Federal Freight Forwarded | $50,000 Freight Forwarded Surety Bond
Also known as: freight forwarded bond
Type of Bond
A Federal Freight Forwarder Bond is a type of surety bond required by the Federal Maritime Commission (FMC) for businesses operating as freight forwarders in the United States. Freight forwarders are intermediaries that arrange for the transportation of goods between shippers and carriers, including air, sea, and land transportation. This bond guarantees that the freight forwarder will comply with all applicable federal laws and regulations, including the proper handling and transport of cargo, the accurate reporting and payment of fees, and the protection of customer information. The bond also provides a means for the FMC to recover any financial losses resulting from the freight forwarder's actions. In addition to federal requirements, some states may also require freight forwarders to obtain bonds or other financial guarantees for regulatory compliance.
Program
The price you'll pay for your $50,000 Freight Forwarded Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!
We provide all types of $50,000 Freight Forwarded Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.
Application
The application process for a $50,000 Freight Forwarded Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the Freight Forwarded Bond Application process.
The Federal Freight Forwarded Bond amount is currently set at $50,000.
Obligee Information
An obligee is the entity that is requiring you to have the Freight Forwarded bond.
Obligee: Federal Maritime Commission
Street: 800 North Capital Street Northwest
Zip: 20573
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!