NJ HIC Bond Cost in 2026: Reference Pricing by Contractor Tier

New Jersey HICBs must maintain additional security as part of registration. A compliance surety bond is one permitted option alongside an irrevocable letter of credit or other acceptable security. Agency-specific reference pricing may be available for qualifying applications; requirements vary by bond type, amount, carrier, and underwriting.

Your required bond amount is determined by either your largest single contract or your total annual contract volume — whichever is higher.

The figures below are agency-specific indicative reference pricing, not a universal promise. Final premium and any applicable fees are confirmed after eligibility, carrier, underwriting, and fee review.

$10,000 Bond — Indicative reference: $100/year
For contractors whose largest single contract is under $10,000, OR whose total annual volume is less than $150,000.

$25,000 Bond — Indicative reference: $125/year
For contractors with contracts between $10,000–$120,000, OR annual volume between $150,000–$750,000.

$50,000 Bond — Indicative reference: $250/year
For contractors with contracts over $120,000, OR annual volume above $750,000.

NJ HIC compliance bonds are a low-risk product for surety companies. The bond protects the NJ Division of Consumer Affairs and consumers — not the contractor. Because most HIC contractors don't have claims on their bonds, surety companies charge flat, low premiums.

For $10K and $25K bonds, no-credit-check options may be available for qualifying programs and applicants. Requirements vary by bond type, amount, and carrier; the applicable premium and fees are confirmed after review.

Pricing is not universal. The applicable premium may depend on the program, carrier, eligibility, underwriting, bond amount, and any applicable fees.

For $50K bonds, pricing may vary based on:

• Credit score
• Years in business
• Claims history
• Business financials

A $50K application may receive different terms after carrier and underwriting review; the final quote confirms the applicable premium and fees.

Step 1: Call (609) 491-7404 or fill out the contact form on this site.

Step 2: Tell us your business volume and which tier applies. We'll confirm your bond amount in minutes.

Step 3: After requirements, eligibility, and underwriting are confirmed, same-day issuance may be available and documents can be sent for your NJ Division of Consumer Affairs renewal.

Same-day issuance may be available after requirements, eligibility, and underwriting are confirmed; timing varies by bond type and application.

Can Do Surety Bonds can review your application and confirm the available premium, carrier terms, and applicable fees before you decide whether to proceed.

👉 Get your NJ HIC bond today or call (609) 491-7404 for immediate service.