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Broker guide
What is a broker bond (BMC-84)
The $75,000 surety bond or BMC-85 trust every property broker must keep on file.
What the public record shows
- Since 2013 brokers and freight forwarders must maintain $75,000 in financial security: a BMC-84 surety bond or a BMC-85 trust fund agreement filed with FMCSA.
- A bond cancellation appears in L&I history; CarrierDaily records it as 'Broker bond cancelled'.
- Brokers file no BIPD liability insurance; 'no insurance on file' is normal for a broker docket.
Today's numbers
Live from the public record (2026-10-25T17:58:34+00:00): 125,716 active authorities, 5,609 brokers of property, 6,312 authority grants in the last 30 days, 865 insurance cancellations and 2,003 revocations or suspensions in the last 30 days.
Sources
FMCSA Licensing & Insurance · SAFER · SMS · FMCSA insurance filing requirements · data.transportation.gov
More guides
How to vet a carrier before tendering a load How to check if an MC number is active How to verify a carrier's insurance with FMCSA What is a BMC-91 filing What 'authority revoked' means What is an involuntary revocation Vetting a carrier with a new MC number What is double-brokering
Hubs
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Questions
How do I check a broker's bond?
Look the docket up in L&I or on the free MC lookup; the bond or trust appears as the active insurance-type filing.
Data reflects official public records published by the U.S. Department of Transportation (FMCSA) as of Oct 25, 2026 11:58 MDT. CarrierDaily provides factual public-record change monitoring and is not a consumer reporting agency under the FCRA.