IL personal property warehouse bonds.
From $100.

Before an Illinois personal property warehouseman is licensed, it files a surety bond (or legal-liability policy) under the Personal Property Storage Act to protect depositors’ stored goods — the bond prices at 0.5% of the bond amount, $100 minimum, with a quick soft credit check that never affects your score. Enter the required amount and see your exact price.

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Filed before licensure under the Personal Property Storage Act (240 ILCS 10) as security for stored goods

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Protects depositors against loss or damage to property they store with the warehouse

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Priced at 0.5% of the bond amount, $100 minimum — with a soft credit pull that never affects your score

0.5% of bond amount$100 minimumSoft pullnever a hard inquiryFastinstant underwriting for most files

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How it works

Three steps to filed.

Your warehouse license is waiting on this security. Here is the whole process — no broker phone tag:

TODAY · ONLINE

Apply online

Your business details, years in business, the bond amount your class requires, and the effective date — that is the application, plus a one-time consent to a soft credit pull.

WITHIN 48 HOURS

Reviewed & approved

Most clear quickly; if underwriting needs anything, an underwriter reaches out within 48 hours. The credit check is a soft pull that never affects your score.

1–2 BUSINESS DAYS

File with the Commission

Receive the executed bond ready to file as security before your license issues. Wet-ink originals mailed whenever the Commission insists.

About this bond

What it is and who needs it.

What the warehouse bond actually covers

Illinois regulates personal property warehouses under the Personal Property Storage Act (240 ILCS 10). Before a license issues, the warehouseman must file a surety bond or legal-liability insurance policy as security for the goods depositors leave in its care.

The bond provides for the warehouseman’s faithful performance of its duties under the Act and the Uniform Commercial Code, and for payment of any loss or damage sustained by a depositor of stored property. It is payable for the benefit of owners of the stored goods.

The required security varies by warehouse class and size — commonly from $10,000 up, with larger classes carrying higher amounts. A continuous surety bond may stand in for the insurance coverage. We issue the amount your class requires with premiums starting from $100 and a soft credit check; if the surety pays a claim, you repay the surety.

240 ILCS 10 (Personal Property Storage Act)Under the Illinois Personal Property Storage Act (240 ILCS 10), a personal property warehouseman must file, before licensure, a surety bond or legal-liability policy as security for the faithful performance of its duties and for payment of any loss or damage to a depositor’s stored property. Required amounts vary by warehouse class and size — confirm yours on the Commission’s bond form before filing.

You need this bond if you are

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A personal property warehouse applying for an Illinois license to store others’ goods

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A household-goods or self-storage operator covered by the Personal Property Storage Act

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Renewing a warehouse license and your current security is expiring

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Expanding capacity or class so your required security amount increases

One application, issued instantly.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.

Start the application →

FAQ

Common questions.

How much is the Illinois warehouse bond?This bond prices at 0.5% of the bond amount, with a $100 minimum. The amount itself depends on your warehouse class and size under the Personal Property Storage Act — commonly from $10,000 up. Enter the figure your class requires and see your exact price at the application.

Can I use insurance instead of a bond?The Act accepts either a surety bond or a legal-liability insurance policy as security. A surety bond is often the cheaper option — you pay the premium rather than tying up coverage capacity. We write the bond version.

Is there a credit check?A quick soft credit check may apply — it is never a hard inquiry and never affects your score. It can inform approval; pricing itself is 0.5% of the bond amount, with a $100 minimum.

Who does the bond protect?Depositors who store personal property with the warehouse. It backs the warehouseman’s faithful performance and pays for loss or damage to stored goods — and if the surety pays, you repay the surety.

What amount should I choose?Use the security your warehouse class requires on the Commission’s bond form. If you are not sure of your class, send us the form and we will confirm the amount before issuing.

Related bonds

Other Illinois bonds.

Warehouse bond, handled today.

From $100, short application. Soft pull only, e-signed bond in 1–2 business days. Free until issued.

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