What Is a Freight Broker Bond (BMC‑84)?
A Freight Broker Bond, also known as a BMC‑84 bond, is a federal surety bond required by the FMCSA for all freight brokers and freight forwarders. It guarantees that brokers operate ethically, pay motor carriers and shippers as agreed, and comply with all federal transportation regulations.
This bond protects carriers and shippers from:
- Non‑payment of freight charges
- Contract violations
- Fraudulent or deceptive practices
- Failure to comply with FMCSA regulations
If you’re applying for or renewing your freight broker authority, you must have an active BMC‑84 bond on file with the FMCSA.
Freight Broker Bond Amount & Cost
The FMCSA requires a $75,000 freight broker bond for all brokers and freight forwarders.
Your annual premium depends on:
- Credit score
- Business financials
- Years in business
- Claims history
Most brokers qualify instantly with competitive rates, and new brokers can often secure affordable pricing even with limited credit history.
Who Needs a Freight Broker Bond?
You need a BMC‑84 bond if you are:
- A freight broker
- A freight forwarder
- Applying for new FMCSA authority
- Renewing your existing authority
- Expanding into brokerage services
Any business arranging transportation of goods for compensation must maintain this bond to stay compliant.
Freight Broker Bond Requirements & Eligibility
The FMCSA requires:
- A $75,000 BMC‑84 bond
- Active USDOT and MC numbers
- Completed FMCSA application
- Credit review
- Annual renewal
Your bond must remain active at all times to avoid suspension of your broker authority.
How the Freight Broker Bond Process Works
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Secure the lowest rates
We match you with the best rate available from A‑rated sureties.
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Receive your bond
File your BMC‑84 or BMC-85 bond directly with the FMCSA for immediate compliance.
Why Brokers Choose Us
- Lowest rates from A‑rated sureties
- Fast approvals
- Digital filing directly with FMCSA
- Freight broker bond specialists
- 100% compliance guaranteed
Top Freight Broker Bond Questions Answered
Our most common questions answered efficiently.
Premiums vary based on credit and financials, but many brokers qualify for low annual rates.
Many bonds are approved and filed the same day.
It guarantees payment to carriers and compliance with FMCSA regulations.
Surety bonds are generally non‑refundable once issued.
Yes — your authority will not activate until the bond is filed.
