What is an Overweight Bond?

If your business operates heavy vehicles, including trailers, haulers, and/or oversized commercial trucks, you may need an overweight bond.

Overweight bonds are required by many state, county, and municipal governments. These types of bonds allow your overweight motor vehicle to operate on public highways.

The bond works to guarantee payment of any taxes and fees used to fund maintenance and upkeep of public roads along with ensuring the trucker uses designated routes on specific dates and hours within each permit.

The exact amount per overweight bond can vary based on highway/road conditions, gross and axle weights, the time of day allotted to travel, escorting, curfews, and other conditions necessary for safe road travel. The oversize/overweight surety bond can also ensure that the driver operating the heavy machinery will not cause any damage to pavement, structures, bridges, roadway, drainage structures, or other damages and complies with the permit schedule.

Regardless, overweight bonds are meant for trucking firms that use vehicles with excess weight or dimensions because they are more likely to cause damage to roadways.

Overweight Bond requirements for Texas:

In the state of Texas, loads and vehicles exceeding the legal size and/or weight limits must secure an oversize/overweight permit from the Texas DMV to legally travel on Texas roads.

Sometimes, you may need to file a surety bond with the Texas DMV by an amount set by the Texas Department of Transportation and make payable to them for any damages caused on the highway due to your overweight vehicle operation.

The surety bond may be required under Chapter 623, Transportation code.

Overweight Bond requirements for Louisiana:

In the state of Louisiana, some loads and vehicles need to get a license or permit surety bonds to drive on public highways.

If your business has an oversized truck or commercial trucking fleet, you need a surety bond for your oversized load. The overweight bond normally proves the payment of taxes and other fees that are used to keep the maintenance and upkeep of the public highways and roads.

Overweight Bond requirements for Arizona:

In the state of Arizona, the necessity for an overweight bond will depend on the specific size and weight limits of your trucking vehicle. The loads cannot be reducible and it only allocated the permits for a single trip or 30 days.

Known as Class A oversize/overweight permits in Arizona, these permits are only issued for travel on state routes. If a permit is needed for other means, the permit can be obtained through the proper local authority and LKA Insurance Agency can help you find the locality for your route.

Overweight Bond requirements for Utah:

In the state of Utah, if the vehicle or load exceeds the legal dimensions, a permit must be issued and carried in the vehicle for inspection by law enforcement. Permits are issued on a single trip, semi-annual, or annual basis.

At LKA Insurance Agency, we can get you the permits and overweight bonds for your commercial truck and load in Utah. Contact us now for your free estimate.

Overweight Bond requirements for Oklahoma:

In the state of Oklahoma, if your business has an oversized truck or commercial trucking fleet, you need a surety bond for your oversized load. Some loads and vehicles need to get a license or permit surety bonds to drive on public highways.

The overweight bond normally proves the payment of taxes and other fees that are used to keep the maintenance and upkeep of the public highways and roads.