← Back to Search

VALIDATED

CORBETT FARMING COMPANY

Trust Score

Excellent Why this score?

Company CheckCORBETT FARMING COMPANY · DOT 530410

DBA: CFC

1200 CASTLE HAYNE ROAD, WILMINGTON, NC, 28402-8885

DOT# 530410 MC# 265329 Wilmington, North Carolina 33 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)

$750,000

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 Address1200 CASTLE HAYNE ROAD, WILMINGTON, NC, 28402-8885

Mailing AddressPO BOX 210, WILMINGTON, NC, 28402-0210

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 · 06/03/2026

Required$75,000 (FMCSA min)

Last checked09/24/2026

TypeSurety Bond (BMC-84)

Surety / TrusteeAMERICAN ALTERNATIVE INSURANCE CORPORATION

Contact☎ (609) 243-4200
🌐 munichre.com

Filings on record2

Bond history

AMERICAN ALTERNATIVE INSURANCE CORPORATIONsince Oct 1, 2013 · active

AMERICAN ALTERNATIVE INSURANCE CORPORATIONJul 2013 to Oct 2013 · replaced

WACHOVIA BANK OF NORTH CAROLINAJun 1993 to Jul 2013 · replaced

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

Watch this broker

Operating Authorities

Authority TypeAUTHORIZED FOR HIRE;OTHER-BROKERAGE ONLY

Carrier OperationC - Intrastate (Non-Hazmat)

DocketMC265329

CommonInactive

ContractInactive

BrokerActive

Operating33 years

Operation Classification

Authorized For Hire

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$750,000

Type91X

VerifiedFMCSA · 06/03/2026

CompanyTHE FIRST LIBERTY INSURANCE CORPORATION

Policy #AS6-Z91-526900-10

Last checked09/24/2026

Quick Facts

StatusActive

TypeBroker

Operating33 years

MCS-15002/2023

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
91X	BIPD/Primary	CANAL INSURANCE CO.	296779	$1,000,000	08/25/1994	04/12/1995	Cancelled
84	SURETY	AMERICAN ALTERNATIVE INSURANCE CORPORATION	2013120045	$0	07/01/2013	10/01/2013	Replaced
85	TRUST FUND	WACHOVIA BANK OF NORTH CAROLINA		$0	06/08/1993	07/01/2013	Replaced
91X	BIPD/Primary	EMPIRE FIRE & MARINE INSURANCE CO.	CL474269	$1,000,000	04/12/1995	07/10/1995	Cancelled
34	CARGO	TRAVELERS PROPERTY CASUALTY CO. OF AMERICA	QT-660-6059B012	$0	01/25/2005	02/10/2007	Cancelled
34	CARGO	ST. PAUL FIRE & MARINE INSURANCE CO.	IM03202997	$0	01/25/2004	01/12/2005	Replaced
34	CARGO	ST. PAUL FIRE & MARINE INSURANCE CO.	IM03202997	$0	01/12/2005	01/25/2005	Replaced
91X	BIPD/Primary	THE FIRST LIBERTY INSURANCE CORPORATION	AS6-Z91-526900-01	$750,000	01/01/2013	01/01/2013	Replaced
91X	BIPD/Primary	WAUSAU UNDERWRITERS INSURANCE COMPANY	ASJZ9152690010	$750,000	01/01/2011	01/01/2013	Replaced
91X	BIPD/Primary	EMPLOYERS INSURANCE OF WAUSAU, A MUTUAL CO.	ASCY91526900018	$750,000	01/01/2008	01/01/2011	Replaced
91X	BIPD/Primary	WAUSAU UNDERWRITERS INSURANCE COMPANY	ASJY915426900016	$750,000	01/01/2006	01/01/2008	Replaced
91X	BIPD/Primary	WAUSAU UNDERWRITERS INSURANCE COMPANY	ASJY91526900014	$1,000,000	01/01/2004	01/01/2006	Replaced
34	CARGO	WAUSAU UNDERWRITERS INSURANCE COMPANY	1420 02 096602	$0	01/01/1999	12/23/2004	Cancelled
91X	BIPD/Primary	WAUSAU UNDERWRITERS INSURANCE COMPANY	1426 02 096602	$1,000,000	01/01/1995	01/01/2004	Replaced

No active insurance policies.

Docket	Type	Action	Served	Disposition	Disp Date
MC265329	MOTOR PROPERTY CONTRACT CARRIER	GRANTED	09/30/1993	REVOKED	06/21/2010
MC265329	PROPERTY BROKER	GRANTED	08/26/1993	REVOKED	06/21/2010
MC265329	CONTRACT	INVOLUNTARY REVOCATION	07/10/1995	DISCONTINUED REVOCATION	09/14/1995
MC265329	MOTOR PROPERTY CONTRACT CARRIER	REINSTATED	06/24/2010	REVOKED	01/22/2014
MC265329	PROPERTY BROKER	REINSTATED	06/24/2010	-	-
MC265329	BROKER	INVOLUNTARY REVOCATION	04/29/2021	DISCONTINUED REVOCATION	06/08/2021
MC265329	CONTRACT	INVOLUNTARY REVOCATION	04/12/1995	DISCONTINUED REVOCATION	05/04/1995

No revocation records.

Stay ahead of changes

You are checking WACHOVIA BANK OF NORTH CAROLINA 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.

100/100

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

100, no deductions

Clean record, the bar stays full at 100.

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

Insurance coverage and carrier are on file with FMCSA.

Safety rating not Unsatisfactory

No Unsatisfactory rating on file.

What's lowering this score

Clean record, no deductions. This carrier starts and stays at 100.

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.

CORBETT FARMING COMPANY

Trust Score

Company Information

Contact Details

Broker Surety Bond FMCSA BMC-84/85

Operating Authorities

Operation Classification

Safety Summary

Insurance

Quick Facts

Safety & Inspection Data

Licensing & Insurance

You are checking WACHOVIA BANK OF NORTH CAROLINA today. We can keep watching them for you.

Add them to your list

Get a change alert

See the full history