What is a Superheavy or Oversize Bond?
This surety bond is required from anyone who wants to transport superheavy or oversized loads through Texas. The bond must be posted with the Texas Department of Transportation, which is the bond’s obligee and issues the permit allowing the load to pass.
Superheavy or oversize permit bonds guarantee that the state will be able to obtain quick compensation for any damages that may result from the handling of superheavy or oversize loads. The bond extends its coverage to all highways which are under the jurisdiction of the Transportation Commission.
Logistics companies that own and operate superheavy or oversized vehicles are required to hold $10,000 surety bonds as a licensing requirement. These bonds ensure that principals comply with the provisions of Chapter 623 of the Transportation Code. Superheavy or oversize permit surety bonds in Texas exist to ensure that principals (superheavy/oversize permit holders) make payment to the Texas Department of Transportation for any and all damages that are sustained to any highway that falls under the jurisdiction of the Texas Transportation Commission.
Purchasing Your Superheavy or Oversize Bond
- Click the Buy Now button.
- Fill out the easy bond form.
- Confirm your order and select how you would like your bond documents delivered. Email or regular mail.
- Pay for your bond.
- If you chose to have your documents emailed, you will receive them within minutes.
It’s that simple and fast!
Pricing & Terms
Surety bond costs are a percentage of the full bond amount, which is usually determined by your personal credit. Providing industry experience, strong personal credit, and business/personal financials will help lower your bond rate. Reach out for a quote today.
Bond Purchase Process
1. Find Your Bond
2. Secure Pricing
3. Buy Online
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The bonding process can be confusing and cumbersome. Our surety bond experts are standing by and ready to answer any questions. Let’s get you bonded today!