New Jersey Home Elevation Contractor Bond
What it is & who requires it
Home elevation contractor businesses (HECBs) — New Jersey's post-Sandy house-raising contractors — registered with the Division of Consumer Affairs that choose to meet the required additional security with a compliance surety bond rather than a letter of credit or securities.
Obligee: New Jersey Division of Consumer Affairs (home elevation contractor business registration). Citation: N.J.S.A. 56:8-142 (Contractors' Business Registration Act, as amended by P.L. 2023, c. 237).
Bond amount
Set by the obligee — the exact amount is confirmed automatically when you start your bond in our portal, or call 317-942-0549.
How to get it
This bond issues online — get bonded through our portal, usually in a single sitting once you confirm the bond, amount, and obligee.
Term & renewal
Term: Maintained while registered as a home elevation contractor business.
Renewal: Renewed with the home elevation contractor business registration.
Filing
This bond is filed with the New Jersey Division of Consumer Affairs and is maintained while you are registered as a home elevation contractor business, renewing with the registration. Under N.J.S.A. 56:8-142 (Contractors’ Business Registration Act, as amended by P.L. 2023, c. 237) the required security may be a compliance bond, an irrevocable letter of credit, or securities or other money — so the bond is one of three co-equal forms and is listed, with the exact amount confirmed when you apply. The separate commercial general-liability insurance is an insurance requirement, not a bond.
Source
This bond requirement is corroborated by multiple public sources; New Jersey Division of Consumer Affairs (home elevation contractor business registration) sets the exact amount, which we confirm when you start your bond.
Related New Jersey bonds
Frequently asked questions
- Who requires the New Jersey Home Elevation Contractor Bond?
- It’s required by New Jersey Division of Consumer Affairs (home elevation contractor business registration) (N.J.S.A. 56:8-142 (Contractors' Business Registration Act, as amended by P.L. 2023, c. 237)). Home elevation contractor businesses (HECBs) — New Jersey's post-Sandy house-raising contractors — registered with the Division of Consumer Affairs that choose to meet the required additional security with a compliance surety bond rather than a letter of credit or securities.
- How much is the New Jersey Home Elevation Contractor Bond?
- Set by the obligee — the exact amount is confirmed automatically when you start your bond in our portal, or call 317-942-0549.
- How do I get the New Jersey Home Elevation Contractor Bond?
- This bond issues online — get bonded through our portal, usually in a single sitting once you confirm the bond, amount, and obligee.
- What is the term?
- Maintained while registered as a home elevation contractor business. Renewal: Renewed with the home elevation contractor business registration.
- Is this bond insurance for me?
- No. It protects the obligee and the public — not you. If a valid claim is paid, you repay the surety.
- How is this requirement verified?
- This bond requirement is corroborated by multiple public sources. The obligee sets the exact amount, which we confirm automatically when you start your bond in the portal or with a producer.
