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What is an Illinois Individual Highway Permit Bond?
The Illinois Department of Transportation requires a bond for the Illinois Individual Highway Permit. This is to ensure that any construction, location, operation and maintenance work described in your permit will be done with honesty and integrity according to the terms and conditions outlined in your permit. If you want this guarantee from IDOT, make sure you contact us today!
Do you need a Kane County, IL – Individual Highway Permit Bond?
Swiftbonds offers bonds for all types of permits in Illinois. We offer both personal and corporate bonds with competitive rates. Our agents will work with your budget to find the best option for you.
You can be confident that our staff has years of experience working with these types of permits so they know what they’re doing! They are committed to providing excellent customer service while making sure you get the right bond at the right price. Contact us today!
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Why is the Individual Highway Permit Bond required?
Businesses must purchase a bond to activate their license or permit. This guarantees that if the business fails to comply with licensing and permit laws, they will be compensated by the surety company for any damages incurred due this negligence. Get a Lake County, IL – Plumbing and Sewer Contractor ($5,000) Bond.
How does an Individual Highway Permit Bond work?
Getting a Individual Highway Permit Bond means you agree with the entity requiring it, called the obligee. Your surety company agrees to cover for you in case your clients or public make claims against their contract and need payment from your bond. If there’s ever any problems on either side of this agreement, only then will we get involved so that both parties can be satisfied. See a Lake County, IL – DOT Highway Right-of-Way Performance Bond.
How much does an Individual Highway Permit Bond cost?
Individual Highway Permit Bond is a type of surety bond that varies in cost and depends on the credit score of the applicant. Sometimes, personal or business financials may be required depending on what surety amount is needed for bonding purposes.
Can I get a Individual Highway Permit Bond with bad credit?
Swiftbonds offers a wide-range of approvals, regardless of credit history or bad credit. One key factor in our success is that we are able to work with 99% of applicants who have been turned down elsewhere due to their poor financial standing. Our knowledgeable underwriting staff will make sure you get the lowest possible price for your bond no matter what personal circumstances may be preventing you from getting approved for other companies' bonds. Read a Illinois Laborers International Union Of North America Union #149, 582, 1035 Wage and Welfare Bond.
How to get your Individual Highway Permit Bond?
Would you like to know the first step in getting your Individual Highway Permit Bond? It's super easy! Fill out our quick online application and get a no obligation quote today. Our Underwriters will contact you within an hour of submission, or come chat with them on the phone for help applying. Find a Lake County, IL – DOT Highway Access Performance Bond.