Pennsylvania Turnpike Toll Bond

A Pennsylvania Turnpike Toll Bond is required by the Pennsylvania Turnpike Commission (PTC) for any business or individual that expects to have an annual turnpike usage of at least $5,000. The bond is a type of surety bond that guarantees that the PTC will receive payment for tolls even if the account holder fails to pay their invoices. If the surety company pays a claim on the bond, it will seek restitution from the bond principal (bond applicant).

The PTC uses the toll bond as an extension of credit for the use of the Pennsylvania Turnpike System. The bond ensures that the account holders pay the full amount within thirty days of the invoice’s postmarked date. The cost of the bond is usually between 1% and 3% of the bond amount, subject to a minimum premium and fees of $150 to$250. Surety1 will shop its many markets to procure the right price at the right terms.

How to Get a Pennsylvania Turnpike Toll Bond

At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:

1. Complete the easy to navigate and secure online application. ¹
2. Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day. ²
3. Sign some paperwork and pay the bond premium

Once these steps have been completed, the Pennsylvania Turnpike Toll Bond will be shipped to the bond applicant.
^{1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.
2- Subject to underwriter approval, based on aggregate surety bond exposure, additional underwriting information may be required}

Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.

How to register as a business using more than $5,000 in annual Pennsylvania Turnpike tolls

To register as a business using more than $5,000 in annual Pennsylvania Turnpike tolls, you must follow these steps:

1. Obtain a Pennsylvania Turnpike Toll Bond:  The bond amount is typically equal to the expected annual toll usage.

2. Complete the Pennsylvania Turnpike Commercial Account Application: You can obtain the application from the Pennsylvania Turnpike Commission (PTC) website or by calling their customer service line. The application will require you to provide information about your business, including your business name, address, and tax identification number. You will also need to provide information about your expected annual toll usage.

3. Submit the completed application and bond to the PTC: You can mail the completed application and bond to the PTC or submit them electronically through the PTC website.

4. Sign the PTC Toll Agreement: Once your application and bond have been processed, you will be required to sign the PTC Toll Agreement. This agreement outlines the terms and conditions of your commercial account, including your payment obligations and toll discounts.

5. Start using E-ZPass: Once your commercial account has been activated, you can start using E-ZPass to pay your tolls. You can purchase E-ZPass transponders online or at participating retailers.

Here are some additional details about registering as a business using more than $5,000 in annual Pennsylvania Turnpike tolls:

• You can apply for a commercial account online, by mail, or by fax.
• The PTC will process your application within 10 business days.
• You will be required to maintain a minimum account balance of $500.
• You will be eligible for discounts on your tolls based on your annual toll usage.

If you have any questions about registering as a business using more than $5,000 in annual Pennsylvania Turnpike tolls, you can contact the PTC customer service line at 1-800-773-8876.

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