Louisiana Excess Size And Weight | $4,000 Excess Size And Weight Surety Bond
Also known as: excess size and weight bond
Type of Bond
A Louisiana excess size and weight bond is a type of surety bond required for vehicles that exceed the legal size and weight limits set by the state of Louisiana. When transporting oversized or overweight loads, such as heavy machinery or large construction materials, a special permit is required from the Louisiana Department of Transportation and Development (DOTD). As part of the permit application process, the vehicle owner or operator may be required to obtain an excess size and weight bond. The purpose of this bond is to provide financial protection and guarantee that the vehicle owner or operator will comply with all regulations and conditions set forth by the DOTD. It ensures that any potential damages to the state's infrastructure, such as roads and bridges, caused by the excess size or weight of the load will be covered. In the event that there is damage or a violation of the permit conditions, a claim can be made against the bond. If the claim is valid, the surety company issuing the bond may compensate for the damages or penalties up to the bond amount. This helps protect the state and taxpayers from financial liability. Obtaining a Louisiana excess size and weight bond is a requirement for those involved in transporting oversized or overweight loads within the state. It demonstrates the commitment to adhere to the rules and regulations regarding size and weight limits and helps ensure the safe and responsible transportation of such loads.
Program
The price you'll pay for your $4,000 Excess Size And Weight Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!
We provide all types of $4,000 Excess Size And Weight Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.
Application
The application process for a $4,000 Excess Size And Weight Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the Excess Size And Weight Bond Application process.
The Louisiana Excess Size And Weight Bond amount is currently set at $4,000.
Obligee Information
An obligee is the entity that is requiring you to have the Excess Size And Weight bond.
Obligee: Department Of Transportation And Development Of The State Of Louisiana
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!