Fuel Tax Bond

Any wholesale operation that sells fuel is required to file a fuel tax bond, which guarantees that fuel tax, penalties, interest due to the state in which the tax liability accrues. These bonds are required by both State and Federal governments, and function as a  financial guarantee. As such, they are considered higher risk than other types of bonds. Typically rates for fuel tax bonds are higher, but they can vary widely.
Freight haulers are also required to file fuel tax bonds in the various states they travel to assure that these  states will receive their fair share of revenue from the trucker using their highways, regardless of where the fuel was actually purchased.

Application Information

Are you a fuel distributor required to post a surety bond? Surety Support Services, Inc. handles Fuel Tax Bonds for clients in most states. Complete the Commercial Application to get started. Please note: in addition to our commercial bond application, we may need to request the business and personal financial statements of the owner(s) and copy of any statute or ordinance that’s requiring the bond and/or a bond form.