Dream Lands Design
  • Home Improvement
    • DIY
    • Remodeling
    • Woodworking
    • Accessories
    • Home Design
      • Furniture
      • Organize
      • Tips
      • Decor
        • Interior
        • Exterior
    • Design Ideas
      • Bathroom
      • Bedroom
      • Dining Room
      • Living Room
      • Kitchen
  • Gardening
    • Backyard
    • Front Yard
    • Landscaping
  • Building Staircase
  • Home Improvement
    • DIY
    • Remodeling
    • Woodworking
    • Accessories
    • Home Design
      • Furniture
      • Organize
      • Tips
      • Decor
        • Interior
        • Exterior
    • Design Ideas
      • Bathroom
      • Bedroom
      • Dining Room
      • Living Room
      • Kitchen
  • Gardening
    • Backyard
    • Front Yard
    • Landscaping
  • Building Staircase

Categories

  • Accessories
  • Backyard
  • Bathroom
  • Beauty
  • Bedroom
  • Cars
  • Decor
  • Design Ideas
  • Dining Room
  • DIY
  • Entertaining
  • Exterior
  • Finance
  • Front Yard
  • Furniture
  • Gardening
  • Green Living
  • Home Design
  • Home Improvement
  • Interior
  • Kitchen
  • Landscaping
  • Lifestyle
  • Living
  • Living Room
  • Organize
  • Outdoor Living
  • Photography
  • Real Estate
  • Remodeling
  • Tips
  • Wall Improvement
  • Woodworking

Archives

  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • Privacy Policy
  • Terms of Use
  • Disclosure
  • Sitemap
  • Contact Us
29K
98K
0
Dream Lands Design
  • Home Improvement
    • DIY
    • Remodeling
    • Woodworking
    • Accessories
    • Home Design
      • Furniture
      • Organize
      • Tips
      • Decor
        • Interior
        • Exterior
    • Design Ideas
      • Bathroom
      • Bedroom
      • Dining Room
      • Living Room
      • Kitchen
  • Gardening
    • Backyard
    • Front Yard
    • Landscaping
  • Building Staircase
Featured image - Illinois General Contractor License and Insurance Requirements
You're here: Home Finance Illinois General Contractor License and Insurance Requirements

Illinois General Contractor License and Insurance Requirements

  • Perla Irish
  • October 25, 2020
Total
2
Shares
0
0
2
0
0
Table of Contents Show
  1. License Requirements for Chicago
  2. Insurance Policies and Requirements
  3. What Type of Insurance is Mandatory?
  4. Obtaining General Liability Insurance is a Smart Move
  5. Strict but Fair License and Insurance Requirements

Each US state has varying laws governing the various aspects of a contracting business. Since general contractors also fall into this category, the requirements for obtaining a general contractor license also will differ from state to state.

image - Illinois General Contractor License and Insurance Requirements
Illinois General Contractor License and Insurance Requirements

When it comes to Illinois, the state law does not regulate general contractor licenses. Cities and counties regulate themselves. Depending on the place where the general contractor lives and works, the laws may be different.

Read on to find out what the Illinois General Contractor License and Insurance Requirements are.

License Requirements for Chicago

In Chicago, the largest city in the state of Illinois, obtaining a general contractor license requires filling in an application that needs to be sent by mail to the City’s Department of Buildings with accompanying proof of insurance attached.

Depending on the type of license required, you will need to pay an additional fee. For example, if you need a Class E license, which covers working on contracts lower than $500,000, a fee of $300 is required.

If require a Class A license, which covers working on all types of projects, the fee will be $2,000.


Read Also:

  • How to Choose a General Contractor for Your Roofing and Construction
  • Home Insurance: What Determines Low Rate Charged On Premium?
  • How to Hire a Quality Contractor for a Home Project
  • Find the Right General Contractor Easily
  • Why Your Cleaning Service Needs Insurance

Insurance Policies and Requirements

Even though not all cities and counties in the US require proof of insurance, it’s best to invest in one. Working as a general contractor entails being on a construction site every day where unforeseen events can occur. Being uninsured means risking everything.

Another critical issue to consider is the difficulty of getting hired if you have no insurance. It can prove almost impossible and most of the time a client will want to know if you are insured or not.

Business insurance is a safety measure both for the client and for the general contractor.

What Type of Insurance is Mandatory?

When it comes to running a business that employs staff, the state requires you to take out workers’ compensation insurance. This is mandatory for everyone running a business.

This is where your employees are covered for medical expenses, compensated for injuries, receive a salary during their recovery period, and are covered for lawsuits related to the workplace.

Over and above this, the State of Illinois does not require any additional insurance plan. Still, a reputable company will have a contractors’ general liability insurance plan in place. This insurance safeguards your business against individual claims by a client or third party.

image - Obtaining General Liability Insurance is a Smart Move

Obtaining General Liability Insurance is a Smart Move

Contractors can often make unintended mistakes on the job. With a general liability insurance plan, you are covered for bodily injury, property damage, personal injury, and marketing damages.

Strict but Fair License and Insurance Requirements

The Illinois law on contractors provides strict, but fair insurance requirements. The onus falls on you to ensure that you are comprehensively covered for all eventualities.

Total
2
Shares
Share 0
Tweet 0
Pin it 2
Share 0
Share 0
Perla Irish

Perla Irish, who is more familiarly known as Irish, is the Content Manager at Dreamlandsdesign.com. She loves following trends around home and garden, interior design, and digital marketing. Through this blog, Irish wants to share information and help readers solve the problems they are experiencing.

Related Topics
  • business
  • contractors
  • insurance
  • license

Subscribe

Subscribe now to our newsletter

You May Also Like
featured image - 14 of the Best Diy Bathroom Remodeling Tips
View Post

14 of the Best Diy Bathroom Remodeling Tips

  • December 5, 2023
featured image - Marble Wallpaper in Modern Homes Brings the Elegance
View Post

Marble Wallpaper in Modern Homes Brings the Elegance

  • December 5, 2023
featured image - Trusted Furnace Company - Heating Services in Thornton, Co
View Post

Trusted Furnace Company – Heating Services in Thornton, Co

  • December 5, 2023
featured image - An in-depth Manual on Installing and Replacing Windows
View Post

An in-depth Manual on Installing and Replacing Windows

  • December 4, 2023
featured image - 6 Home Additions in Alexandria, VA That’s Perfect for Your Home
View Post

6 Home Additions in Alexandria, VA That’s Perfect for Your Home

  • December 4, 2023
How to Find Out if Your Locksmith is Trustworthy
View Post

How to Find Out if Your Locksmith is Trustworthy?

  • December 4, 2023
featured image - Diy Coffee Under Eye Cream
View Post

Diy Coffee Under Eye Cream

  • December 3, 2023
featured image - Worried About Your Sewer Line Look for These Signs and Call a Plumber
View Post

Worried About Your Sewer Line? Look for These Signs and Call a Plumber

  • December 3, 2023
Dream Lands Design
  • Privacy Policy
  • Terms of Use
  • Disclosure
  • Sitemap
  • Contact Us

Input your search keywords and press Enter.

Add Dream Lands Design to your Homescreen!

Add