What is a California Household Goods Carrier Bond?
The California Public Utilities Commission requires surety bonds for moving companies that transport household goods and personal effects by means of a motor vehicle in the state. According to the Public Utilities Commission's guidelines there are 2 types of bond requirements: Protection of Subhaulers and Lessor Employees and Protection of Collect on delivery (C.O.D.) Shipments.
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Household Goods Carrier Bonds And Getting Your California Business License/Registration
According to the Public Utility Commission's Household Goods Carrier Application Packet, and in addition to other insurance requirements, the surety bond requirements are defined as follows.
Protection of Subhauler and Lessor Employees - General Order Series 102 requires the filing of a surety bond with the Commission in the amount of fifteen thousand dollars ($15,000) before any carrier may engage the services of a subhauler or lease equipment from an employee as a lessee. This General Order also contains other regulations pertaining to subhauling and the leasing of equipment from employees.
Protection of Collect on delivery (C.O.D.) Shipments - General Order Series 84 requires the filing of a surety bond with the Commission in the amount of not less than two thousand dollars ($2,000) before any carrier may lawfully handle C.O.D. shipments. This General Order also contains other regulations pertaining to the handling of Collect on Delivery Shipments.
Additional California Household Goods Carrier Bond Resources & Links
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