BMC 84
Required for property brokers operating under FMCSA authority to arrange transportation of property by motor vehicle for compensation.
Same-day quotes. A-rated markets. Expert help.About This Bond
What this bond covers.
Property Broker's Surety Bond (BMC 84)
The Property Broker's Surety Bond, also known as BMC 84, is a federal requirement for businesses that operate as property brokers under the Federal Motor Carrier Safety Administration (FMCSA). This bond ensures that brokers fulfill their financial obligations to motor carriers and shippers when arranging transportation services.
Who Needs This Bond Property brokers who arrange for the transportation of property by motor vehicle for compensation must obtain this bond as part of their FMCSA operating authority. This includes freight brokers, logistics companies, and third-party logistics providers that connect shippers with motor carriers but do not provide transportation services themselves.
Protection and Coverage The $75,000 bond protects motor carriers and shippers from financial losses if the broker fails to pay transportation charges or other obligations. The FMCSA requires this bond to ensure brokers maintain financial responsibility and operate ethically within the transportation industry.
Bond Details This bond has a one-year term and is renewable annually. Brokers must maintain continuous coverage to keep their FMCSA operating authority active and remain compliant with federal transportation regulations.
How to Get Your BMC 84
1. Share the basics
A few quick questions. No paperwork.
2. See your options
Clear quotes. No surprises.
3. Get covered
We'll take it from here.
FAQ
The cost of a BMC 84 is typically a percentage of the total bond amount, ranging from 1% to 10%. Your exact rate depends on the bond amount, your credit score, and professional experience. Many standard bonds have fixed premiums and can be quoted instantly.
Most standard bonds are issued the same day - many within minutes of completing the application. Bonds that require underwriting review may take 1-3 business days.
Requirements vary by state and obligee, but most applicants need to complete a short application. Some bonds require a credit check, while others are issued regardless of credit. Business financials or professional experience may be considered for larger bond amounts.
Yes. Many bonds are available regardless of credit history. For bonds that require underwriting, applicants with lower credit scores can still qualify - the premium rate may be higher. We work with multiple carriers to find you the best available rate.
Trusted by customers nationwide
Fast and simple
I answered a few questions and had options right away. No back and forth, no pressure, just clear coverage.
Best experience so far
ScoutRate made it easy to compare and pick what actually fit my business. The whole process felt straightforward.
Clear pricing
No surprises. The quote was easy to understand and the checkout was quick. I wish I found this earlier.
Ready to get started?
Have questions? Call or text +1 (888) 900-8038 to talk with a Surety Expert or
Bonds
Learn
© 2026 Insurance Services By Shield | Privacy Policy | Terms of Service | Indemnity Agreement
TurboBonds.com is operated by Insurance Services by Shield, a California and Texas licensed insurance agency (CA License #6018195, TX License #3446536). Insurance Services by Shield is not an insurance carrier and does not underwrite bonds or insurance policies. Bond and coverage availability, pricing, and issuance are subject to carrier underwriting approval, eligibility, applicable state requirements, and policy or bond terms. Availability varies by state.
