What forms do I complete to become a broker?
What forms do I complete to become a broker?
First-time broker applicants who don't already have a US DOT number or other operating authority must register online with the FMCSA via the Unified Registration System (URS).
If you already have a US DOT number and/or other operating authority, you must apply by submitting the OP-1 form to FMCSA until URS is fully implemented. Please note: on January 17, 2017, FMCSA published a Federal Register notice suspending the January 14 and April 14, 2017 URS effectiveness dates.
For more information on registering as a broker, click here.
After the MC Number has been assigned, to complete the application process, brokers must also take the following steps:
- For brokers of property: Proof of Insurance Coverage: a Surety Bond or Trust Fund Agreement (Form BMC-85) in the amount of $75,000
- For brokers of household goods: Proof of Insurance Coverage: a Surety Bond or Trust Fund Agreement (Form BMC-84) in the amount of $75,000
- Form BOC-3, Designation of Process Agent Form (brokers may designate themselves as their own process agents in the State in which they are writing contracts)
- Application processing fee: $300 (non-refundable)
- Application processing time: Approximately 4-6 weeks
Note: Effective October 2013 all bonds for brokers increased to $75,000.00.