Ohio Brine Transporter Bond

Ohio Brine Transporter Bond

The $15,000 Ohio Brine Transportation System Bond is required for companies certified in the transportation of brine. The Ohio Department of Natural Resources, Division of Oil and Gas Resources regulates this certification.

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The bond is required by the State of Ohio to protect against damages caused by the brine transporter violating the Ohio Revised Code 1509. If the brine transporter fails to make recompense for financial damages caused, then Jet Insurance Company will make payment to the State of Ohio, up to the $15,000 bonding limit. The State of Ohio uses the bond as a tool to protect public health and safety, protect the environment and conserve natural resources. The bond, at the least, gives Ohio a chance to recoup the cost of damages from a negligent brine transporter.

How Does Jet Determine the Price for the Ohio Brine Transport Bond?

Our bond rates for the Brine Transportation Bond are based on several factors, including personal credit and financial statements of the ownership and business financials. If you provide proof of experience, business plans and disposal plans we can consider offering lowered premium rates. Below are the best rates we can offer after approval:

Bond TermCost
Monthly$15
1 Year$150
2 Years$263
3 Years$375
Ohio Brine Transporter Bond Cost

Jet can offer a monthly payment plan which no other company can match. For those with higher premiums, this can be a great option to save on the cost of the bond up front.

What Is the Brine Transportation Bond Process With Jet?

You can submit your application online by clicking the link above or give us a call at 855-296-2663 to start the process. Jet needs to get some basic information and then, an underwriter will contact you with next steps. We may need financial statements and business details in order to offer a bond at the best available rate. 

Jet will email a link to purchase the bond online. After you select the bond term and payment is made, you will receive a copy of the bond.  

The original bond form must be sent to the Division of Oil and Gas Resources and Jet can handle that for you. If you prefer to submit the bond form directly to the division (let’s say with an application for certification), just request that the bond is sent to you before checkout and we will oblige. The address for the Division is:

State of Ohio Department of Natural Resources
Division of Oil and Gas Resources Management
2045 Morse Rd F-2
Columbus, OH 43229

The bond must remain in force so long as you are hauling brine. On our monthly plan, you can just pay as you go; as long as automatic payments keep coming through, your bond stays active. If for some reason the payment does not go through, we will notify you right away to prevent any lapse in coverage.

For those on annual bond terms, Jet sends a renewal notice prior to the bond’s expiration date. All you need to do is pay the renewal premium.

There is a 30-day cancellation period on the bond. Meaning, once Jet notifies the Division of Oil and Gas Resources Department that the bond is cancelled, the bond stays active for 30 additional days. To cancel your surety bond with Jet, just email [email protected]. We will stop the monthly payments or return a prorated refund after the 30-day cancellation period has ended.

How Does a Brine Transporter Stay Out of Trouble With the State of Ohio?

Anytime a shovel hits the earth, you can bet there is a bevy of city, county, state or national laws surrounding it. Hauling brine, which is a result of digging activities, is no exception. The Ohio Revised Code 1509.222 details the regulation of transporters and 1509.22 details storage and disposal of brine. 

To sum it up, when brine is encountered in an excavation or drilling operation, it must be properly contained, shipped and disposed of. In regards to disciplinary action surrounding the surety bond requirement, you should take notice of the following questions as they relate to your brine transportation operation:

The $300,000 general liability (also required for certification) is required to guarantee third-party coverage when a lawsuit is filed against the Brine Transporter for accidental damages caused. However, the bond is for negligent and fraudulent behaviors since those are generally excluded from liability policies. The surety bond is not like insurance and is not immediately used when a violation occurs. The brine transporter has a chance to make things right, and if they fail to make amends, Jet will make payment for damages caused up to the $15,000 limit.

The difference between insurance and a surety bond goes further. If the surety company makes payment, the brine transporter is obligated to pay the surety company (Jet) back. The responsibility of the transgression’s damage remains with the transgressor and they need to make restitution in the end if they are to receive bonding again.

Ohio Brine Transporter Bond Form

Notary Bond Application:

X

Business Information:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Employee Dishonesty Bond Application:

Business Information:

Business Description:

Coverage Requirements:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Contract Bond Application:

X

Business Information:

Owner Information:

Job Details:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Worker's Compensation Application:

X

Business Information:

Business Description:

Coverage Requirements

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information: