Speedway right-of-way bonds.
From $100. Enter your amount.
The Town of Speedway requires a right-of-way bond before it lets you cut, bore, or open a town street or sidewalk. It guarantees you restore the right-of-way to town standards. Speedway sets the amount on your permit; the premium is 1% of the bond amount, $100 minimum — enter your figure below for the exact price.
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Apply to filed in one sitting.
No underwriting queue for the standard right-of-way bond — enter your amount, pay, and file with the town. Here is the whole thing:
Apply online
Your business details, the bond amount the town set, and the effective date — that is the entire application.
Issued on the spot
The application collects no credit information, and there is no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
File with the Town of Speedway
Submit the executed bond with your right-of-way or street-opening permit at the Town of Speedway. Wet-ink originals mailed on request.
What it is and who needs it.
What the right-of-way bond actually covers
When you open the public right-of-way in the Town of Speedway — cutting pavement, boring under a street, or trenching a sidewalk — the town requires a right-of-way bond as a condition of the permit. The bond guarantees you backfill, repave, and restore the right-of-way to town standards when the work is done.
It's a three-party arrangement: you (the principal), the surety carrier, and the Town of Speedway (the obligee). If you leave the street or sidewalk unrestored and the town has to fix it, the town can recover its costs against the bond — and if the surety pays, you repay the surety.
The amount is set by the town from the size and location of your work, so it varies job to job — and the premium varies with it. Enter the figure on your permit; the premium is 1% of that amount, $100 minimum. The application collects no credit information — same honest pricing as every bond we write.
You need this bond if you are
One application, issued on the spot.
Submit the application with the bond amount the town set — the executed bond is generated instantly, ready to file with your right-of-way permit.
Start the application →Common questions.
Other Indiana bonds.
Speedway right-of-way bond, issued today.
Premiums from $100. Enter the town amount and file your permit the same day.