$409 each – Motor Property Carrier and Broker Authority (OP-1) or Freight Forwarder (OP-1FF). Your authority will NOT be activated until the minimum amount of insurance ($750,000) has been filed with FMCSA. $750,000 is the minimum level required if you are hauling general commodities (non-hazardous), however, many brokers and shippers may require higher coverage.
NOTE: While you may consider getting broker authority, it currently requires a $10,000 bond on file with FMCSA and legislation passed by congress will increase the broker bond requirement to $75,000. The cost to a small-business broker in securing a $75,000 bond is currently the subject of much controversy and we strongly advise you investigate what a bond will cost before spending an additional $300 getting broker authority.