Bond Amount
$75,000
Typical Premium
$938–$10,000+/yr
Term
Continuous
Required By
FMCSA (Federal Motor Carrier Safety Administration)
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What Is the Texas Freight Broker Bond (BMC-84)?

A freight broker bond (Form BMC-84) is a $75,000 federal guarantee. It stands behind your deals with carriers. If you stiff a carrier, they file a claim, the surety pays, and you repay the surety.

Every freight broker pays the same $75,000 — it is a federal amount, not a state one.

Who Needs This Bond in Texas?

How to Get Bonded — Step by Step

  1. Get your FMCSA authority with Form OP-1.
  2. Buy your $75,000 BMC-84 bond here. We can file it for you.
  3. The surety files the BMC-84 with the FMCSA.
  4. After about 7 to 10 days, you can start booking loads.

Renewal & Continuous Bond Coverage

This bond runs continuously. Pay the premium on time each year. If the bond drops, your FMCSA authority is suspended until it is back in place.

Frequently Asked Questions

What is the difference between BMC-84 and BMC-85?

BMC-84 is a surety bond — you pay a yearly premium. BMC-85 means putting the full $75,000 in cash in a trust. Most brokers pick BMC-84.

Does the Texas bond protect me?

No. The bond protects your customers and the state, not you. If a claim is paid, you pay the surety back. The bond is not your own insurance.

How fast can I get bonded in Texas?

We shop several sureties for you, often within a day. Many bonds are issued the same day for good credit.

How much does the bond cost?

You pay a yearly premium — a small percent of the bond amount. Good credit means a lower rate.

How a Surety Bond Works

A freight broker bond is a type of surety bond. The picture below shows the three parties and what happens if someone files a claim.

Diagram of how a surety bond works: the obligee requires the bond, the principal applies and signs an indemnity agreement, and the surety issues the bond; if the principal fails, the obligee files a claim, the surety investigates and may pay, and the principal reimburses the surety.

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This Freight Broker Bond (BMC-84) in other states
California · Georgia · Illinois · Ohio
Other Texas surety bonds
Auto Dealer Bond · Notary Public Bond · Residential Mortgage Loan Originator / Broker Bond · Third-Party Debt Collector Bond

Related: All Texas surety bonds · What is a surety bond? · How surety bond costs are calculated

Underwriting Disclosure. All surety bond applications are subject to underwriting review and approval by the issuing surety company. Quoted premiums are estimates only; final pricing is determined by individual underwriting factors, which may include personal and business credit history, financial statements, industry experience, and claims history. Many bonds qualify for instant online approval, while others may require additional documentation, financial review, or indemnitor signatures prior to issuance. SuretyBondly makes no representation, warranty, or guarantee of approval, eligibility, premium amount, bond form, or issuance timing. Bond amounts, forms, and requirements are governed by the applicable obligee and statutory authority and may change without notice. Information provided on this page is for general informational purposes only and does not constitute legal, financial, or tax advice.