The Maryland Hauling Performance Bond is required by the Maryland Department of Transportation, State Highway Administration. Check with the department for the bond amount.
The bond assures the state that if there are any damages on any road due to oversize/overweight hauling, they will be properly compensated.
The Maryland Performance Bond must be kept on file for a minimum of one year from the date of the oversize/overweight move. This is to ensure coverage of potential costs associated with a particular move. The cost are due to the excessive size/weight, where damages may not be immediate.
Individuals that have a permit for oversize/overweight hauling on highways owned and maintained by the MD State Highway Administration and MD Transportation Authority must be bonded. Permits are issued by The Hauling Permits Unit. A Hauling Performance Bond is part of the authorization process.
Surety1 offers some of the lowest rates available. We have partnered with over a dozen A-rated surety markets to get you bonded quickly and at a competitive price.
Here at Surety1, we make things easy for you. Start the process by completing our easy-to-navigate, free online application form. After that, one of our surety agents will contact you with a no-obligation quote for the bond premium. Once you decide to move forward with us, you just need to pay the bond premium and sign the agreement. Next, we will send out your Maryland Hauling Performance Bond through USPS Priority Mail. Overnight delivery is available, for an additonal fee.
Surety Solutions Insurance Services, Inc. (Surety1) has been issuing surety bonds in the State of Maine since 2003. We continue to be rated A+ by the Better Business Bureau for our outstanding service.