Decatur, Illinois Raffle License Bond

We write Raffle Bonds in Decatur, Illinois.
Our GOOD CREDIT rate is 1%.

Or click here to download a PDF version of the application.

Decatur, Illinois Raffle License Bonds are required by the City of Decatur. The required bond amount is equal to or double the raffle's prize amount.

Applicants are required to pay a registration fee of $25.00 for the first $1,000 of the value of the prize, and $10.00 for every additional $1,000 added to the prize value, with a maximum fee of $115.00.

The maximum amount of cash prize to be awarded should not exceed $100,000, and should not exceed $200,000 for a non-cash prize. The amount for all cash prizes awarded in the raffle should not exceed $300,000.

Follow this link if you would like to visit the City of Decatur page for the Decatur, Illinois Raffle License Bond requirement.

Most applicants with good credit will qualify for rate indicated. In order to receive your specific quote, we must review your qualifications to determine the lowest possible price. If you have already been declined or nonrenewed by another Surety Company, chances are you will not qualify for this preferred rate.

We have various sureties willing to write bonds for applicants with less than perfect credit, including a special program with very competitive prices for those with just a few credit blemishes.

We find the best possible price for your surety bond given your particular qualifications.

Click on the No Obligation Quote button to complete our simple, one-page online bonding application. Completing the following application allows the underwriters at BondAbility to provide you with a specific quote for the exact bond you need. After you submit our online application, we will respond with your personalized quote within the hour!

Additional information about this corporate surety bond requirement is as follows:
Obligee - City of Decatur
Bond Amount - Set by the obligee
Bond Premium - 1% of bond amount
Bond is valid for the duration of the licensed contests!

If you would like to see all our Surety Bonds, please click here.

  Here’s How it Works:

1. Click for Quote, fill out PDF. 2. Click Submit. 3. Get your Exact Quote emailed to you.
All bonds are guaranteed to be accepted by the obligee
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