1 (844) 589-9732 info@ameriprosuretybonds.com

Texas Ready-Mix Surety Bond

The Texas Department of Transportation requires a Texas ready-mix surety bond of concrete trucks. The bond amount has a maximum amount of $15,000. The purchase of this bond is quick and easy. Call AmeriPro Surety Bonds at 844-589-9732.

Texas Ready-Mix Surety Bond | AmeriPro Surety Bonds | 844-589-9732

 

 

 

Texas Transporters of Concrete

 

 

 

The Texas Department of Public Safety is the regulatory bond which oversees transporters of concrete in Texas.

According to Section 623.0171 of the Texas Transportation Code, concrete transporters are required to have and maintain a permit.

And, according to the Section 622.015 of the same code, Texas transporters may also be required to maintain a surety bond.

 

 

 

Texas Ready-Mix Surety Bond: Amount and Purpose

 

 

 

The Texas ready-mix surety bond is a maximum $15,000 surety bond required of trucks who transport concrete within certain municipalities, cities, or towns in Texas.

The bond has a single purpose: It protects the localities from any damages caused on the highways by a truck which transports concrete and weighs more than 34,000 pounds.

Of note the Texas ready-mix surety bond protects others.

This surety bond is does not, therefore, protect the ready-mix driver, the company, or employees in any way.

Rather, the bond is a financial guarantee that damages — up to the bond’s face amount — will be covered in the even of an accident on Texas highways where the bond is required.

Unlike an insurance policy, any claims paid on a surety bond must always be reimbursed in full by the owner (also known as the principal) of the surety bond.

 

 

 

Texas Ready-Mix Surety Bond: Duration

 

 

 

Once issued, this surety bond is valid for one year and must be renewed annually to remain in compliance with the statutes.

 

 

 

Texas Ready-Mix Surety Bond: The Premium or Price for this Bond

 

 

 

This surety bond is a relatively low-priced bond.

The premium paid for the issuance of this bond will be determined by an applicant’s credit score.

Applicants should expect to pay between 1-3% for this bond.

Those with lower credit scores may pay substantially more; however, AmeriPro Surety Bonds will obtain the best surety bond pricing regardless of your credit standing.

 

 

 

About AmeriPro Surety Bonds

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency which provides contractor, license and permit, and fiduciary bonds throughout the great state of Texas and nationwide.

Call our agency today for your bond. The process is both easy and quick.

844-589-9732

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AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

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