How It Works
What does Broker Pay Me do?
Broker Pay Me helps you find a broker’s bond information from the FMCSA. If a broker hasn’t paid you, you can use this info to file a claim against their $75,000 bond.
How do I use Broker Pay Me?
Easy!
- Enter the broker’s MC number.
- We’ll pull up the broker’s bond info from the FMCSA.
- Use that info to file a claim.
How do I file a claim?
After you get the bond info, contact the bonding company and file a claim. We give you the details you need to get started.
What is a bond?
A bond is like insurance for brokers. If they don’t pay you, their bond is used to cover what you’re owed, up to $75,000.
What if the broker went out of business?
If the broker is out of business, you need to sue the shipper, receiver, and or customer. Whoever hired the broker.
Use the BOL to contact the shipper/receiver/customer. If there is no phone number, you can find it by putting the address in Google Maps.
How much can I claim?
Up to $75,000. If there are a bunch of other claims that equal more than $75,000 you will get a percentage. For example, you have a $5,000 claim and the total claims are $100,000. You will get 75% or $3,750.
What if my claim was denied?
Most bonds don't cover intrastate loads (TX to TX) or some commodities like produce. You will have to sue the broker/shipper/receiver click here to learn more.
Is it too late?
You have 30 days after the bond cancels to file a claim. If it's past that you should still contact the bonding company, but there is no guarantee you'll get paid.
You can sue the shipper, receiver, and or customer up to 18 months after you hauled the load.
How Long Does It Take To Get Paid By The Bond?
Between 10-90 days, usually 60.
What if a trucking company didn't pay you?
Unfortunately trucking companies do not have a bond.
Is Broker Pay Me free?
Yes, it's completely free!
Can I find this info myself?
Yes, but we make it faster. You could look it up on the FMCSA website, but Broker Pay Me gets the info for you in one quick search.