Everything You Need to Know About Renewing Your Freight Broker Bond
Channel: Bryant Surety Bonds, Inc.
Date: 2017-09-21

Source: https://bit.ly/3PV2pd1 

Transcript:
Everything You Need to Know About Renewing Your Freight Broker Bond
by Bryant Surety Bonds

When should I renew my freight broker bond?
- For brokers in business before 2013, the renewal deadline falls between: 1 Oct. and 1 Dec.
- For everyone else the bond expires 1 year after it was issued.

Keep in mind: You must submit a renewal application at least 30 days prior to your bond's expiration date.

What's the cost of renewing my bond? (https://bit.ly/3blH0uw)
- Good credit (FICO 700 or above): 1.25% - 5%
- Bad credit (FICO below 650): 7.5% - 13%

Other factors affecting your premium: (https://bit.ly/3ShbRJn)
1. Years of experience
2. Financial strength of your business
3. Liquid assets, such as: Cash on hand, Stocks, Mutual funds, Certificates of deposit

Why choose Bryant Surety Bonds for your renewal? (https://bit.ly/3QfdTYu)
- Lowest rates nationwide
- Access to specialty programs not available to small agencies
- Bad credit program
- 100% money-back guarantee!
- Last but not least, we send you renewal notifications well ahead of the deadline, so next year you don't have to watch this video!

Want to get a bond quote? Get one for FREE at: https://bit.ly/3cTuRxn 

Additional resources:
1. BMC-84 Freight Broker Surety Bond Guide: https://bit.ly/3blH0uw
2. How to Lower Your Freight Broker Bond Cost: 7 Great Tips: https://bit.ly/3ShbRJn
3. How much does a $75,000 surety bond cost: https://bit.ly/3OS1HMt
4. Freight Broker Bond (BMC-84) vs. BMC-85: https://bit.ly/3vu6FIb
5. Top 7 Costs of Becoming a Freight Broker: https://bit.ly/3OSrcgs
6. Freight Brokers Education Center (FREE): https://bit.ly/3zrU2yx
7. How to Become a Freight Broker [The Ultimate Guide]: https://bit.ly/3QhJEk1
8. Surety Bond Renewal: https://bit.ly/3bux2Hf