Illinois, City of Chicago Wrecker's Bond
Fast Bonds for Chicago Wreckers
General Information
Why do I need a City of Chicago Wreckers Bond?
The City of Chicago requires wreckers (towing operators) to file a surety bond to operate legally within city limits. This bond helps ensure compliance with municipal codes, fair fees, proper towing/vehicle release practices, and responsible handling of vehicles and property. It protects the public and the City if a licensed wrecker violates regulations or causes covered financial loss.
Fast & Simple Bond Solutions – No Application or Credit Check Required
- Instant Issue: $20,000 bond approved immediately with no application or credit check.
- Affordable: $100 for $20,000; Starts at $200 for $40,000.
City of Chicago Wrecker's Bond Pricing
| Bond Amount | Term | Price | Credit Check Required |
|---|---|---|---|
| $20,000 | Through 12/31 |
$100 Buy Now |
No |
| $40,000 | Through 12/31 |
Starts at $200 Apply Now |
Yes (required) |
Bonds must run concurrent with the City of Chicago license year, which ends December 31st.
Purchase Now
How To Get Licensed as a Wrecker in Chicago
- Apply with City of Chicago Business Affairs & Consumer Protection (BACP).
- Provide required liability insurance per City rules.
- File the appropriate surety bond ($20,000 or $40,000) with the City.
- Pay licensing fees and comply with municipal towing regulations.
Bond Details at a Glance
- Obligee: City of Chicago, City Hall
- Obligee Address: 121 N LaSalle St, Chicago, IL 60602
- Bond Amount: $20,000 or $40,000
- Premium: $100 (20k) or $200 (40k)
- Term/Expiration: Aligns with license year; expires December 31
- Renewal Document: Renewal/Continuation Certificate required
FAQs
Who needs a City of Chicago Wrecker’s Bond?
Any towing operator performing wrecker services within the City of Chicago must file this bond as part of the license process.
How is the bond amount determined?
The City sets the required bond amount at either $20,000 or $40,000 based on licensing criteria.
Is underwriting required?
The $20,000 bond is instant issue—no application or credit check. The $40,000 bond typically requires a short application and credit review.
How quickly will I receive my bond?
Immediately. We email the bond and provide an instant download link once payment is completed.
When do these bonds renew?
All bonds align with the City license year and expire on December 31. We issue continuation/renewal certificates to maintain compliance.