What is a California Waste Tire Hauler Bond?
The California Department of Motor Vehicles (DMV) requires all vehicle verifiers in the state to be licensed and bonded with a $5,000 California vehicle verifier bond.
In California, any company or individual who wishes to operate a waste tire hauling business has a valid waste tire hauler registration. To receive this registration, applicants must post a $10,000 bond.
Who Needs a California Waste Tire Hauler Bond?
The California Integrated Waste Management Board requires all used or waste tire haulers to submit an application for registration to the California Department of Resources Recycling and Recovery, as well as posting a $10,000 California waste tire hauler bond.
Why Do I Need a California Waste Tire Hauler Bond?
Waste tire hauler surety bonds are designed to ensure that tire haulers adhere to local and state laws. Among other provisions, waste tire haulers are prohibited from transporting used tires to unauthorized facilities, advertising a non-registered business, and using an unauthorized vehicle to transport the used tires.
If the principal violates these laws or the terms of the surety agreement, any harmed parties can make a claim against the waste tire hauler bond. Once finalized, the principal is responsible for reimbursing the surety for any damages paid or associated legal costs.
How Much Does a California Waste Tire Hauler Bond Cost?
The California Integrated Waste Management Board requires a $10,000 surety bond for the registration of waste tire hauler businesses. These bonds are subject to underwriting, and the cost will vary based upon the credit rating of the principal.
Get Started Today!
To operate as a used tire hauler, you must first purchase a California waste tire hauler bond. Don’t delay your application.