Freight Broker Bond (BMC-84)

Florida Freight Broker Bond (BMC-84)

Federal $75,000 BMC-84 for Florida freight brokers

Interstate freight brokers need the federal FMCSA BMC-84 surety bond (or BMC-85 trust) regardless of Florida domicile.

Apply for this bond

Or call (877) 477-7578

Overview

What Is a Florida Freight Broker Bond (BMC-84)?

A BMC-84 freight broker bond is the federal $75,000 surety required for FMCSA broker authority.

Key Provisions

Guarantees compliance with 49 U.S.C. § 13906
49 C.F.R. Part 387
Protects the obligee named on the Florida bond form
Remains subject to the penal sum and bond conditions

Surety Obligation Overview

What Does This Bond Guarantee?

The surety bond guarantees that the principal will perform the duties required under 49 U.S.C. § 13906; 49 C.F.R. Part 387 up to the penal sum.

Principal: The party required to obtain the bond and perform the underlying obligation.
Obligee: Federal Motor Carrier Safety Administration
Surety: The company issuing the bond and guaranteeing the obligation to the obligee.

When a claim may arise

A claim may arise if the principal fails to comply with the bonded Florida obligation or causes covered loss to the obligee or protected parties.

If a claim is valid

If a claim is valid, the surety may pay up to the bond penalty according to the bond terms; the principal remains liable to reimburse the surety.

Scope of the Obligation

Comply with 49 U.S.C. § 13906
49 C.F.R. Part 387
Satisfy Federal Motor Carrier Safety Administration filing conditions
Maintain the bond for the required term

Bond terms

Bond summary

Amount, premium, term, and the authority that requires this filing.

Eligibility

Who Needs This Bond?

Florida-based freight brokers and property brokers obtaining or holding FMCSA broker authority need this bond.

Who Is Required to File

Applicants required by Federal Motor Carrier Safety Administration (FMCSA)
Florida businesses renewing or expanding licensed activity
Out-of-state firms filing into Florida markets

Requirements

What You Need to Apply

Issue a BMC-84 for $75,000 naming the FMCSA as required and file through the FMCSA process.

Required Documentation

Legal entity name matching the license or filing
Bond amount: $75,000 BMC-84 (or BMC-85 trust alternative)
Florida obligee form or statute citation
Owner or officer identification for underwriting

Filing

How this filing works

01

Confirm the Florida requirement

Share your license type, court order, or obligee form and the exact penal sum required by Federal Motor Carrier Safety Administration (FMCSA).
02

Underwrite and price

We review credit and filing details, then quote premium options through licensed surety markets.
03

Issue and file

Once approved, we issue the bond for delivery to Federal Motor Carrier Safety Administration or for your Florida filing package.

FAQ

Frequently Asked Questions

What is the required amount for a Florida freight broker bond (bmc-84)?

The amount is $75,000 BMC-84 (or BMC-85 trust alternative), as set under 49 U.S.C. § 13906; 49 C.F.R. Part 387 and confirmed with Federal Motor Carrier Safety Administration (FMCSA).

Who is the obligee on a Florida freight broker bond (bmc-84)?

The obligee is typically Federal Motor Carrier Safety Administration. Always match the exact name on the Florida form.

How long does it take to get the bond?

Many Florida filings can be underwritten the same day when documents and credit are complete; complex amounts may take longer.

Does bad credit prevent approval?

Not always. Premium and collateral options vary by credit and bond size — ask for markets that still write the risk.

How do I renew the bond?

Most bonds renew on the term shown (1 Year). Keep continuity so your Florida license or filing does not lapse.

Authority Resources

Federal Motor Carrier Safety Administration (FMCSA)

fmcsa.dot.gov

Next step

Ready to file this bond?

We’ll match the requirement and route the application.