Maryland Credit Hauling Bond
AmeriPro Surety Bonds | 844-589-9732
Surety Bond of Waste Haulers; Purpose
Maryland waste haulers are able and required to furnish a surety bond to the state’s Highway Administration department.
The surety bond is a financial guarantee that in exchange for the state of Maryland extending permit credit (for payment) to waste haulers for over sized and overweight loads, amounts owed as a result of the credit will be paid within 30 days of the last day of the month from which the charges are incurred.
The state will determine the amount of surety bond required of you based on its own calculations.
Qualifying and the Premium
Our agency provides the Maryland credit hauling bond in the amount that the Maryland Highway Administration requires of you.
Up to a $50,000 surety bond requirement, we also provide this bond to you without a credit check inquiry. What this means for you is that in such cases this bond is issued to you immediately after payment of the premium.
The application consists largely just of providing us with your contact information, along with the name as it should appear on your bond.
Amounts greater than $50,000, if applicable, will require a signed surety bond application, review by an underwriter, and a credit check inquiry. Approval is offered on the basis of a determination of good credit.
Upon approval of your surety bond and payment of the premium, our agency issues your bond to you immediately. Included with your surety bond will be a Power of Attorney form.
You’ll sign and file all surety bond related documents to:
State of Maryland Highway Administration
7491 Connelley Drive
Hanover, Maryland 21076
AmeriPro Surety Bonds provides license and permit, Court, probate, and other surety bonds in Maryland and all 50 states.
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