Secure Easy Freight Broker Success With This Surety Bond
Cost and Financial Considerations
While the $75,000 bond amount might seem daunting, it's important to note that brokers typically pay only a percentage of this amount as a premium, which can range from 1% to 10% depending on your credit score and financial history. For instance, a broker with excellent credit might pay as little as $750 annually. This investment is crucial for maintaining compliance and fostering trust among industry stakeholders3.