An Transportation Broker bond is required to help ensure payment to motor carriers in the event your business fails to comply with the items listed in your contract. The bond is required by the Federal Motor Carrier Safety Administration.
We can obtain a quote for you before you get your MC number; however, we must receive your MC number before the bond can be issued as this bond is filed electronically.
Unlike insurance, the bond is in place to protect the public from you. If there is a claim placed on your bond and you are found at fault, the surety company will pay out. However, you will have to pay them back.
Sometimes this bond is a little more difficult to get with other surety companies; however, Surety1 has access to the BEST markets available so we’re able to get you a firm quote no matter your situation.
How do you get a Transportation Broker Bond?
1. Complete an application by clicking below on Get Bonded Now
2. Sometimes, financials are required to obtain the cheapest quote for your bond. We’ll contact you quickly if needed.
2. One of our surety experts will call and email you with the firm quote and an agreement to sign.
3. Provide payment and your signed agreement, then you will receive your bond!