The freight brokerage world runs on relationships, cash flow, and trust. The BMC-84 bond (also called a freight broker bond or freight broker surety bond) is the regulatory instrument that turns that trust into enforceable protection for carriers and shippers and unlocks FMCSA authority. Whether you’re launching a new brokerage, renewing authority, or wondering how to get a freight broker bond, understanding the 75k freight broker bond changes compliance from a checkbox into a competitive advantage.
What the BMC-84 bond is and what it does
Definition: The BMC-84 bond is a surety instrument that guarantees a broker will perform contractual and payment obligations to carriers and shippers.
Obligees and principals: The bond protects motor carriers and shippers by providing a recovery path when a broker fails to pay or fulfill agreed terms under FMCSA rules for a FMCSA freight broker bond.
Face amount: The standard 75k freight broker bond face amount ($75,000) is required for most broker and freight forwarder authorities.
What the freight broker bond covers and filing against a freight broker bond
Covered losses: Monetary loss resulting from a broker’s failure to pay carriers, misapplication of funds, or other covered violations of freight broker obligations under the freight broker bond requirements.
Claims process: Filing against a freight broker surety bond occurs when an injured carrier or shipper submits a claim; the surety investigates and may pay validated claims up to the bond limit.
Reimbursement: Payment by the surety does not forgive the broker; the principal remains liable to reimburse the surety under the indemnity agreement.
How to get a freight broker bond and the freight broker bond application process
Start with a freight broker bond application through a licensed surety or an experienced broker who specializes in FMCSA filings.
Provide business information, ownership details, and credit or financial documentation as requested by underwriters for freight broker bond companies to review.
Pay the premium based on credit profile and bond size; sign the indemnity agreement; the surety issues the BMC-84 bond and you file it with the FMCSA to activate authority.
Many freight broker bond companies offer streamlined online how to get a freight broker bond workflows and online freight broker bond applications to speed approval.
Freight broker bond cost, pricing factors, and common questions
Freight broker bond cost: Premiums are set as a percentage of the $75,000 75k freight broker bond face amount and depend on credit, experience, and underwriting assessment.
Typical pricing: Strong credit often yields the lowest freight broker bond cost; new or marginal credits may face higher rates or collateral requirements.
Search queries: Common searches such as “freight broker bond cost,” “how much is a 75k freight broker bond,” and “how to get a freight broker bond” reflect both regulatory and commercial buying intent.
Practical tips to manage exposure and strengthen underwriting
Keep carrier payments timely and transparent to avoid claims against your freight broker bond.
Maintain clean accounting, escrow practices, and reconciliation when holding freight payments to demonstrate controls to freight broker bond companies and sureties.
Work with reputable freight broker surety bond providers and brokers who understand FMCSA freight broker bond wording and proper filing.
Treat the bond as a sales and trust tool: a properly bonded brokerage signals credibility to carriers, shippers, and banking partners.
Final takeaway
The BMC-84 bond, freight broker bond, or freight broker surety bond is more than a regulatory requirement — it’s a market signal that your brokerage stands behind its commitments. Understand freight broker bond cost, complete the freight broker bond application correctly, choose experienced freight broker bond companies, and file your FMCSA freight broker bond properly to turn compliance into commercial credibility.