Bond cost index
Freight Broker Bond Cost
The freight broker bond, filed on form BMC-84, is the surety bond the Federal Motor Carrier Safety Administration requires of licensed property brokers and freight forwarders. It guarantees that the broker will pay carriers and shippers as agreed.
How much does a freight broker (bmc-84) bond cost?
The bond amount is fixed by federal rule at 75,000 dollars. Premium runs roughly 1 to 5 percent of that amount per year for well-qualified brokers, and higher for newer or credit-challenged applicants. Premium for a freight broker (bmc-84) runs about 1% to 15% of the bond amount per year, set by underwriting based on credit and financials.
Data as of 2026-06-17. Methodology v1.
The bond amount is fixed by federal rule at 75,000 dollars. Premium runs roughly 1 to 5 percent of that amount per year for well-qualified brokers, and higher for newer or credit-challenged applicants.
The bond amount for this bond is set by the obligee on a case-by-case basis rather than by a statewide statute, so there is no per-state table. These are estimated ranges, not quotes. Final premium is set by underwriting and depends on the bond amount, your credit and financials, the bond class, and the obligee. A firm number takes a short application.