😀💥Freight Broker Surety Bond...10 BIG Tips💥😀

Freight Broker Surety Bond..10 BIG Tips

In today's video I'm going to share some important information about the Freight Broker Surety Bond and 10 BIG Tips that will help you make the best decision as it pertains to acquiring the freight broker surety bond.

Here's what you'll learn.

⭐1. What is a freight broker surety bond?
⭐2. Who must obtain a freight broker surety bond?
⭐3. What type of bond is required for freight brokers?
⭐4. What is a BMC -84?
⭐5. What is a BMC-85?
⭐6. What factors determine freight broker surety bond price?
⭐7. How much should you pay for a freight broker surety bond?
⭐8. Should you renegotiate your freight broker surety bond after the first year?
⭐9. What is an indemnity agreement?
⭐10.Which freight broker surety bond provider company should you choose?

Freight Broker Surety Bond...10 BIG Tips

[kevinhines]

Great content. I’m seriously considering transitioning from owner op to brokering. This is encouraging!

[napseydesigns]

I just funded my Surety bond and it was 3500 .... My first quote was 12k because I had bad credit but I got a credit repair guy to clean it up and I reapplied and got the 3500 rate and jumped on board! These videos help me alot! Thanks Brandon!!

[Muzamil]

Brandan any advice an agent who can process licence

[paulfoster]

Do you offer training for new brokers.

[jacoba]

God bless brother I love the saying at the end

[yamilefreixas]

Yes please, could you please provide your provider information? Thank you in advance. I have a quote for $3650 I need to pay less that that

[shwanosman]

Hello Scott
Actually I would like to ask you a question as you mentioned in video can you please let me know what is your surety bond company?

[joselynguardado]

I just had my first quote for BMC-84 for 1425

[marcowerner]

That intro is sick man!! :) Thanks for sharing. I paid 900 one year ago when I started my brokerage and was quoted this year for 900 bucks again.

[josephprice]

Yes, but my credit is horrible. Do you recommend anybody that does credit repair.

[marivicgarcia]

This is amazing!! My new favorite channel.

[eluboyz]

Respect you boss. Thank you very much. Short and clear information.

[dawsonleding]

Love your videos man. Keep it up! There is not much content out there helping SB freight brokers get started.

[AbsoluteSurety]

This is great information! Surety companies also do a "soft" pull so your credit is not affected when quoted.

[giovannicorlito]

YES, I will send you an email shortly

[steveriley]

Can a carrier also be a broker under same Mc number if so what are the issues if not why

[MikeM-codm]

So is the bond like an insurance coverage?
If you have a bond, why would they come after your assets if there's a claim ?

[MrStationb]

So I’m about to start my brokerage but I know there will be slow moments the first 6 months. How can I leverage my brokerage to produce income? Can I allow someone to operate under my brokerage, like a freight agent, dispatcher and do they pay me a monthly fee? I have friends that are owner operators but they operate under another carriers authority, I don’t know if it’s similar on the brokerage side. Thanks 🙏🏾

[soundsrelaxing]

I called one guy and he wanted to charge me an arm and a leg and my credit isn’t bad at all 🤦🏾‍♀️

[hotshotnep]

Yes. Please forward me your providers info. I've been quoted 8500! No break down and I began repairing my credit. It's fair at this point and moving in positive direction. I'd appreciate the information. Thanks