Minnesota Contractor License Bond Guide
Minnesota Department of Labor and Industry (DLI) requires residential building contractors to be licensed and to file proof of financial responsibility — usually a $15K–$25K surety bond.
MN DLI bond amounts
Residential building contractors: $15,000 bond OR Letter of Credit. Residential remodelers: $15,000. Residential roofers: $15,000. Manufactured-home installers: $25,000.
Cost
$15K bond: $75–$300/year for good credit. $25K bond: $125–$500/year for good credit. Higher for marginal credit.
Bind same-day
Iowa and Minnesota bonds bind same business day in most cases. 814-718-0060.
Ready for a same-day quote?
Real broker. Real numbers. Same business day on most Minnesota policies.
