7-Day Broker Bond Replenishment Rule
Brokers and freight forwarders must replenish their BMC-84 surety bond (or BMC-85 trust) within 7 days of any claim payment, or FMCSA suspends their authority.
Read the details
Effective January 16, 2025, FMCSA's final rule on broker financial responsibility requires that any time a surety or trust makes a claim payment against a broker's $75,000 security, the broker must replenish the security to the full $75,000 within 7 business days. If the broker does not, FMCSA will suspend the broker's authority. The rule also requires sureties to notify FMCSA within 7 business days of any claim payment. This rule is a substantive tightening of broker-bond oversight after a decade of industry pressure.
What this means
- Brokers must monitor surety/trust claim notices daily — a missed notice now triggers authority suspension.
- Carriers see new visibility: FMCSA's SAFER page flags brokers whose bond falls below $75,000.
- Shippers should verify broker bond health — a broker with repeated claim payments is a red flag.