Who Needs an Indiana Excess Weight Bond?

If you're hauling loads that exceed Indiana’s legal weight limits, you may be required to obtain this bond as a condition of receiving an overweight permit. This bond is commonly required for:

• Trucking companies transporting oversized loads

• Construction firms moving heavy machinery

• Freight haulers with overweight shipments

• Agricultural businesses transporting large equipment

• Logistics providers managing heavy cargo

Without this bond, the state may not issue an overweight permit, which could delay operations and result in costly fines.

How Does the Indiana Excess Weight Bond Work?

This bond acts as a financial guarantee that the bonded party will comply with Indiana’s overweight vehicle regulations. Here’s how it works:

1. You apply for the bond as part of your overweight permit process.

2. The bond provides financial protection to the state in case of violations, such as unpaid fines or damages caused by excess weight.

3. If a claim is filed, the bond company may cover the cost up to the bond’s limit, but you are ultimately responsible for repaying any amounts paid out.

Cost of an Indiana Excess Weight Bond

The cost of this bond depends on several factors, including:

• The required bond amount (up to $15,000)

• Your business’s financial standing and credit history

• The bonding company’s underwriting requirements

In general, well-qualified applicants can expect to pay a small percentage of the total bond amount, often ranging from 1% to 5% of the bond value. If your credit history is less than perfect, you may still be able to obtain a bond, though at a higher rate.

How to Obtain an Indiana Excess Weight Bond

The process for securing this bond is straightforward:

1. Determine your bond amount – Check with the Indiana Department of Revenue to confirm the required bond value.

2. Request a quote – Provide basic business and financial details to receive pricing information.

3. Submit your application – Complete the required paperwork and provide any necessary supporting documentation.

4. Receive your bond – Once approved, you’ll receive the bond to submit with your overweight permit application.