MCS-90 Endorsement - Trucking Insurance
Every driver should understand the MCS-90 endorsement attached to their trucking insurance policy. Proving that you are in compliance with the FMCSA insurance regulations is a requirement of this endorsement.
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.
The MCS-90 does not make the insurance provider liable to pay for injuries that result from an accident. There is also no coverage for your cargo.
You may have to reimburse your insurance provider if you file a claim and have an MCS-90 Endorsement. This endorsement holds you responsible for certain types of damages, and if your trucking insurance policy states that your provider is liable for the same damages and they pay out for a claim related to these damages, then the endorsement holds you responsible to reimburse the provider.
Insurance policies have the capability to contain numerous kinds of coverage. Take the time necessary to review your policy and determine what types of coverage you have. After doing so, make certain that you understand how your MCS-90 will relate to each of these types of coverage.
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.
If you have any questions about your policy or the MCS-90 Endorsement get hold of an insurance broker. Brokers will be very knowledgeable in the requirements and responsibilities associates with trucking insurance. - 23211
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.
The MCS-90 does not make the insurance provider liable to pay for injuries that result from an accident. There is also no coverage for your cargo.
You may have to reimburse your insurance provider if you file a claim and have an MCS-90 Endorsement. This endorsement holds you responsible for certain types of damages, and if your trucking insurance policy states that your provider is liable for the same damages and they pay out for a claim related to these damages, then the endorsement holds you responsible to reimburse the provider.
Insurance policies have the capability to contain numerous kinds of coverage. Take the time necessary to review your policy and determine what types of coverage you have. After doing so, make certain that you understand how your MCS-90 will relate to each of these types of coverage.
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.
If you have any questions about your policy or the MCS-90 Endorsement get hold of an insurance broker. Brokers will be very knowledgeable in the requirements and responsibilities associates with trucking insurance. - 23211
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