Arizona PrePass Surety Bond | AmeriPro Surety Bonds | 844-589-9732
PrePass Surety Bond
Prepass is an electronic system, used by an increasing number of states, including Arizona, which permits qualified trucks, or “motor carriers”, with the use of a transponder, to bypass weight stations while still ensuring that the truck meets all safety, weight, and other requisites.
Doing so allows for increased efficiency for motor carriers in the way of saving in time and money.
In addition, Prepass also permits truck drivers and motor carriers to pay tolls electronically, not unlike what is available for passenger vehicles.
You can read more here about Prepass.
Qualifying and the Premium
Up to $10,000, our agency will issue you the prepass surety bond for 2% of the amount required, minimum of $100, and with no credit inquiry. Amounts greater than $10,000 will also qualify at the 2% rate, based upon your satisfactory credit.
Once the bond has been issued and paid for, our agency can send a copy of the bond to you by email. The original surety bond, which you will sign as Principal, and which will bear our signature as Surety, will be sent to you by the following business day.
Overnight delivery of the bond is available for an additional fee.
Calculation of the Bond Amount Required
While you will want to first check with PrePass to confirm before purchasing any PrePass Surety Bond, the bond formula is determined as follows:
$125.00 X The number of Transponders
(100 transponders would require a surety bond of $12,500)
Applicants who are required to purchase a surety bond because they meet the $10,000 threshold amount but who do not have multiple vehicles, will be required to post a surety bond in an amount determined by PrePass.
What is the Gadget for Prepass?
Applicants who signup and receive Prepass are given a transponder which is placed inside the cabin of the motor carrier.
In a nutshell, how does the Prepass transponder work?
Normally, as a truck driver approaches a weight station, they are required to move to the right hand lane, and if the station is open, enter the weight station.
With the Prepass transponder, about a mile before the motor carrier reaches a signal is transmitted from the transponder and an AVI (Advanced Vehicle Identifier).
If the truck is given a clearance, a green light is emitted from the transponder, and the motor carrier can continue without stopping at the weight station.If the truck is not given a clearance – or if the truck is being stopped for a random check — a red light is emitted and the driver will stop at the weight station.
Conveniently, a truck’s signal will continue to flash for 15 minutes after passing the weight station. This will alert both the driver and any law enforcement officer, should the driver be pulled over, of the truck’s status.
Heavy Vehicle Electronic License Plate, Inc., HELP, may, at their judgement and discretion, assist those who are required to purchase a PrePass surety bond but for whatever reason are unable to bear the surety bond cost.
HELP can be reached at: 602.601.4779 and firstname.lastname@example.org
AmeriPro Surety Bonds is a surety bond-only agency which provides contractor, court, fiduciary, and license and permit bond nationwide.
We would like to help you purchase your PrePass today—in Arizona or whichever your needs require.
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