PFA’s BMC-84 Rate Programs
The BMC-84 is a $75,000 surety bond. Surety bonds are typically paid for on an annual basis as a percentage of the total bond amount. Underwriting and determining the annual premium for these types of bonds may involve several factors: personal credit, business financials, industry experience, cash on hand, and home ownership.
Typical Competitor’s BMC-84 Pricing Structure
In general, other surety providers base the bond premium ranging from 2.5% to 12% of the bond amount.
Excellent Credit & Experience
Lower Credit & Experience
Poor Credit & Lack of Experience
What You Need. When You Need It.
BMC-84 / BMC-85
(Required for Freight Broker Authority)
We have several pricing and payment options for BMC-84 Surety Bonds and BMC-85 Trust Agreements. We have 20 years of claims management experience. We keep track of every claim from start to finish by constantly processing the required paperwork and communication until it is closed.
TRANSPORTATION INSURANCE SERVICES
Get the right coverage and secure the most competitive rates. When it comes to protecting your business, few insurers offer all of the different lines of insurance that a domestic freight broker and/or freight forwarder needs. We are here to offer you intelligent insurance solutions on every front.