Attached to your trucking liability policy is a MCS-90 endorsement. To make sure that you are fully protected there are some things about this endorsement that you should understand. The MCS-90 endorsement requires that you show proof that your policy is in compliance with the regulations of the FMCSA.
Having at least a specific limit of coverage is a requirement of meeting the FMCSA regulations. While the MCS-90 Endorsement is to be given only when you are in compliance with these regulations, receiving it is not a warranty that you are in compliance. It is the responsibility of the driver to make sure that he has the appropriate limits of coverage, not the provider.
Expenses because of injury or death caused by an accident are not the responsibility of your insurance company just because you have an MCS-90 Endorsement. It is also important to understand that this attachment does not offer any coverage for the cargo either.
You could be responsible to reimburse your insurance provider if you have to file a claim. Part of the MCS-90 Endorsement is you promising to be responsible for certain types of damage. If your insurance policy holds your provider for the same damages, then the endorsement holds you liable to pay your provider back for these expenses.
There will be many different types of insurance coverage contained in your insurance policy. Make sure that you take the time to understand what each of these types cover, and how they in turn relate to your MCS-90 Endorsement.
Before you are in an accident you should take the time to understand how your policy works and what it covers. If you wait until you are in an accident you will cause yourself more stress because you will have to do research or ask questions about your coverage during that stressful time.
While reviewing your policy, if you have any questions contact an insurance broker. Brokers work with many different forms of insurance coverage, and are knowledgeable in the endorsements and attachments associated with trucking insurance. - 15790
Having at least a specific limit of coverage is a requirement of meeting the FMCSA regulations. While the MCS-90 Endorsement is to be given only when you are in compliance with these regulations, receiving it is not a warranty that you are in compliance. It is the responsibility of the driver to make sure that he has the appropriate limits of coverage, not the provider.
Expenses because of injury or death caused by an accident are not the responsibility of your insurance company just because you have an MCS-90 Endorsement. It is also important to understand that this attachment does not offer any coverage for the cargo either.
You could be responsible to reimburse your insurance provider if you have to file a claim. Part of the MCS-90 Endorsement is you promising to be responsible for certain types of damage. If your insurance policy holds your provider for the same damages, then the endorsement holds you liable to pay your provider back for these expenses.
There will be many different types of insurance coverage contained in your insurance policy. Make sure that you take the time to understand what each of these types cover, and how they in turn relate to your MCS-90 Endorsement.
Before you are in an accident you should take the time to understand how your policy works and what it covers. If you wait until you are in an accident you will cause yourself more stress because you will have to do research or ask questions about your coverage during that stressful time.
While reviewing your policy, if you have any questions contact an insurance broker. Brokers work with many different forms of insurance coverage, and are knowledgeable in the endorsements and attachments associated with trucking insurance. - 15790
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