How Much Does It Cost to Become a Freight Broker? [2026 ]
bryantsuretybonds.com
How Much Does It Cost to Become a Freight Broker? [2026 ]
See how much it costs to become a freight broker in 2026. Learn about bond rates, registration, licensing, software, insurance, and training expenses.
Jan 25, 2015
Freight broker bond Cost
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California Insurance Broker Bond Requirements Explained
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Freight Broker Bond (BMC-84 or ICC Bond)
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suretyone.com
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FMCSA requires $75,000 financial security to operate as a freight broker in the US/Canada. Learn two options: BMC-84 surety bond (yearly premium to bonding company) vs BMC-85 trust fund (full $75,000 cash deposit). Most new freight brokers choose the BMC-84 bond due to the lower upfront cost vs the trust fund that ties up capital. Bond protects carriers and shippers if the broker doesn't pay. Must be filed directly with FMCSA before authority becomes active. Compare bonding companies and applica
1:11
FMCSA requires $75,000 financial security to operate as a freight broker in the US/Canada. Learn two options: BMC-84 surety bond (yearly premium to bonding company) vs BMC-85 trust fund (full $75,000 cash deposit). Most new freight brokers choose the BMC-84 bond due to the lower upfront cost vs the trust fund that ties up capital. Bond protects carriers and shippers if the broker doesn't pay. Must be filed directly with FMCSA before authority becomes active. Compare bonding companies and applica
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