Bonds Express offers an Illinois Highway Permit Individual Bond with a 99% approval rate.
If you are contracted to do any form of highway work, you will be required to posses an Individual Highway Permit from the DOT of the county in which you are working. This particular permit can be issued once an application and an Illinois Highway Permit Individual Bond is obtained. The rate of this bond varies depending upon the type of work to be performed.
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 Highway Permit Individual Bond holds you accountable for your business decisions.
By possessing an Illinois Highway Permit Individual Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.