Michigan Scrap Tire Hauler Bond |
AmeriPro Surety Bonds | 844-589-9732
Scrap Tire Haulers – Michigan
Scrap tire haulers are regulated by Michigan’s Department of Environmental Quality Waste Management and Radiological Protection Division.
As one of the conditions for licensing, scrap tire haulers are required to furnish the department with evidence of a $10,000 surety bond.
AmeriPro Surety Bonds offers this bond for your compliance as both a new and renewal surety bond.
Michigan Scrap Tire Hauler Bond: The Price and the Bond’s Duration
The vast majority of applicants will pay around 1-3% of the bond’s face amount. The amount that you will pay ultimately, however, will be determined by an application and a credit check.
The Michigan scrap tire hauler bond is very easy to qualify for and the process of getting bond should not take long at all.
Once issued, the bond is active for one year from the date of issuance and evidence of a surety bond must remain on file as a condition for continued licensing.
Michigan Scrap Tire Hauler Bond: The Purpose
The purpose of your scrap tire hauler bond is this: It is a financial guarantee which protects the state of Michigan, particularly the MDEQ Director.
The bond specifically protects against the failure of a licensed scrap tire hauler to comply with Part 169 of the Natural Resources and Environmental Protection Act.
The bond also protects against the failure of a licensed tire hauler to remove tires due to either the tire hauler going out of business or the tire hauler having some emergency which prevents the completion of tire hauling.
As such, while the tire hauler bond is required of your business, its benefit is for the MDEQ Director.
Should any claims be paid against your surety bond, it will be your legal liability to reimburse the surety for all costs and fees involved in the payment of that claim.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, contractor, court, and fiduciary surety bonds throughout all of Michigan.
We also provide surety bonds nationwide. Please call our agency today at:
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