Must a motor carrier obtain a new Form MCS-90 each year if it retains the same insurance company?

Part 387

Section § 387.15: Forms.

Question 4: Must a motor carrier obtain a new Form MCS-90 each year if it retains the same insurance company?

Guidance: If the insurance policy, as identified by the policy number on the Form MCS-90, is still...

Is the use of a printed or stamped signature on the Form MCS-90 endorsement acceptable?

Part 387

Section § 387.15: Forms.

Question 3: Is the use of a printed or stamped signature on the Form MCS-90 endorsement acceptable?

Guidance: Yes.

May the Form MCS-90 required by part 387 for proof of minimum financial responsibility be modified?

Part 387

Section § 387.15: Forms.

Question 2: May the Form MCS-90 required by part 387 for proof of minimum financial responsibility be modified?

Guidance: The prescribed text of the document may not be changed. However, the format (i.e., number...

May the motor carrier meet the financial responsibility requirements by aggregating insurance in layers?

Part 387

Section § 387.15: Forms.

Question 1: May the motor carrier meet the financial responsibility requirements by aggregating insurance in layers?

Guidance: Yes. A motor carrier may aggregate coverage, by purchasing insurance in layers with...

How does a Mexican motor carrier demonstrate that its insurance company complies with §387.11?

Part 387

Section § 387.11: State authority and designation of agent.

Question 1: How does a Mexican motor carrier demonstrate that its insurance company complies with §387.11?

Guidance: With a properly executed Form MCS-90 from an insurance...

What level of insurance is required for a carrier operating a multi-compartment cargo tank that is transporting a hazardous substance, where each compartment is less than 3,500 water gallon capacity, and the total capacity is greater than 3,500 water gall

Part 387

Section § 387.9: Financial responsibility, minimum levels.

Question 4: What level of insurance is required for a carrier operating a multi-compartment cargo tank that is transporting a hazardous substance, where each compartment is less than 3,...

What is the definition of a "hopper type" vehicle as indicated in §387.9?

Part 387

Section § 387.9: Financial responsibility, minimum levels.

Question 3: What is the definition of a "hopper type" vehicle as indicated in §387.9?

Guidance: A "hopper type" vehicle is one which is capable of discharging its load through a...

Is a motor carrier transporting liquefied petroleum gas (LPG) in any quantity required to have $1,000,000 or $5,000,000 of financial responsibility coverage?

Part 387

Section § 387.9: Financial responsibility, minimum levels.

Question 2: Is a motor carrier transporting liquefied petroleum gas (LPG) in any quantity required to have $1,000,000 or $5,000,000 of financial responsibility coverage?

...

Is gasoline listed as a hazardous material, and, if so, what is the minimum level of financial responsibility currently required?

Part 387

Section § 387.9: Financial responsibility, minimum levels.

Question 1: Is gasoline listed as a hazardous material, and, if so, what is the minimum level of financial responsibility currently required?

Guidance: Gasoline is a listed...

Is the financial responsibility requirement met when an owner-operator (lessor) provides the motor carrier (lessee) a copy of the policy and Form MCS-90 where the carrier is named as an additional insured to the policy (Form MCS-90)?

Section § 387.7: Financial responsibility required.

Question 4: Is the financial responsibility requirement met when an owner-operator (lessor) provides the motor carrier (lessee) a copy of the policy and Form MCS-90 where the carrier is named as an additional...