Pennsylvania Transportation Broker Bond Guide
If you’re applying for a transportation brokerage license in Pennsylvania, you’ll likely need this surety bond.
Bond Overview
- Purpose: To insure the financial responsibility of the broker
- Who Needs It: Intrastate passenger or property motor carriers
- Regulating Body: The Pennsylvania Public Utility Commission
- Required Coverage: $10,000
- Premium Rate: 1–10%, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Pennsylvania Transportation Broker Bond?
A Pennsylvania transportation broker bond ensures that licensed motor carriers with a brokerage license will operate according to state regulations and protect travelers and their property.
The Pennsylvania Utilities Commission requires this bond as part of the licensing process for interstate passenger transportation providers in the state.
How Much Do Transportation Broker Bonds Cost in Pennsylvania?
Pennsylvania transportation broker bonds cost a small percentage of the $10,000 bond amount, typically $100–$1,000.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Pennsylvania transportation broker bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll mail you the bond via your preferred shipping method. Be sure to file the bond with the Public Utility Commission as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Pennsylvania Transportation Broker Bond Work?
As with all surety bonds, a transportation broker bond creates a legal contract between three parties:
- Principal: You, the transportation broker filing the bond
- Obligee: The Pennsylvania Public Utility Commission requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of PA Statutes Title 66 Chapter 25 Section 5.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your transportation broker bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.