🚚 Freight Brokers Insurance

Insurance & bonds
for freight
brokers.

The FMCSA requires freight brokers to carry a $75,000 BMC-84 bond or trust. We issue them fast — and build liability coverage on top to protect your brokerage from cargo and E&O claims.

✓ BMC-84 Broker Bond✓ Contingent Cargo✓ E&O Insurance✓ General Liability
Carriers We Work With
PhiladelphiaMarkelCNARLITravelers+ 15 more
✦ Free & No Obligation

Get Your Freight Brokers Quote

Fast quotes · Licensed agents · Real savings

What coverage are you looking for?
Tell us about your business
Where should we send your quotes?
🔒Your info is secure & never sold. A licensed agent will contact you within 1 business hour.
✅

You're all set, there!

A licensed CoverGuard agent will reach out within 1 business hour with your freight brokers insurance quotes.

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Why CoverGuard
Why freight brokers choose CoverGuard
We know FMCSA requirements and freight-specific liability inside and out.
🚚

Your FMCSA license depends on keeping your BMC-84 active.

If your freight broker bond lapses, your FMCSA operating authority is suspended immediately. We monitor your bond status and send renewal reminders so you never go dark.

🚚
$75K
FMCSA BMC-84 freight broker bond requirement
⚡

Same-Day Response

Every quote request gets a personal response within 1 business hour from a licensed California agent.

FMCSA
Federal Motor Carrier Safety Administration
🏆

20+ Carriers

We compare 20+ top carriers to find you the right coverage at the best rate — not what pays us the most commission.

Coverage Options
What you need.
What we provide.
Coverage built specifically for freight brokers — not a generic business policy that misses your exposures.
📋
BMC-84 Freight Broker Bond
Required by FMCSA for all licensed freight brokers.
  • $75,000 FMCSA requirement
  • Protects shippers & carriers
  • Fast issuance
  • Lapse monitoring & alerts
FMCSA Required
📦
Contingent Cargo Liability
Covers cargo claims when the carrier's coverage is inadequate.
  • Carrier coverage gap backup
  • Lost or damaged freight
  • Shipper disputes
  • $100K–$1M limits
Strongly Advised
📊
Errors & Omissions (E&O)
Covers brokerage errors — wrong carrier dispatch, rate disputes, delays.
  • Dispatch & routing errors
  • Rate confirmation disputes
  • Carrier qualification errors
  • Client claim defense
Recommended
🏢
General Liability
Covers your office premises and basic business operations.
  • Office premises liability
  • Client & vendor injuries
  • Property damage
  • Operations coverage
Core
🔐
Cyber Liability
Freight brokers handle carrier, shipper, and payment data.
  • TMS data breach
  • Payment fraud coverage
  • Ransomware response
  • Client notification costs
Recommended
💼
Commercial Umbrella
Extra liability above your base policies.
  • $1M–$5M additional
  • Covers GL + E&O
  • Large cargo claim buffer
  • Affordable upgrade
Optional
Common Questions
Everything you need
to know.
What is a BMC-84 bond and how fast can I get one?+
The BMC-84 is a $75,000 surety bond required by the FMCSA for all freight broker licenses. We can typically issue it same-day or next business day.
What's the difference between cargo insurance and contingent cargo?+
Carriers carry their own cargo insurance. Contingent cargo is a backup policy that pays when the carrier's coverage denies a claim or is insufficient.
What does freight broker E&O cover?+
E&O covers brokerage mistakes — like dispatching the wrong carrier, rate confirmation disputes, or failing to verify a carrier's insurance. It pays defense costs and settlements.
What happens if my BMC-84 lapses?+
Your FMCSA operating authority is immediately suspended if your bond lapses. We send renewal reminders to make sure this never happens.

Get your freight broker bond & coverage today.

Fast bond issuance. FMCSA-compliant. Same-day available.

Get a Free Quote → 📞 (562) 758-1200
🚚 Get My Freight Brokers Quote