Freight Broker Bond

Required by the Federal Motor Carrier Safety Administration, a Freight Broker Bond serves as a guarantee that you’ll keep your contractual agreements with shippers and carriers.

The Federal Motor Carrier Safety Administration (FMCSA) requires all freight brokers to have a Freight Broker Bond of $75,000.

The bond must be filed with the FMCSA as a pre-requisite toward receiving a license for business as a Motor Carrier Operating Authority (aka MC Authority).

Sometimes Freight Broker Bonds are referred to as BMC-84 Surety Bonds, Trucking Surety Bonds or Transportation Broker Surety Bonds.

The Fastest Way To Get Bonded

As a direct, national provider, Colonial makes it quick and easy to obtain Freight Broker Bonds. Other companies promise you a quote in minutes—we promise your bond. You’ll save money too—because there’s no one in the middle—just you and Colonial.

What Are The Steps to Obtaining a Freight Broker Bond?

At Colonial, in just a few clicks you’ll:

 

  • Get your quote online.
  • Input your information.
  • Enter your payment method.
  • Print or e-file your bond, instantly, from anywhere.

  • The federal government mandates all freight brokers to have a Freight Broker bond. The Federal Motor Carrier Safety Administration (FMCSA) requires the bond to be filed before licensing freight brokers for business.

  • At Colonial, Freight Broker Bonds are reasonably priced, with no hidden fees, since we are a direct provider. You may notice that with agents and middlemen companies, your premium rate will fluctuate and include hidden costs. Colonial offers our lowest possible rate, direct to you. The premium is a percentage of the amount of the bond.

  • Yes, it is important to purchase your bond from a reliable, financially secure and well-rated company. In business since 1930, Colonial Surety Company is an A (Excellent) rated insurance company by A.M. Best. We are Treasury listed, licensed, and admitted for business in all U.S. states and territories. Customers count on us too: our Trustpilot score is 4.8.

Helpful Resources

Freight Broker License Requirements
License & Permit Bonds
$17 Billion: Port Infrastructure
Contract Surety
Owning a Lost Life Insurance Policy
Surety Bonds

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