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Michigan Scrap Tire Collection Site Bond

How much will my scrap tire collector bond cost?

Michigan registered scrap tire collection site performance bond amounts will vary based on the size of the tire collection site. The cost of this specific bond is subject to underwriting and will depend on the applicant’s personal financial record.

Let our experts get you set up with the surety bond you need! Give us a call at 1 (800) 308-4358 or click here to get started.

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Scrap Tire Collection Site Bond (Site smaller than .25 acres) $25,000 Starts at $250 $1,200-2,500 $2,500+ Apply Now
Scrap Tire Collection Site Bond (Site .25-.5 acres) $50,000 Starts at $500 $2,400-5,000 $5,000+ Apply Now
Scrap Tire Collection Site Bond (Site .5-.75 acres) $75,000 Starts at $750 $3,600-7,500 $7,500+ Apply Now
Scrap Tire Collection Site Bond (Site larger than .75 acres) $100,000 Starts at $1,000 $4,800-10,000 $10,000+ Apply Now
Indoor Scrap Tire Collection Site Bond $2 per square foot Starts at 1% 5-8% 10%+ Apply Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

If you’re ready to get bonded, call SuretyBonds.com at 1 (800) 308-4358 or fill out our online bond request form. Our experts will answer all of your questions and get you a free quote for the scrap tire collector bond you need within 1 business day of submitting your application.

Why do I need this bond?

Michigan registered scrap tire collection site performance bonds ensure that scrap tire collectors adhere to the terms set in Part 169, Scrap Tires, of the Natural Resources and Environmental Protection Act, 1994 PA 451, as amended. Under these terms, the scrap tire collector must provide financial assurance for cleanup and/or removal of scrap tires, for other costs of cleanup at the collection site, for costs of fire suppression and for costs associated with responding to a fire or an emergency at a collection site.

Ready to get bonded? Submit a bond request, and one of our surety bond experts will contact you right away to get you the bond you need.

What’s the fine print?

Michigan registered scrap tire collection site performance bonds are continuous until canceled. The state requires 120 days’ notice from the surety prior to cancellation.

Applicants must know their Scrap Tire Collection Site Registration or Waste Data System number. Applicants must also provide the legal description of the Registered Tire Storage area, which is identified on the annual site registration form. The square footage of the scrap tire storage area and the type of business entity must also be known.

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Michigan Department of Environmental Quality, Office of Waste Management and Radiological Protection Surety Bond Form for a Registered Scrap Tire Collection Site Performance Bond

Michigan Department of Environmental Quality Scrap Tire Registration Information and District Program Contacts

Michigan Department of Environmental Quality Office of Waste Management and Radiological Protection Scrap Tire Registration Information Sheet and Contact Information

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