How much does a Bond Broker make in Churubusco, IN? The salary range for a Bond Broker job is from $83,769 to $107,667 per year in Churubusco, IN. Click on the filter to check out Bond Broker job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.
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The BMC-84 (also known as a freight broker surety bond) is a specific type of surety bond that protects shippers/motor carriers, which is required by the Federal Motor Carrier Association (FMCSA) in order to obtain a brokerage authority.
December 21, 2021
The freight broker then is responsible to fully reimburse back the surety bond provider, as stated in the bond indemnity agreement.
December 18, 2021
Find out what makes a good freight broker bond provider so you can save hundreds and avoid paying false bond claims.
December 18, 2021
If either the broker or surety wishes to terminate the bond during that year, a 30-day notice of cancellation must be sent to the FMCSA.
December 18, 2021
Freight brokers wanting to renew their surety bond may qualify for a lower rate after a year or two of conducting business without having any claims filed against the bond.
December 16, 2021