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What Is an Excess Weight Permit Bond?
To obtain a permit for an excess weight vehicle, carriers must post the required bond in most states. This is because any damages caused to state highways and roads by their activities will be covered if they fail to make such payments. These bonds are also used as compensation when a bonded carrier fails or refuses to pay claims related specifically with that particular activity of theirs-which can happen often.
A weight permit bond is a three-party contractual agreement. Your transportation business is the principal, and the obligee which requires you to provide this type of bonding as well as your surety company back up everything that's going on in order for it to be successful without any issues or problems arising.
Need a State of FL DOT – Excess size and weight Bond?
SwiftBonds is the best way to get an excess size and weight (ES&W) bond. We offer competitive rates, quick turnaround times, and excellent customer service. Contact us today for more information!
You want your business to be successful, so why not take care of all your bonding needs in one place? Get everything from ES&W bonds to surety bonds with SwiftBonds. And don’t forget about our free consultation services! Call today for more information on how we can help you succeed.
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Why do I need an Excess Size or Weight Permit Bond?
The surety bond protects the party requesting it, and is a safeguard against any financial losses as result of poor decisions. The excess size or weight permit bond holds you accountable for your business decisions with an incentive to abide by all state laws in order to avoid fines. Get a Florida – Equipment Interchange Agreement ($10,000) Bond.
What is the purpose of Excess Size or Weight Permit Bond?
An Excess Size or Weight Permit Bond is the first step to establishing trust between an Obligee and a Principal. A bond demonstrates that you are willing to stand by your decisions, which means the other party can be more confident in selecting reputable businesses with whom they will work. See a Florida – Financially Responsible Officer (FRO) ($100,000) Bond.
Can I get a State of FL DOT – Excess size and weight 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. Find a Florida – Cigarette Exporter Bond.
How to get your State of FL DOT – Excess size and weight Bond?
Would you like to know the first step in getting your State of FL DOT – Excess size and weight 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. Need a Florida- Venomous Reptiles Exhibit ($10,000) Bond.