how do you get bonded for a trucking company?

Answer 1

It is a common misconception that bonds are a form of insurance. In fact they are a guarantee in the form of credit. A surety bond is a three party agreement between the obligee (whoever is requiring the bond, typically a state, local, or federal government), surety (the carrier backing the bond), and the principal (the entity or individual required to obtain the bond).

All that being said you should start with your insurance company to see if they offer the service. There are a number of surety bond companies that located throughout the US. I would suggest looking in your local phone book or www.bigyellow.com for surety bond services (or check the link below).

Many times the company that hires you will pay for the bonding fee. The fee is based on a background check and total bonding amount (i.e the higher the bond amount the higher the surety fee).

Hope this helps!

Answer 2

Bonded Trucker