BMC-84 Freight Broker Bonds
As the October 1st change to $75,000 bond requirements approach, many agents and brokers are still scrambling to find homes for their BMC-84 Bonds(formerly ICC Property or Freight Broker Bonds). At this time we are still able to get quotes out but those quotes will soon need to be evaluated after October 1st if the surety is required to backdate the bond. As of today, not all sureties are guaranteeing to backdate this particular bond so it is still best to get a quote and all paperwork finalized as soon as possible. A quote can be obtained with the one page application below.
BMC-84 Bond 1 Page Application
CCI Surety, Inc.
Our Southeast Region office handles bad credit bond situations in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, and South Carolina.
Our Home Office handles bad credit bond situations in Maine, Vermont, New Hampshire, Massachusetts, Connecticut, New York, Pennsylvania, New Jersey, Rhode Island, Delaware, Maryland, Virginia, West Virginia, Ohio, Kentucky, Tennessee, Arkansas, Texas, Oklahoma, Kansas, Missouri, Illinois, Indiana, Michigan, Wisconsin, Minnesota, Iowa, Nebraska, South Dakota, North Dakota, Montana, Wyoming, Colorado, New Mexico, Arizona, Utah, Idaho, Nevada, Oregon, Washington, California, Hawaii, Alaska, and Washington D.C.
Payment & Performance ★ Bid ★ ERISA ★ Motor Vehicle Dealer Bonds ★ BMC-84 ★ Wage & Welfare ★ License and Permit ★ Commercial ★ Contract ★ Miscellaneous
Please Note: We can always get started working on submissions or applications that you have already prepared for other markets.
CCI Surety, Inc. specializes in hard to place contract bonds that may have previously been declined by other sureties. We use different kinds of tools which allow us the freedom to think outside the box with our underwriting strategy. We are able to get comfortable with difficult situations using escrow / funds control, SBA Surety Bond Guarantee program and working capital deposits as different options to get the bond approved. CCI also has a very successful Easy Start Program for contracts between $250,000 and $1,000,000 that may be obtained with a two page application plus any financial documents that are available. On commercial bond business we handle both standard and non standard business.
– Multiple Markets
– Can Provide A+ rated bonds
– $3M in-house authority, up to $15M from home office
– Quick Turn around
– No Agency Requirements
SBA Backed Bonds
– 2012 National SBA Bond Producer of the Year
– Potential to approve bonds even with negative working capital
– SBA Bond Program now covers bonds up to $6.5M and in some cases $10M
– Standard and Non-Standard Bonds
– Experienced staff specialized in handling Commercial Bond needs
– License and Permit, Fidelity, ERISA, Business Services and Court Bonds
– Miscellaneous Bonds