← Back to Search

VALIDATED

SOVEREIGN FREIGHT BROKERS INC

Trust Score

Excellent Why this score?

Company CheckSOVEREIGN FREIGHT BROKERS INC · DOT 2222627

1179 LANCE RD, NORFOLK, VA, 23502

DOT# 2222627 MC# 308643 Norfolk, Virginia 30 years

BROKER

★★★★★ Ratings & reviews

Save to favorites Watch, alerts on changes Write a review Add a private note Download PDF report

Create free account →

Free • 30 seconds • Already a member? Log in

Power Units

Drivers

Crashes (24-Month)

$75,000 bond

Insurance

Not Rated

Safety Rating

Inspections

Is this your company? Claim your profile →

Just researching? Create a free account →

Deep records on this carrier, only on LoadWrap

Safety & Inspections→ Licensing & Insurance→ Know Your Rights→ VIN Watch & CARB Check→ Get Change Alerts→

Contact Details

PhoneSign in to view

EmailSign in to view

Physical Address1179 LANCE RD, NORFOLK, VA, 23502

Mailing AddressPO BOX 41134, NORFOLK, VA, 23541

Broker Surety Bond FMCSA BMC-84/85

Brokers must keep a $75,000 surety bond or trust fund on file with FMCSA. If it lapses, FMCSA revokes the broker’s authority, so an active bond is the key thing a carrier should verify before hauling for a broker.

Bond StatusActive

On File (FMCSA)$75,000

VerifiedFMCSA · 07/07/2026

Required$75,000 (FMCSA min)

Last checked09/25/2026

TypeSurety Bond (BMC-84)

Surety / TrusteeGREAT AMERICAN INSURANCE CO.

Contact☎ (877) 377-2405
🌐 greatamericaninsurancegroup.com

Filings on record12

Bond history

GREAT AMERICAN INSURANCE CO.since Jul 1, 2019 · active

GREAT AMERICAN INSURANCE CO.Jul 2019 to Sep 2021 · CANCELLED

LEXON INSURANCE COMPANYOct 2013 to Jul 2019 · replaced

SELECTIVE INSURANCE COMPANY OF AMERICAJul 2007 to Oct 2013 · CANCELLED

OASIS CAPITAL INCORPORATEDAug 2003 to Jul 2007 · replaced

PEERLESS INSURANCE CO.Aug 1996 to Aug 2003 · replaced

Never get caught by a dead bond. Daily checks, same-day email alerts.

Watch this broker

Other Companies at This Address

Address1179 LANCE RD, NORFOLK, VA 23502

Others here

Distinct phones

Active

Company	DOT	Phone	Status
BAY CRAWLSPACE SOLUTIONS LLC	4212361	Sign in	Active
SOVEREIGN FREIGHT BROKERS INC this company	2222627	Sign in	Active
JIMMY R BAGWELL SR	2400242	Sign in	Inactive
KEEN LEASING INC	377310	Sign in	Inactive

Note: sharing an address is legal and common (registered agents, virtual offices, business centers). A shared address never reduces the Trust Score.

Operating Authorities

Authority TypeAUTHORIZED FOR HIRE

Carrier OperationC - Intrastate (Non-Hazmat)

DocketMC308643

CommonNot Active

ContractNot Active

BrokerActive

Operating30 years

Safety Summary

Safety RatingNot Rated

Total Crashes (24-mo)0

Fatal0

Driver OOS0.0% avg 5.5%

Vehicle OOS0.0% avg 20.7%

SmartWay PartnerNo

Insurance

Amount$75,000 bond

Type84

VerifiedFMCSA · 07/07/2026

CompanyGREAT AMERICAN INSURANCE CO.

Policy #E383218

Last checked09/25/2026

Quick Facts

StatusActive

TypeBroker

Operating30 years

Safety & Inspection Data

Crash Summary

Total Crashes (24-mo)0

Fatal0

Injury0

Tow-Away0

Driver Inspections

Total0

Out of Service0

OOS Rate0.0%

National Avg5.5%

Vehicle Inspections

Total0

Out of Service0

OOS Rate0.0%

National Avg20.7%

Licensing & Insurance

Form	Type	Insurance Company	Policy	Coverage	Effective	Cancel Date	Method
84	SURETY	LEXON INSURANCE COMPANY	1096703	$0	10/01/2013	07/01/2019	Replaced
85	TRUST FUND	OASIS CAPITAL INCORPORATED	24550	$0	08/19/2003	07/21/2007	Replaced
85	TRUST FUND	OASIS CAPITAL INCORPORATED	24550	$0	08/19/2003	08/31/2007	Cancelled
84	SURETY	PEERLESS INSURANCE CO.	NONE	$0	08/16/1996	08/19/2003	Replaced
84	SURETY	SELECTIVE INSURANCE COMPANY OF AMERICA	B 1039979	$0	07/21/2007	10/01/2013	Cancelled
84	SURETY	GREAT AMERICAN INSURANCE CO.	E383218	$0	07/01/2019	07/01/2019	Replaced
84	SURETY	GREAT AMERICAN INSURANCE CO.	E383218	$0	07/01/2019	07/01/2019	Replaced
84	SURETY	GREAT AMERICAN INSURANCE CO.	E383218	$0	07/01/2019	08/08/2019	Cancelled
84	SURETY	GREAT AMERICAN INSURANCE CO.	E383218	$0	07/01/2019	07/01/2019	Replaced
84	SURETY	GREAT AMERICAN INSURANCE CO.	E383218	$0	07/01/2019	08/14/2020	Cancelled
84	SURETY	GREAT AMERICAN INSURANCE CO.	E383218	$0	07/01/2019	07/01/2019	Replaced
84	SURETY	GREAT AMERICAN INSURANCE CO.	E383218	$0	07/01/2019	09/01/2021	Cancelled

No active insurance policies.

