MD Oversize/Overweight Hauling Bond Overview
- Purpose: To ensure that haulers follow permit terms and pay for any damages caused
- Who Needs It: Some oversize and overweight haulers in Maryland
- Regulating Body: The Department of Transportation’s State Highway Administration (MDOT SHA) — Hauling Permits Unit
- Required Coverage: Set by the Hauling Permits Unit; typically $10,000
- Premium Price: $100 for up to $10,000 coverage
What Is a Maryland Hauling Performance Bond?
A Maryland hauling performance bond is a type of permit surety bond. It promises the state that you will follow every term of your oversize or overweight hauling permit.
The bond offers financial backing if your move damages roads, bridges or other public property.
How Much Coverage Do I Need?
The Hauling Permits Unit will set your bond amount based on your load and your move. $10,000 is the most commonly required amount. Confirm your coverage before buying your bond.
Note: This bond doesn’t pay your permit fees. To pay permit fees on a monthly account, there is a separate Maryland credit hauling bond.
How Much Does the Bond Cost?
Maryland hauling performance bond rates start at $100 for one year of coverage. Your exact price depends on your bond amount:
- $1,000–$10,000 coverage: $100
- $10,001–$50,000 coverage: $100 per $1,000 of coverage
- $50,001+ coverage: 1–10% of the bond amount; credit-based
You can buy bonds up to $50,000 instantly online. Bonds over $50,000 need a quick application review before we send your invoice.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Hauling Performance Bond?
MDOT SHA typically requires this bond before issuing a permit for an overweight or oversize load (16 '+ wide, 16' + high, 100 '+ long, or over 60 tons). You have two ways to meet this requirement:
- Filing a hauling performance bond
- Adding a contractual liability clause to your insurance policy
Many haulers choose a surety bond. It’s quick to get and only costs a small percentage of the coverage amount rather than full collateral.
How Do I Get My Bond?
SuretyBonds.com makes getting your Maryland hauling performance bond fast and easy. Just enter your bond amount and company name to buy coverage up to $50,000.
If you need a larger bond, fill out a quick quote request form. We’ll provide your no-obligation quote invoice within one business day or less.
You’ll receive the official bond form via email. File it with the Hauling Permits Unit as instructed.
How Does a MD Hauling Performance Bond Work?
This surety bond is a legal contract between three parties:
- Principal: You, the hauler buying the bond
- Obligee: The MDOT SHA’s Hauling Permits Unit requiring the bond
- Surety: The company backing the bond
If you break your permit terms or damage state property, the state can file a claim on your bond. The surety pays valid claims up to the bond amount, but you must repay the surety.
How Long Must My Bond Stay on File?
Your bond needs to remain on file with the Hauling Permits Unit for at least one year after your oversize or overweight move.
How Do I Renew or Update My Bond?
Your bond has a one-year term, unless you choose the multi-year discount. To renew, pay your renewal invoice before the bond expires. We’ll send out helpful reminders before it does to ensure your bond stays active if needed.
Need to change your company name or bond amount? Email us at [email protected] and we’ll help you make any edits.
How Do I Get a Maryland Hauling Permit?
Follow these four steps to apply for a Maryland oversize or overweight hauling permit:
- Create an account on Maryland One, MDOT SHA’s online permit system.
- Submit your hauling permit application.
- Buy and file your hauling performance bond, if required.
- Pay your permit fees.
