Published: Oct 1, 2013
After months of anticipation, October 1st is finally here. As a result of MAP-21, freight brokers and forwarders throughout the country are required to post the new $75,000 BMC-84 Broker’s or Freight Forwarders Surety Bond by close of business today. Despite a partial shutdown of the Federal Government, Lance Surety Bond Associates, Inc. has successfully begun the process of electronically filing the $75,000 bond with the Federal Motor Carrier Safety Administration (FMCSA) for current and new customers.

Once filing confirmation is received, we will promptly provide filing confirmation to brokers and forwarders bonded through our company. As soon as a Form BMC-84 Bond is posted, our customers’ bond coverage will be visible to the public through the FMCSA’s Licensing & Insurance Database by simply typing in property broker’s 6-digit Motor Carrier Number (Docket Number).

For more information on Lance Surety’s $75K BMC-84 Bond Program please see the FAQ section of our Freight Broker Surety Bond page. If you need to get this bond for your business, apply on our website for a free quote. The entire process takes just minutes. We offer the best rates in the nation, none of which require any sort of collateral.

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Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.