Call Pro Surety Bond today for great rates on your BMC-84 Freight Broker Bond. If you’re in the market for a surety bond, call Pro Surety Bond now at 800-314-7003. We understand that purchasing a surety bond isn’t exactly most people’s idea being productive, especially when you’re running a business! That’s why our hard working Freight Broker Bond team is committed to finding you the most affordable rates they can find, doing it with the upmost courtesy, and promptly delivering it to you in the shortest amount of time possible. It’s called customer service, and it’s the reason we have the great reputation in the industry that we have. So give us a call, even if your credit isn’t top notch. We’re here to assist you! Call us at 800-314-7003!
Many people who call us have questions about how Freight Broker Bonds work so we think here is a good place for a brief explanation. To put it succinctly, a Freight Broker Bond protects shippers and carriers from the loss of funds if a Freight Broker doesn’t follow the rules set forth by the law. If the broker doesn’t remit the funds he is responsible for according to the agreement or regulations, a claim may be made against the bond. Note that the bond protects shippers, not the broker. If a valid claim is made against the bond, if the surety has to pay, the broker will have to repay the settlement to the bond carrier.
The reason you need a freight bond is federal regulators require one in order for you to be licensed. In 2013, the Obama administration signed into law a new transportation bill that raised the amount of coverage to $75,000, up from the $10,000 requirement that had been in place since the 70s’. It was very difficult for some Freight Brokers to meet the new requirement but most have now adjusted. Give us a call at 800-314-7003
Pro Surety Bond has an experienced team of bond agents to help make sure the bonding process is as painless and as fast as possible. We always do our best to track down the best rates thanks, have multiple markets, and strong relationships cultivated with in our network of underwriters. Call us today at 800-314-7003!
The MAP-21 law requires the $75,000 BMC-84 Freight Broker Bond and Pro Surety Bond is always committed to the providing best service and the best rates we can find! Call us today at 800-314-7003