A Special Hauling Permit Bond or Movement of Excess Load Bond may be required by the City of Medina Engineering Department for trucks and equipment that are deemed oversized or overweight. A Special Hauling Permit is required for these excess load operations that utilize the city’s streets, bridges, and/or culverts.
Jet Insurance Company provides this surety bond as a financial guarantee to the City of Medina for damages caused and not remedied by the permit holder.
The Medina Engineering Department will determine a bond limit they deem appropriate to cover the risk of the permitted activity. Jet’s bond rate is just a fraction of the bond limit. Jet does base the rate on the personal credit of the applicant. Below are various bond limits and our preferred tier rates:
For those who need an annual permit for continual operations, a monthly payment option is available. Otherwise, Jet will deliver a low one-time rate for the permit holder.
The application and purchase of your bond takes just minutes online. Click the button above to start. We will need some basic information to complete the bond form and the applicant’s social security number for a soft credit check. Don’t fret, it will not affect your credit score and takes just a few seconds.
We also need to know what type of permit you are applying for. There are four types with the City of Medina and all can found listed below:
If the City of Medina requires a bond limit over $50,000, then a Jet underwriter will reach out after the initial online application. We may need additional information from you to determine the bond premium rate.
Purchasing the bond is done online and once complete you will receive a copy of the bond and receipt. We can ship the original bond to you or directly to the City Engineer, just let us know at checkout which you prefer. The original bond form must be delivered to the following address:
Medina Engineer's Department
132 North Elmwood St
Medina, OH 44256
Most permit bonds will not need to be renewed and cannot be cancelled as they are for a specific job or shortened time period. If for some reason the trip does not occur and the bond was filed to the City Engineer, Jet can cancel the bond and refund any premium available after we receive a release of liability from the Engineer.
The annual overwidth permit bond can be renewed each year. Jet will send you a renewal notice prior to the bond’s expiration date. You just need to make payment and the bond will be active for another year. Jet does offer a monthly option upon request for annual permit holders.
To request cancellation for the bond just email [email protected]. Jet notifies the Medina Engineer of the cancellation request and has to wait 15 days before the bond can be cancelled due to a cancellation clause on the bond form. We will return any unearned premium for annual paid customers once cancelled.
The City of Medina Engineering Department will set the terms of the permit and enforce the regulations found in the Medina’s City Code. The key to avoid civil and bond claim headaches is to pay for any damages caused to Medina in conjunction with the Special Hauling Permit.
Liability policies, that most freight companies carry, will cover accidental damages to third party property and thus satiate Medina’s need to recoup for damages. Fraudulent and negligent behaviors may be excluded from the liability policy and a civil case can be brought against the permit holder if they refuse to pay for damages.
Should a judge rule in favor of the City, and a permit holder still refuse to own up to their actions, the bond may be tapped to pay for the damages. If valid, Jet will make payment to account for the damages caused up to the limit set on the bond at the outset of it’s issuance.
The permit holder does not escape their liability however. The bond is a form of credit used by the City to guarantee payment when the permit holder refuses or cannot make restitution. The bond payout does not absolve the responsibility of the permit holder’s actions and Jet (or any surety company for that matter) will require the permit holder to reimburse them for the damages paid out.
If you wander onto any of Ohio’s roadways, then you will need the Excess Load Permit Bond for the State. Medina’s Special Hauling Permit ends right where Ohio picks up.