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New Mexico
Scrap Tire Hauler Bond

400,000+ Bonds issued to 250,000+ satisfied customers.

Coverage Amount: $10,000
Term Length: 1 year
Cost: $100
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New Mexico Scrap Tire Hauler Bond Guide

If you’re applying for a scrap tire hauler license in New Mexico, you’ll need a $10,000 surety bond. 

Bond Overview

  • Purpose: To ensure scrap tire haulers operate legally
  • Who Needs It: Scrap tire haulers in New Mexico
  • Regulating Body: The New Mexico Environment Department
  • Required Coverage: $10,000
  • Premium Rate: Typically $100–$500, credit-based 

Learn all about the bond requirements and process in this guide.

What Is a New Mexico Scrap Tire Hauler Bond?

A New Mexico scrap tire hauler bond ensures that haulers transport scrap tires responsibly and follow all state regulations.

How Much Do Scrap Tire Hauler Bonds Cost in New Mexico?

$10,000 New Mexico scrap tire hauler bonds typically cost $100–$500 based on credit score. Exact rates vary based on personal credit score. Apply for your free quote now!

Bond Type
$10,000Scrap Tire Hauler Bond

SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.

Who Needs a Scrap Tire Hauler Bond?

The New Mexico Environment Department requires this bond as part of the licensing process for all scrap tire haulers in the state.

How Do I Get My Bond?

SuretyBonds.com provides the fastest and easiest way to get a New Mexico scrap tire hauler bond. Just follow these quick steps: 

  1. Apply: Submit an online quote request form
  2. Quote: Receive your quote within one day
  3. Sign: Complete the indemnity agreement 
  4. Buy: Purchase the bond online 24/7

We’ll email you the bond shortly after purchase. Be sure to file the bond with the Department as instructed. 

If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.

How Does a New Mexico Scrap Tire Hauler Bond Work?

As with all surety bonds, a scrap tire hauler bond creates a legal contract between three parties: 

  1. Principal: You, the scrap tire hauler filing the bond
  2. Obligee: The New Mexico Environment Department requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding the provisions of Title 20.9.20 Scrap Tire Management.

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. To renew your scrap tire hauler bond, simply pay your renewal invoice when prompted. 

We’ll begin contacting you by phone and email 90 days before the expiration date.

More Resources

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