Carriers with loads of Excess Weight or Size operating in the State of Illinois are required under Chapter 95 1/2, Section 15 et. seq. to execute an Illinois Excess Weight Permit Bond to ensure compliance with licensure.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Illinois Excess Weight Permit Bond holds you accountable for your business decisions.
By possessing an Illinois Excess Weight Permit Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.