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Freight Broker Bond

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  • Freight Broker Bond

Freight Broker Bond/BMC 84 Bond/ICC Broker Bond

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What is a Freight Broker Bond?

Freight brokers and freight forwarders alike must purchase an annual $75,000 surety bond as required by the Federal Motor Carrier Safety Administration (FMCSA) before they can receive their freight broker license.
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What is the cost of a Freight Broker Bond?

Freight broker bonds cost a percentage of the $75,000 bond amount. This percentage is determined by applicant’s Fico score and business experience. Bond rates also vary by the state where they’re issued. Freight brokers who want to renew their surety bond may qualify for lower rates after a year or two without any claims.
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What if I have bad credit?

JM Surety is proud to offer competitive rates to applicants whose credit profile doesn’t qualify for the preferred rate.
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When will I receive my bond?

Once you’ve ordered the bond, JM Surety files the bond directly with the FMCSA.
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Why should I choose JM Surety?

JM Surety strives to consistently offer the lowest rates available. We don’t charge broker fees and customer satisfaction is a major priority.

Testimonials

I received multiple quotes, JM surety was the lowest so I had my dealer bond issued by them. It took about 3 hours since I applied online until I received the ...
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Mark P
I received multiple quotes, JM surety was the lowest so I had my dealer bond issued by them. It took about 3 hours since I applied online until I received the surety bond in my email. Very responsive and great custom are service. I will definitely used them again should I need it.
Mark P
Mark P
I was needing an auto dealer bond, my auto insurance agent recommended JM Surety. I sent an application online and received a quote in 1 hour. JM Surety quote came at $250 ...
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Sumit ira Patel
I was needing an auto dealer bond, my auto insurance agent recommended JM Surety. I sent an application online and received a quote in 1 hour. JM Surety quote came at $250 when other companies quote was over $600. Needless to say I accepted JM Surety quote and received my surety bond in the email 20 minutes after paying. What else I can say, fastest service ever received. Their online process is top notch. Highly recommended.
Sumit ira Patel
Sumit ira Patel
I can’t tell you how easy it was to purchase my dealer bond through this company.Was a little hesitant at first, never have purchased such an important document ...
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A CH
I can’t tell you how easy it was to purchase my dealer bond through this company.Was a little hesitant at first, never have purchased such an important document via online.Excellent service and response to my immediate need was very professional.Thank you Ms Jill!
A CH
A CH
Needed a Construction Bond for the City, Jill came Through Very Quickly for us BCS Extremely Happy with her Service. Great Work!
Mike Cantu
Needed a Construction Bond for the City, Jill came Through Very Quickly for us BCS Extremely Happy with her Service. Great Work!
Mike Cantu
Mike Cantu