InsuranceBusiness

Broker Bond (BMC-84) & E&O

FMCSA-required $75K bond plus errors & omissions coverage for freight brokers.

Who needs it

Licensed property freight brokers and freight forwarders.

What it covers

  • BMC-84 surety bond
  • Contingent cargo
  • Broker errors & omissions

Common claim examples

  • A shipper claims you misrepresented a carrier's insurance.