Illinois equipment interchange bonds.
$100 flat.
When motor carriers interchange equipment under the Illinois Commercial Transportation Law, the Illinois Commerce Commission can require a fixed $10,000 bond. Ours is $100 flat — the price you see is the checkout price, the same for everyone. The bond issues the moment you pay — no credit check.
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How much does an Illinois equipment interchange bond cost?
$100 at the $10,000 amount, the same for every applicant.
Three steps. One sitting.
A fixed-amount transport bond is among the simplest things in surety. Here’s the entire process:
Apply online
Business details and an effective date. That is the application. No credit check.
Pay & e-sign
Fixed $10,000 transport bonds like this are among the thousands of bond types that issue right after purchase.
File with the Commerce Commission
Your executed bond and power of attorney arrive by email, ready to file with the ICC Transportation Division for your equipment interchange authority. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
The Illinois Commerce Commission’s Transportation Division regulates motor carriers of property under the Illinois Commercial Transportation Law (625 ILCS 5, Chapter 18c). When carriers interchange equipment — one carrier using another’s trucks or trailers to complete regulated transportation — the Commission can require a bond.
The bond is conditioned on the carrier faithfully performing the contracts and arrangements it makes for supplying transportation of property subject to the law. It protects the public and counterparties relying on that regulated transportation — it is not insurance for the carrier.
The amount is a fixed $10,000, so there’s no quote process: the premium is $100, the same for every carrier and every year. No credit check, and we track it so your interchange authority never lapses over a missed renewal.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $10,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the Commerce Commission. Your executed bond and power of attorney arrive by email, ready to file with the ICC Transportation Division for your equipment interchange authority. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $100 at the $10,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields. No credit check. The $10,000 amount is fixed by the filing.
Start the application →Common questions.
Other Illinois bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Equipment interchange bond, issued today.
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.