Docket	Type	Action	Served	Disposition	Disp Date
MC308643	PROPERTY BROKER	GRANTED	09/19/1996	-	-
MC308643	BROKER	INVOLUNTARY REVOCATION	09/04/2013	DISCONTINUED REVOCATION	10/02/2013
MC308643	BROKER	INVOLUNTARY REVOCATION	08/06/2007	DISCONTINUED REVOCATION	08/14/2007
MC308643	BROKER	INVOLUNTARY REVOCATION	08/05/2021	DISCONTINUED REVOCATION	08/23/2021
MC308643	BROKER	INVOLUNTARY REVOCATION	07/20/2020	DISCONTINUED REVOCATION	07/31/2020
MC308643	BROKER	INVOLUNTARY REVOCATION	07/12/2019	DISCONTINUED REVOCATION	07/15/2019

No revocation records.

Stay ahead of changes

You are checking GREAT AMERICAN INSURANCE CO. today. We can keep watching them for you.

Authority gets revoked, insurance lapses, and a company that looks clean today can change overnight. Create an account, add this company to your list,
and the moment their authority, insurance, safety or contact details change, you see it on your dashboard, or get it by email with Pro.

Add them to your list

Keep this company and every partner you vet in one place you can come back to.

Get a change alert

The moment authority, insurance or safety status moves, you hear about it first.

See the full history

Trust Score over time and the complete authority and insurance timeline, not just today.

98/100

Excellent

VERIFIED

Every carrier starts at 100. We subtract points for each missing requirement or risk factor below. Verified means all four core requirements pass.

Score breakdown, from 100 to 98

Starts at 100−2 totalFinal 98

No email address on file−2

Verification, 4 core requirements

Active operating authority

FMCSA shows the USDOT registration and authority are active.

Active broker authority

Holds active broker authority.

Broker bond (BMC-84) on file

Active broker authority on file, FMCSA requires a BMC-84 surety bond ($75K) to keep it active.

Safety rating not Unsatisfactory

No Unsatisfactory rating on file.

What's lowering this score

-2

No email address on file

No public email address on record.

How we calculate the Trust Score

Every company starts at 100

We subtract points for each missing requirement or risk factor. Verified means all the core requirements for that company's type pass. Nothing is added back, the score is a deduction model built only on public FMCSA data. No pay-to-play, no opinions.

Requirements differ by company type

Each company is judged fairly on its own FMCSA obligations. Anything that doesn't apply shows as a grey N/A, not required, never a penalty.

Carrier (for-hire)

Operating authority, authorized-for-hire, insurance on file, safety rating.

Broker

Broker authority + $75k surety bond (BMC-84/85). MCS-150 not required (no fleet).

Freight forwarder

FF authority + $75k bond + BOC-3. MCS-150 not required (no trucks).

Private carrier

Active USDOT + MCS-150 + safety. No operating authority / for-hire / insurance filing required (hauls its own goods).

Crashes are scaled, not flat

Crash history is proportional. We don't apply a flat penalty, we scale it to (a) crashes per vehicle in the fleet and (b) the share of those crashes that were fatal. So a big, safe fleet barely moves; a small fleet with many (and fatal) crashes takes a large hit.

0 pts deductedscaled by rate & severityup to −28 pts

Low end

50,000 vehicles + 1 crash → ~0 pts. A huge fleet with very few crashes per vehicle is almost untouched.

High end

5 vehicles + 3 crashes incl. fatal → large deduction (near the −28 cap). Many crashes per truck, fatal-heavy.

Mechanics: deduction is capped at 28 points, weighted roughly 60% on crashes-per-vehicle and 40% on the fatal ratio. Zero crashes = zero deduction. If fleet size is unknown, only crash severity can move the score (conservative).

Out-of-service rate vs. the national average

Driver and vehicle out-of-service rates are measured against the FMCSA national average, not a flat number. A company only takes the deduction when it sits above the national benchmark, for example “Vehicle OOS 37% vs national avg 20.7%”.

Point reference, the full menu

Every factor and exactly how many points it can remove. Knockout factors (they also fail Verification) are marked.

Factor	Points
USDOT / authority not active with FMCSA knockout	−25
Missing operating authority (when required) knockout	−15
No insurance or surety bond on file (when required) knockout	−25
Unsatisfactory safety rating knockout	−30
Conditional safety rating	−12
MCS-150 biennial update overdue (carriers)	−10
Crashes, rate-adjusted (per-vehicle & fatal share)	0 to −28
Driver OOS rate above national average	−5
Vehicle OOS rate above national average	−5
Very new carrier (under 1 year)	−10
Limited operating history (1-3 years)	−6
Moderate operating history (3-5 years)	−3
Operating history unknown	−3
No public phone number	−3
No public email address	−2

All inputs come from public FMCSA records (operating authority, insurance/bond filings, the SAFER/SMS safety profile, crash & inspection reports). If FMCSA updates a record, the score updates with it. For the full deduction table, see the methodology page.

SOVEREIGN FREIGHT BROKERS INC

Trust Score

Company Information

Contact Details

Broker Surety Bond FMCSA BMC-84/85

Other Companies at This Address

Operating Authorities

Safety Summary

Insurance

Quick Facts

Safety & Inspection Data

Licensing & Insurance

You are checking GREAT AMERICAN INSURANCE CO. today. We can keep watching them for you.

Add them to your list

Get a change alert

See the full history