What is a Property Broker Bond?
In the US, a property broker bond is required by the FMCSA in order to obtain your brokerage authority and is issued in the form of a $75,000 bond. The bond is a guarantee of payment between the broker, Surety and motor carriers & shippers, if the broker fails to comply or remit payment for services rendered, per contractual agreements.
A Property Broker bond is also known as a BMC-84 bond, a Freight Broker bond, an ICC Bond (Interstate Commerce Commission), a Transportation Broker Bond, or a Surety Bond.
Why get your BMC-84 Bond from DB Schenker?
- Unbeatable pricing — as one of the top BMC-84 Bonds Brokers in the country, we’ll get you the best A+ rated Surety Bond at the very best price possible!
- No hidden fees — we offer up-front no surprises pricing … the price we quote is the price you pay
- Experience — with over 140 years in the business, we offer unmatched global shipping and logistics expertise