Transportation Broker Bond
Required for FMCSA freight broker authority. $75,000 minimum bond with credit-based pricing starting at $938 annually.
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What is a Transportation Broker Bond?
Transportation broker bonds are required by the Federal Motor Carrier Safety Administration (FMCSA) for freight brokers and transportation intermediaries. This $75,000 bond protects shippers and motor carriers from broker fraud, negligence, or failure to pay for transportation services.
Also known as BMC-84 bonds, these are mandatory for obtaining and maintaining FMCSA broker authority. The bond must be maintained continuously during broker operations.
FMCSA Bond Requirements
Credit-Based Pricing
Excellent Credit (750+)
$938 - $2,250Best rates with minimal documentation
Good Credit (650-749)
$2,250 - $7,500Standard underwriting process
Fair Credit (550-649)
$7,500 - $22,500Additional financial documentation
Challenged Credit (<550)
$22,500 - $112,500Specialized programs available
Rate Factors
- •Personal credit score (primary factor)
- •Business financial strength
- •Transportation industry experience
- •Geographic operating area
How to Get Your Broker Bond
Submit Application
Provide business details and credit authorization
Credit Review
Quick underwriting based on credit and financials
Receive Bond
Bond issued in 24-48 hours for qualified applicants
File with FMCSA
Submit bond for broker authority approval
Frequently Asked Questions
What is a transportation broker bond?
How much does a transportation broker bond cost?
Is this the same as a BMC-84 bond?
How long does transportation broker bond approval take?
Can I get a transportation broker bond with bad credit?
Do I need anything else besides the transportation broker bond?
Why Choose Us?
- A+ rated surety carriers
- 24-48 hour approval process
- Transportation industry expertise
- All credit levels accepted
Transportation Broker Resources
Learn more about FMCSA requirements and freight broker regulations
Ready to Get Your Broker Bond?
Fast approval for FMCSA freight broker authority. Rates starting at $938 annually.