New York Oversize Permit Bond Overview
- Purpose: To guarantee repayment for expenses if an oversize load hauler damages public highways or property
- Who Needs It: Anyone applying for a Special Hauling Permit in New York
- Regulating Body: The New York Department of Transportation
- Bond Amount: $10,000–$50,000
- Premium Price: $10 per $1,000 for up to $25,000 coverage; 1% minimum rate for higher coverage
What Is a New York Oversize Permit Bond?
A New York oversize or overweight permit bond protects the county and the public from financial loss if a hauler creates damages. It’s required for Special Hauling Permit applicants if their loads exceed certain weights or dimensions.
The bond provides financial security in case there are damages caused during the trip.
Bond Coverage Requirements for New York Special Hauling Permits
Bond coverage amounts are determined by the height, width, length and weight of hauled loads on New York highways.
Height of Loads
- 16-17 feet: $10,000 bond
- Over 17 feet: $30,000 bond
Width of loads
- Over 16 feet: $10,000 bond
Length of loads
- Over 160 feet: $10,000 bond
Weight of loads
- 200,000-300,000 pounds: $10,000 bond
- 300,000-400,000 pounds: $20,000 bond
- Over 400,000 pounds: $50,000 bond
Contact the Department of Transportation to confirm the exact coverage amount you need.
How Much Do Oversize Permit Bonds Cost in New York?
New York oversize hauling permits cost $10 per $1,000 of coverage up to $25,000, with a $100 minimum. For example, a $20,000 bond costs $200.
If your bond amount is greater than $25,000, you’ll need to apply for a personalized quote. Rates start at 1%. Apply for or buy your bond in minutes now.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a New York Oversize Permit Bond Work?
This bond creates a legally-binding contract between you and two other parties.
| Bond Party | Description |
|---|---|
| 1) Principal | The oversize permit applicant filing the bond |
| 2) Obligee | The New York Department of Transportation |
| 3) Surety | The issuing surety provider |
As the bond principal, you promise the DOT that you will repay any expenses incurred while hauling an oversize load. The surety backs your financial obligation and can pay out claims if needed. However, you must repay the surety.
How Do I Get an Oversized Permit Bond?
SuretyBonds.com provides the fastest and easiest way to get a New York special hauling permit bond. If your bond is under $25,000, enter your information and checkout in minutes.
If your bond is greater than $25,000, 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 email you the bond shortly after purchase. Be sure to file it with the DOT as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
Can I Renew My Bond?
These bonds expire annually. To renew your oversize or overweight hauling permit bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
How to Get a Special Hauling Permit in New York
Oversize and overweight motor carriers can apply for a special hauling permit online through the New York Highway Oversize Overweight Credentialing System (HOOCS). You’ll need to get a surety bond from a licensed provider to submit as part of your application.
Find the Department of Transportation’s detailed instructions on how to apply for a Special Hauling Permit here.
