Does the term “insured,” as used on Form MCS-90, Endorsement for Motor Carrier Policies of Insurance for Public Liability, or “Principal”, as used on Form MCS-82, Motor Carrier Liability Surety Bond, mean the motor carrier named in the endorsement or sure

Part 387

Section § 387.15: Forms.

Question 5: Does the term “insured,” as used on Form MCS-90, Endorsement for Motor Carrier Policies of Insurance for Public Liability, or “Principal”, as used on Form MCS-82, Motor Carrier Liability Surety Bond, mean the...

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...

Regulatory Guidance for Forms Used To Establish Minimum Levels of Financial Responsibility of Motor Carriers, 70 FR 58065

Federal Register Title and Cite

Regulatory Guidance for Forms Used To Establish Minimum Levels of Financial Responsibility of Motor Carriers, 70 FR 58065 (Oct. 5, 2005)

The Federal Register text can be found on the Federal Register website. To view the Federal...

Regulatory Guidance for Forms Used To Establish Minimum Levels of Financial Responsibility of Motor Carriers, 70 FR 58065

Description Regulatory Guidance on Insurance Forms

Federal Register Title and Cite

Regulatory Guidance for Forms Used To Establish Minimum Levels of Financial Responsibility of Motor Carriers, 70 FR 58065 (Oct. 5, 2005)

The Federal Register text can be...