EVEREST TRANSPORTATION SYSTEMS- FORM 85/ INSURANCE TYPE- TRUST FUND

J

Jaydee

Member
May 22, 2024
135
15
18
Canada
10
Having issues getting payments, looked up on FMCSA- this is the only coverage- I am not familiar with this. Surety i checked was cancelled.
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Most surety providers are moving from a BMC84 to a BMC85 surety.
BMC84 requires an insurer to cover the $75k - basically vouching for a company.
BMC85 requires the company to put forward $75k to which they will draw from and has no adverse affect to anyone but the company.
 
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