The BMC-84 bond is a federal requirement for freight brokers operating nationwide, including in Ohio. This $75,000 bond ensures brokers comply with FMCSA regulations and protects motor carriers and shippers from financial losses due to broker noncompliance. Operating as a freight broker without this bond is illegal.
Overview
What it is.
The BMC-84 bond is a federal requirement for freight brokers operating nationwide, including in Ohio. This $75,000 bond ensures brokers comply with FMCSA regulations and protects motor carriers and shippers from financial losses due to broker noncompliance. Operating as a freight broker without this bond is illegal.
Who usually needs it
Freight brokers and freight forwarders who arrange transportation of property (general freight) for compensation across state lines. Anyone seeking property broker operating authority must provide this bond before obtaining FMCSA authority.
Pricing & timing
What to expect.
Generic pricing
Freight broker bonds (BMC-84) are required by FMCSA for freight brokers and forwarders. Typical Pricing:. • Bond amount: $75,000 (required by federal regulation). • Rates: Commonly around 1–5% based on credit, with annual premiums typically starting around $750–$3,750. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Multiple programs are available, including options for applicants with less-than-perfect credit. R…
Typical timeframe
Credit-based approval — typically 1–2 business days
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateOHBond amount$75,000ObligeeFederal Motor Carrier Safety Administration (FMCSA)Bond classFreight Broker BondCategoryTransportationBondFreight Broker Bond (BMC-84)Plain descriptionThe BMC-84 bond is a federal requirement for freight brokers operating nationwide, including in Ohio. This $75,000 bond ensures brokers comply with FMCSA regulations and protects motor carriers and shippers from financi…Who needs this bondFreight brokers and freight forwarders who arrange transportation of property (general freight) for compensation across state lines. Anyone seeking property broker operating authority must provide this bond before obtai…
FAQ
Common questions.
Who needs the Ohio BMC-84 Freight Broker Bond?
Any individual or business operating as a freight broker or freight forwarder in Ohio (or anywhere in the U.S.) needs the BMC-84 bond. This is a federal requirement enforced by the FMCSA under 49 U.S.C. § 13906. If you arrange transportation of property for compensation across state lines, you must provide this $75,000 bond before obtaining your broker operating authority. Operating without it is illegal.
How do I file the BMC-84 bond with FMCSA?
You file the BMC-84 bond through the FMCSA's Unified Registration System (URS) when applying for or renewing your freight broker authority using the OP-1 form. Your surety company will provide the bond document, which you then submit as proof of financial responsibility. The bond must remain active continuously while you hold broker authority, and FMCSA requires annual verification.
What does the $75,000 BMC-84 bond protect against?
The BMC-84 bond protects motor carriers and shippers from financial losses caused by the broker's failure to comply with FMCSA regulations. Common claims include failure to pay carriers for services rendered, fraudulent practices, or breach of contract. If a valid claim is filed and proven, the surety company pays the claim (up to $75,000), and the broker must reimburse the surety company.
