Illinois 72-Hour Trip Permit Bond Guide
If you’re applying to sell 72-hour trip permits in Illinois, you’ll need to file a $5,000 bond.
Bond Overview
- Purpose: To cover any unpaid registration fees or taxes
- Who Needs It: Companies selling 72-hour trip permits to motor carriers in Illinois
- Regulating Body: The Illinois Secretary of State, Commercial and Farm Truck Division
- Required Coverage: $5,000
- Premium Rate: $50–$500, credit-based
Learn all about the bond requirements and process in this guide.
What Is an Illinois 72-Hour Trip Permit Bond?
A Illinois 72-hour trip permit bond is required for any person or business that wishes to sell 72-hour trip permits.
The bond guarantees funds are available to cover any unpaid registration fees or taxes if the business defaults on their obligations.
How Much Do 72-Hour Trip Permit Bonds Cost?
Illinois 72-hour trip permit bonds cost a small percentage of the coverage amount, typically $50–$500.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Illinois 72-hour trip permit bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll mail you the bond via your preferred shipping method. Be sure to file it with the Secretary of State as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does an Illinois 72-Hour Trip Permit Bond Work?
A 72-hour trip permit bond creates a legal contract between these three parties:
- Principal: You, the permit seller filing the bond
- Obligee: The Illinois Secretary of State, Commercial and Farm Truck Division requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for operating legally and paying all fees and taxes.
If you break the bond terms, the state can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety.