Secure Your Freight Broker Bond BMC-84 Quote Secret
Unlock the secret to securing your Freight Broker Bond BMC-84 quote with ease by exploring the right options and understanding the benefits you can gain from this essential financial tool.
Understanding the Freight Broker Bond BMC-84
The Freight Broker Bond, also known as BMC-84, is a mandatory requirement for freight brokers and freight forwarders operating in the United States. This bond acts as a financial guarantee, ensuring that brokers comply with the Federal Motor Carrier Safety Administration (FMCSA) regulations and fulfill their contractual obligations to shippers and carriers. The bond amount is set at $75,000, which serves as a safety net for all parties involved in the freight transaction1.