Freight Broker Bonds

Step 1 of 4

What is the status of your MC Authority?

This helps us determine which filing you need immediately.

Selected

New Application I just applied / I am about to apply for my MC#.

Selected

Active / Renewing I'm already operating and need to renew my bond.

Selected

Revoked / Reinstatement My authority was revoked and I need to fix it.

Electronic Filing Included

We don't just sell you the paper. We electronically file your BMC-84 form directly with the FMCSA system the moment you bind, so your authority goes active faster.

Why is the BMC-84 required?

The Federal Motor Carrier Safety Administration (FMCSA) requires all freight brokers and forwarders to hold $75,000 in financial security.

BMC-84 (Surety Bond): You pay an annual premium (usually 1-5%) to a surety company. This keeps your cash flow free.
BMC-85 (Trust Fund): You must lock up $75,000 cash in a trust. Most brokers prefer the bond to keep their working capital.

Step 2 of 4

What matters most for this bond?

We'll filter quotes based on your business needs.

Lowest Price

I want the cheapest annual premium available.

Fastest Filing

I have a load waiting. I need the BMC-84 filed NOW.

Financing

I need to split the premium into monthly payments.

Step 3 of 4

Estimated Credit Tier?

Surety bonds are credit-based. This gives you the most accurate estimate.

Excellent

700+

Good/Avg

650 - 699

Building

Under 650

Does credit score affect my bond price?

Yes. Unlike insurance, a surety bond is a line of credit. The surety company is vouching for your ability to pay carriers.

Bad Credit? No Problem.

We work with specialized markets that write freight broker bonds for applicants with low credit scores, bankruptcies, or liens. You can still get your authority active.

Trusted by Logistics Pros

(4.9/5 from Brokers)

"My authority was about to be revoked because my old surety cancelled. These guys got me a new BMC-84 filed in 2 hours. Saved my business."

Tom K.

Freight Broker (TX)

"I didn't have $75k for a trust fund. The bond option was way cheaper, and they gave me a great rate despite my credit not being perfect."

Amanda L.

Logistics Startup (FL)

"Super simple. I entered my MC number, paid the premium, and got the confirmation email that the filing was done. No faxing, no hassle."

Mike R.

Owner Operator -> Broker

Step 4 of 4

Do you need other broker coverages?

Shippers often require more than just the bond.

Contingent Cargo Protects if the carrier's insurance fails.

General Liability (GL) For slip-and-fall and office protection.

Cyber Liability Protection if your TMS gets hacked.

How much does a BMC-84 Bond cost?

You do NOT pay $75,000. You only pay a small percentage of that amount as an annual premium.

Excellent Credit

1.25% - 3% Rate

$938 - $2,250 / year

If you have strong credit (700+) and established business history.

Most Common

Average Credit

3% - 5% Rate

$2,250 - $3,750 / year

Standard rates for new authorities or average credit scores.

Challenged Credit

5% - 12% Rate

$3,750+ / year

Higher rates, but we can typically still get you approved without collateral.

Check My Exact Rate

Frequently Asked Questions

How fast is the filing with the FMCSA?

It is typically instant. We are directly connected to the FMCSA database. Once you purchase your bond, our system electronically files form BMC-84. The FMCSA website usually updates to show "Active" coverage the next business morning.

Can I get a bond with bad credit?

Yes. We have specialized "high risk" programs. While the premium (price) will be higher than someone with a 750 credit score, we can almost always get you a bond so you can conduct business.

BMC-84 vs BMC-85: Which is better?

The BMC-84 is a surety bond that costs a small annual fee (e.g., $1,500). The BMC-85 is a Trust Fund where you must put the full $75,000 cash into a bank account. Most brokers choose the BMC-84 Bond to keep their cash available for operations.

Do you offer financing?

Yes. For premiums over certain amounts, we offer premium financing. You can put a percentage down and make monthly payments to keep your startup costs low.