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Minnesota contract electrical inspector bonds.
$100 flat.

Minnesota's $1,000 contract electrical inspector bond under Minn. Stat. 326B.36 is given to the Department of Labor and Industry, conditioned on the faithful performance of your inspection duties. The premium is a flat $100, set by our carrier's rate book for this bond. The application collects no credit information.

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Required of an inspector under contract with DLI to provide electrical inspection services
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Fixed amount, fixed price — $1,000 bond, $100, no quote process
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Conditioned on faithful performance of your inspection duties under Minn. Stat. 326B.36
A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Your details and an effective date. That's the application — no financials, no credit section.

MINUTES, USUALLY

Pay & e-sign

Small fixed bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with the Department of Labor and Industry

Your executed bond and power of attorney arrive by email, ready to give to DLI with your inspection contract. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Minnesota's electrical inspections are administered by the Department of Labor and Industry's Board of Electricity, and much of the field inspection is done by inspectors under contract with the department. Under Minn. Stat. 326B.36, every such contract inspector must give a $1,000 bond conditioned on the faithful performance of their duties.

It is a three-party arrangement: you (the principal), the surety carrier, and the State of Minnesota (the obligee). If a contract inspector fails to perform their inspection duties faithfully and the state or a third party is harmed, they can recover against the bond.

This is a small, fixed accountability bond tied to your inspection contract — not a contractor license bond. It is not insurance for you: if the surety pays a claim, you repay the surety.

Minn. Stat. 326B.36Under Minn. Stat. 326B.36, all inspectors under contract with the Department of Labor and Industry to provide electrical inspection services shall give bond in the amount of $1,000, conditioned upon the faithful performance of their duties.

You need this bond if you're

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Contracting with DLI to provide electrical inspection services
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Renewing an inspection contract that requires the $1,000 performance bond
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Joining as a new contract inspector on the Board of Electricity’s roster
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Replacing a lapsed bond to keep your inspection contract in good standing

One application, issued instantly.

These are the actual issuing fields — no credit section, because this bond doesn't have one.

Start the application →
FAQ

Common questions.

How much is the Minnesota contract electrical inspector bond?It is $100. That premium is set by our carrier's rate book for this specific bond — not a percentage of the $1,000 amount — and it is the same for every contract inspector. The $1,000 amount is set by statute, so there is no quote process.
Do I pay the $1,000?No. You pay $100. The $1,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
Who requires this bond?The Minnesota Department of Labor and Industry. Under Minn. Stat. 326B.36, every inspector under contract with the department to provide electrical inspection services must give a $1,000 bond conditioned on faithful performance of duties.
Is there a credit check?The application collects no credit information — there's no credit section at all. Most applications like this approve instantly.
When does it renew?The bond must stay active for as long as your inspection contract runs. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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MN Water Conditioning Contractor ($3,000)
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Finish your inspection-contract checklist today.

$100 flat, no credit review, bond often issued in the same sitting. Free until issued.

Start application
Your price$100
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