Michigan City of Detroit Extraordinary Load Hauler Bond Guide
If you’re driving overweight or oversize vehicles in Detroit, Michigan, you’ll need this surety bond.
Bond Overview
- Purpose: To hold overweight and oversize motor carriers financially liable for road damage
- Who Needs It: All motor carriers exceeding size or weight limits in Detroit, Michigan
- Regulating Body: The Detroit Consumer Affairs Department
- Required Coverage: $1,500
- Premium Rate: $100 for a 1-year term
Learn all about the bond requirements and process in this guide.
What Is a City of Detroit Extraordinary Load Hauler Bond?
A City of Detroit extraordinary load hauler bond protects city roads from damage due to fraudulent or negligent drivers. It also guarantees payment for any fees or expenses owed.
How Much Do Extraordinary Load Hauler Bonds Cost in Detroit, MI?
A $1,500 Detroit extraordinary load hauler bond costs a flat rate of $100 for a 1-year term. Since these bonds expire on December 31, your premium may be prorated based on when you purchase the bond.
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Who Needs an Oversize Load Hauler Bond?
The Detroit Consumer Affairs Department requires this bond as part of the permit process for oversize motor carriers in the city.
How Do I Get My Bond?
With SuretyBonds.com, you can buy your City of Detroit oversize or overweight load bond instantly online. Just enter your information and checkout in minutes.
We’ll mail you the bond via your preferred shipping method. Be sure to file the bond with the Consumer Affairs Department as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Detroit Extraordinary Load Hauler Bond Work?
As with all surety bonds, an extraordinary load hauler bond creates a legal contract between three parties:
- Principal: You, the oversize hauler filing the bond
- Obligee: The Detroit Consumer Affairs Department requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of City of Detroit Code of Ordinances Part IV, Chapter 46.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually on December 31. We’ll begin contacting you by phone and email 90 days before the expiration date.
To renew your extraordinary load hauler bond, simply pay your renewal invoice when prompted and submit the updated bond form to the obligee.
