A freight broker bond, also known as a BMC-84 bond, is a type of surety bond required by the Federal Motor Carrier Safety Administration (FMCSA) for all freight brokers and freight forwarders in the United States. The bond guarantees compensation for shippers or motor carriers if a broker fails to meet their contractual obligations.
To locate a broker's bond information in the DAT Directory:
- Navigate to directory.dat.com and login with your DAT credentials
- Use the search bar to look up companies by their Company Name, MC or DOT Number, and press ENTER
- Once you get the search results, click on the specific office you want to view. Then click on VIEW MORE DETAILS
- The broker's bond information is located under the DOT Authority &
Insurance section.
- Contact the surety company that underwrote the bond, explain your claim and provide evidence (Contracts, Emails , Invoices and Receipts...)
- The surety company may have specific forms or procedures for filing a claim. Fill out any required forms and submit them along with your evidence to the surety company. Ensure you keep copies of everything you send.
- After submitting your claim, keep in contact with the surety company to monitor the progress of your claim. They may require additional information or clarification as they investigate the claim.