Freight Broker Bond (BMC-84)
Commercial surety bond — what it is, what it costs, and how to get one.
Get notified when we openWhat is a freight broker bond?
A freight broker bond, filed on form BMC-84, is the $75,000 surety bond the Federal Motor Carrier Safety Administration (FMCSA) requires before granting freight broker or forwarder authority. It guarantees you'll meet your financial obligations to the motor carriers and shippers you work with.
Who needs a freight broker bond?
Freight brokers and freight forwarders seeking or renewing FMCSA operating authority.
How much does a freight broker bond cost?
A percentage of the $75,000 amount, based on personal credit and business financials — strong applicants pay the lowest rates.
How to get a freight broker bond
Apply with your credit and business details, accept your quote, pay the premium, and we file your BMC-84 with the FMCSA.
Frequently asked questions
A BMC-84 is a surety bond; a BMC-85 is a trust fund where you tie up the full $75,000 in cash.
The required bond amount is $75,000; you pay only a percentage of that as your premium.
Related bonds
Ready for your freight broker bond?
We're not issuing bonds yet. Leave your details and we'll reach out as soon as Sunset National Insurance Company is licensed.
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