Now it's easy with our $100,000 Total Excess BMC-84 bond program. Freight brokering is a very competitive industry. Take advantage of this opportunity and show that you're an elite brokerage that is willing and able to go the extra mile to protect your shippers and haulers.
Why Choose Us?
No application or renewal fees
No claim fees
Bonds are backed by an A+ surety company
US Foods, Tyson Foods require brokers to have excess coverage to haul for them. Haul for the big boys with excess coverage!
No membership fees ($2,000+ with others!)
What is a Freight Broker Surety Bond?
A freight broker surety bond is a requirement by The Federal Motor Carrier Safety Administration (FMCSA) for freight brokers when obtaining their license. This bond helps freight brokers establish credibility in their profession and protects the motor carriers hired by the broker from the potential of fraud or failure to pay.
What is The Excess Bond Program?
It is a $25,000 excess policy on top of the existing $75,000 BMC-84 surety bond for highly qualified freight brokers, which would bring you to a total of $100,000.
What Does it Cost?
Pricing is a small percentage of the bond amount, which is based on your personal credit. Apply to get an instant quote.
What Will I Get With the Policy?
An executed Accord Insurance Form indicating that you have a $25,000 Excess bond in addition to the $75,000 bond required by the FMCSA. You can share this with all of your shippers and haulers that you do business with. A copy of the underlying bond form is also available if needed.
Who Does This Excess Coverage Protect?
It protects all of your shippers and haulers that you do business with.
Will the FMCSA Website Show a New $100,000 Bond Amount?
No. Currently, the FMCSA only requires a $75,000 bond in their online system. This is why we have the Accord Form to prove your excess coverage. Any shipper or hauler can call our office to confirm excess coverage is in place and active. As soon as the FMCSA allows a value of $100,000 on their site, we will be happy to have your information updated.
How does this help my business?
Excess coverage for your business makes you stand out from the herd and confirms that you're an elite brokerage who provides extra protection for your shippers and haulers. This particular $25,000 excess coverage is not being offered by 99% of bonding companies out there, and it is an exclusive program with our agency and the insurer, Great American Insurance Company. Most of your competitors will not have access to this exclusive arrangement.
Get Your Surety Bonds from the Best Bonding Companies
We work with the top A-rated, T-listed surety bond companies in the nation
Our company has been with JW Surety for several years now so when we needed to obtain a bond for a new company, we immediately went to them for help. Our rep, Melissa, was extremely helpful and prompt which made the process extremely easy for me.
Trying to get a local Surety Bond was like driving a car on three tires. I searched Surety Bonds and found JW Surety Bonds. I got online and filled out the information and with in 30 minutes received a response from Melissa. She was informative, friendly and helpful. One more super satisfied customer.
The Nation’s #1 Volume Surety Bond Service
Our company writes $4,000,000,000+ in bonds each year!
#1 Bond Writer
We are the nation's largest volume bond producer.
Fastest online surety bond application process; we approve bonds instantly.
Our high volume allows us to negotiate lower rates on your behalf.
Your JW surety bond agent will be your claims advocate when you need them most.
Don't wait days to get bonded. Get your surety bond instantly!
We are a family owned and operated agency established in 2003. We started with just two people, and grew to become the largest volume bond producer in the nation with 50+ employees. Since day one, our team focus has been on providing real-time online quotes, an easy process, and the best in claims defense. Learn more about our company.