New Jersey Home Improvement Contractor Bond (NJ HIC Bond)
New Jersey Home Improvement Contractors (HICBs) must maintain additional security as part of registration. A compliance bond is one permitted option, alongside an irrevocable letter of credit or other acceptable security. Same-day issuance may be available when approved; timing varies by application.
Have your bond tier if known, contract size or prior 12-month volume, deadline, and contact details ready. We'll confirm the applicable security option and follow up after review.
Get Your Surety Bond Quote
No obligation. Expert guidance.
Share your name and contact information, HIC bond tier if known, contract size or prior 12-month volume, deadline, and notes. We'll confirm the applicable option and follow up after review; timing varies by application.
Check the NJ Division of Consumer Affairs for current HIC registration and renewal information.
Renewing or Switching Your NJ Home Improvement Contractor Bond?
If you are registering, renewing, or reviewing your current security, start with the bond amount and filing information you have. Switching providers can be reviewed without interrupting your compliance. We can review agency-specific pricing, and select no-credit-check options may be available for qualifying applicants.
Call for a Fast HIC Bond QuoteNeed to Renew Your NJ HIC Bond?
If your New Jersey contractor registration is coming up for renewal, we can help you get your HIC bond renewed quickly and correctly.
Visit the NJ HIC Bond Renewal PageWho Needs a New Jersey Home Improvement Contractor Bond?
New Jersey Home Improvement Contractors, including general contractors, remodelers, painters, roofers, flooring contractors, and other home improvement professionals, must maintain additional security as part of registration. A compliance bond is one permitted option.
Looking for NJ HIC Bond Pricing?
See the common bond amounts and what contractors typically pay before you call.
View NJ HIC Bond CostChoose Your Bond Amount
The applicable compliance-bond tier is based on your contract size and prior 12-month contract volume. Use the amounts below as a starting point, then confirm the applicable option before filing.
Understanding the New NJ Law
In January 2024, Governor Murphy signed P.L. 2023, c. 237 into law, amending the Contractors' Registration Act and creating the Home Improvement and Home Elevation Contractor Licensing Act.
This law requires New Jersey HICBs to maintain additional security as part of registration. A compliance bond is one permitted form, alongside an irrevocable letter of credit or other acceptable security.
The bond protects New Jersey consumers by ensuring contractors fulfill their contractual obligations. If a contractor fails to complete work or violates the law, consumers can file a claim against the bond.
Additional security options
A compliance bond is one permitted form of additional security. Contractors may also discuss an irrevocable letter of credit or other acceptable security with the NJ Division of Consumer Affairs.
Additional Requirements
In addition to the selected additional-security option, NJ contractors must also maintain:
- General Liability Insurance
$500,000 per occurrence for home improvement; $1,000,000 for home elevation
- Workers' Compensation Insurance
Required unless legally exempt (sole proprietors with no employees may be exempt)
- Registration Fee
Paid to the NJ Division of Consumer Affairs
Why Choose Can Do Surety Bonds?
Licensed NJ agency with local expertise on contractor bonding requirements
Review Before Issuance
Same-day issuance may be available when requirements, eligibility, and underwriting are confirmed
Reference Pricing
Agency-specific reference pricing may start at $100/year for $10K bonds; final premium and applicable fees are confirmed after review
A-Rated Carriers
Backed by Travelers, Liberty Mutual, Hartford
Expert Support
NJ bonding specialists ready to help
Trusted & Licensed
Licensing & Credentials
- Licensed Insurance Producer - NJ Dept. of Banking and Insurance
- Authorized in all 50 states
- Member - National Association of Surety Bond Producers
A-Rated Carriers
We work exclusively with A-rated (Excellent) carriers:
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Frequently Asked Questions
What is a New Jersey Home Improvement Contractor Bond?
New Jersey Home Improvement Contractors (HICBs) must maintain additional security as part of registration. A compliance bond is one permitted form of that security, alongside an irrevocable letter of credit or other acceptable security.
Is the NJ HIC bond required for registration?
New Jersey HICBs must maintain additional security to register or renew. A compliance bond is one permitted option; the NJ Division of Consumer Affairs also recognizes other acceptable security options.
How much does a NJ home improvement contractor bond cost?
Agency-specific reference pricing may be available for $100/year on a $10,000 bond, $125/year on a $25,000 bond, and $250/year on a $50,000 bond. Your tier depends on contract size and prior 12-month volume; final premium and applicable fees are confirmed after review.
How soon can a compliance bond be issued?
After the required information, eligibility, and underwriting are reviewed, same-day issuance may be available when approved. Timing varies by application.
What information do you need for a quote?
Have your business name, contact details, bond tier if known, contract size or prior 12-month volume, and deadline ready. No-credit-check options may be available for qualifying programs and applicants.
What happens if a claim is filed?
If a valid claim is filed against your bond, the surety company pays the claimant up to the bond amount. You are then responsible for reimbursing the surety company for the claim amount plus any costs.
Need renewal information? Visit our NJ HIC Bond Renewal page.
Need requirements guidance? Review the NJ HIC requirements checklist.
Want pricing first? Visit our NJ HIC Bond Cost page.
Get Your NJ Contractor Bond Today
Fill out the form below or call (609) 491-7404 for immediate assistance.
To ensure NJ compliance and proper underwriting:
HIC bonds are issued with specialist review. Same-day issuance may be available after requirements, eligibility, and underwriting are confirmed.
Need Liability Insurance Too?
Most NJ contractors who need a Home Improvement Contractor Bond also need General Liability Insurance for jobs, permits, and customer requirements. We can help you bundle it quickly—so you stay compliant and covered.
Get Your Surety Bond Quote
No obligation. Expert guidance.
Share your name and contact information, HIC bond tier if known, contract size or prior 12-month volume, deadline, and notes. We'll confirm the applicable option and follow up after review; timing varies by application.
How Our Pricing Compares (Same NJ Bond — Lower Cost)
Most NJ agencies charge approximately:
- $25,000 bond → ~$250
- $50,000 bond → ~$500
At Can Do Surety Bonds, our pricing is:
- $25,000 bond → $125
- $50,000 bond → $250
Same compliance. Same NJ requirements. Just lower cost and local guidance.
Call (609) 491-7404 — Speak with a Licensed NJ Bond SpecialistNJ HIC Bond Requirement — What Contractors Need to Know
New Jersey Home Improvement Contractors must maintain additional security as part of registration. A compliance bond is one permitted option; confirm current renewal information with the NJ Division of Consumer Affairs.
If your bond lapses, your registration can be delayed or suspended — which may prevent you from legally performing home improvement work.
We help NJ contractors review agency-specific HIC pricing and stay compliant with local, phone-first support — no call centers.
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