Required by the Federal Motor Carrier Safety Administration (FMCSA), freight broker bonds protect shipping companies and motor carriers that you may have contracts with. These bonds protect these companies from experiencing sudden major losses in the event that your company does not follow through with its obligations. In this way it is similar to insurance.
Since having a freight broker bond is required by law to operate as a freight broker, your company will have to get one to stay in business. We can help get you the best possible bonds on the market. At Maritime Insurance International, we have over twenty-five years of experience finding excellent freight broker bonds for clients who need them. Our freight broker clients, also known as property brokers, rely on us to provide the required BMC-84 $75,000 bond to maintain their broker’s license. To make the process more convenient for our clients, we accept online payment.
Call our surety specialist Matthew Clarke at 843.300.1890, or email any questions to: firstname.lastname@example.org
Without a freight broker bond, your company could face serious financial trouble for breaching a contract if you default on a contractual obligation. You could face a lawsuit and have to pay for damages and legal fees. This can add up very quickly. Additionally, a breach of contract can result in the loss of clients, which can further hurt your business.
With just one quick phone call, you can speak with a professional in this field, here at Maritime Insurance international. We know all of the critical information about the freight broker bond business, and we are eager to help you.
Call us today to start the process of getting your freight broker bond. We look forward to hearing from you.