IL equipment interchange bonds.
$300. Five minutes.
When motor carriers interchange equipment under the Illinois Commercial Transportation Law, the Illinois Commerce Commission can require a fixed $10,000 bond. Ours is $300 flat — 3% of the bond amount, the same for everyone. The application is five minutes with no credit check.
Trusted by industry leaders
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’s the application — no financials, no credit check section, no follow-up scavenger hunt.
Pay & e-sign
Fixed $10,000 transport bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
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.
The whole pricing page.
$10,000 bond × 3% = $300, one-time per term. Fixed amount, fixed price, multi-year if you want it.
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: 3% of $10,000 is $300, the same for every carrier and every term. We issue it with no credit check, and track it so your interchange authority never lapses over a missed renewal.
You need this bond if you are
Five minutes. The whole thing.
These are the actual issuing fields — no credit check section, because this bond doesn’t have one. The $10,000 amount is fixed by the filing.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Illinois equipment interchange bond? +
Do I pay the $10,000? +
Who requires it? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
Equipment interchange bond, issued today.
$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.