Arizona Freight Broker Bond | AmeriPro Surety Bonds | 844-589-9732
Please note: In order for our agency to qualify you for the freight broker bond, you will need to have both excellent credit and a strong financial standing.
Arizona Freight Brokers
An Arizona freight broker bond in the amount of $75,000 is required by the federal government for those whose business it is to ship cargo via the roads.
Arizona Freight Brokers: Regulatory Body
Arizona freight brokers and the bond requirements are not particular to the state of Arizona, alone.
Freight brokers are regulated byt eh Federal Motor Carrier and Safety Administration (FMCSA) here. They are under the U.S. Department of Transportation.
They may be contacted at the following address:
Federal Motor Carrier Safety Adminstration
United States Deparment of Transportation
1200 New Jersey Avenue SE
Washington, DC 20590
Arizona Freight Brokers: Duties and Licensing Procedures
An Arizona freight broker’s job is to see that cargo is moved from one place to another in a manner that is safe, orderly, and in compliance with all state and federal laws.
Beyond assuring that the cargo is properly delivered, freight brokers have no vested interest from a professional standpoint in the cargo itself.
Arizona Freight Broker Bond
Federal law requires that an Arizona freight broker bond in the amount of $75,000 be purchased filed before a license is granted.
A surety bond is not an insurance policy, nor does the surety bond protect the freight broker at all.
The Arizona freight broker bond does this: It protects others from any wrongful, criminal or fraudulent act committed by a freight broker in the course of their duties.
Were a claim to ever be paid on the Arizona freight broker bond it would be the responsibility and legal obligation of the purchaser of the bond, the principal, to reimburse the surety.
Premium Amount of the Arizona Freight Broker Bond
The premium for the Arizona freight broker bond, issued to run concurrent with your freight license, will be determined by your credit score.
Applicants who have lower scoring need not be concerned that they will not be able to get bonded.
AmeriPro Surety Bonds will work for you to get the best premium pricing regardless of your credit situation.
About AmeriPro Surety Bonds
AmeriPro Surety Bonds is surety bond-only agency provide surety bonds nationwide.