Freight Broker Bond



Freight Broker Bond
A Freight Broker (BMC-84) Bond is necessary for those operating
as a transportation broker in the United States. The bond is
required by the Federal Motor Carrier Safety Commission and
must be obtained before receiving a license. This bond is a
contract that protects motor carriers and shippers and ensures you
follow all FMCSA regulations.
How much will my bond cost?
As the bond amount of the Freight Broker Bond can vary, so will
the actual cost of the bond. You will pay anywhere from 1 to 3%
of the actual bond amount. At Bonding Solutions we have worked
hard over the past 25 years to ensure our clients are receiving the
best rates in the industry. Call us today to see what
We can do for you.
Why is this bond required?
A Freight Broker Bond is required by the FMCSA to ensure that
all licensed freight brokers live up to certain standards and to
prevent any kind of fraud or failures to pay in a timely manner.
In order to operate legally as a transportation broker, a freight
broker bond is required by the FMCSA (Federal Motor Carrier
Safety Administration). Also known as a Property Brokers Surety
Bond, BMC-84, or a ICC Bond.

Similar documents