Waste or Scrap Tire Hauler Bond Guide
Several states require companies that transport waste tire products to file a surety bond as a licensing requirement. Learn how scrap tire hauler bonds work, where to get one, and how much they cost in this guide.
Bond Overview
- Purpose: To ensure safe transportation and proper disposal of waste and scrap tires
- Who Needs It: Individuals and companies that collect scrap tires them to a facility
- Required Amount: $10,000–$150,000, varies by state and specific bond type
- Premium Rates: Typically 1–5% of the total bond amount, credit-based
What Are Waste or Scrap Tire Hauler Bonds?
Waste or scrap tire hauler bonds are required in several states to transport scrap tires to processing facilities where the tires are disposed of or recycled. Waste tire hauling businesses and individuals must maintain an active bond policy to be licensed in certain jurisdictions.
If you are hauling other types of waste products, visit our Waste Hauler Bond page to find the bond you need.
How Much Do Waste or Scrap Tire Hauler Bonds Cost?
The required bond amount can range from $10,000–$150,000 depending on your state’s licensing rules. Most qualified applicants can expect to pay a premium rate of 1–5% for their waste or scrap tire hauler bond. For example, the $10,000 Michigan registered scrap tire hauler bond starts at just $100 for applicants with excellent credit.
Exact bond premiums are determined on an individual basis using credit score. Select your state below to apply for your free quote today!
How Do Waste or Scrap Tire Hauler Bonds Work?
A scrap tire hauler bond creates an agreement between three parties:
- Principal: The operator or person assuming responsibility for the transportation
- Surety: The surety company providing the bond
- Obligee: The government agency requiring the license
These bonds protect customers and the obligee if the principal fails to safely transport materials according to local rules and regulations. If any party is harmed, they can file a claim against the bond for reimbursement.
How to Get a Waste or Scrap Tire Hauler Bond
By working with SuretyBonds.com, you can experience the fastest and easiest way to get your scrap tire hauler bond. Just follow these simple steps:
- Apply online at SuretyBonds.com
- Get a free quote within one business day
- Purchase your bond
- File the bond with the obligee
After purchasing, your bond will be mailed directly to you to file with the state licensing department. You can opt for two-day, next-day or overnight shipping.
How to Renew Your Waste Tire Hauler Bond
Your waste or scrap tire hauler bond will expire annually. Typically, you simply need to pay your renewal invoice to maintain your active bonded status. You’ll receive reminders from your SuretyBonds.com account manager and instructions as needed during the renewal period.