BMC-84 Freight Forwarder Broker ($75,000) — required surety bond in Federal. Apply online in minutes.
The BMC-84 Freight Broker Bond is a federal surety bond required for licensed freight brokers and freight forwarders operating in the United States. It serves as a financial guarantee that the broker will uphold their contracts and properly pay motor carriers and shippers for their services.
Freight brokers and freight forwarders who arrange the transportation of property by motor carrier typically need to secure this bond. It is a fundamental requirement to obtain and maintain active operating authority through the Federal Motor Carrier Safety Administration (FMCSA).
The FMCSA generally requires this bond to protect motor carriers and shippers from fraud, unpaid freight charges, or unlawful business practices. If a broker fails to remit payment according to their agreements, the bond provides a mechanism for harmed parties to file a claim and recover their funds.
Getting your bond is simple when you click the Apply Now button. Fill out our secure online application in about five minutes to receive a personalized quote. Once your payment is processed, Noah Insurance Agency will deliver your bond directly to you by email.
Premiums vary based on factors like your personal credit history, financial standing, and business experience. To get an exact figure, please apply online through Noah Insurance Agency.
Required bond amounts vary depending on current federal regulations. We recommend verifying the exact bond amount required for your specific operations directly with the FMCSA before applying.
Approval times vary depending on your specific applicant profile and individual underwriting requirements. Submit our secure online application to receive a prompt response and exact timeline.
Filing requirements vary, but typically the issuing surety company will electronically file the bond directly with the FMCSA on your behalf. If you have questions about your specific filing process, contact Noah Insurance Agency at 814-718-0060.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
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