FMCSA Licensing and Insurance
The Basics of FMCSA Licensing and Insurance
If you're confused how FMCSA licensing and insurance policies function, you're not alone. Many motor carriers struggle to keep up with FMCSA licensing and insurance regulations. That’s when those carriers turn to us. Welcome to FMCSARegistration.com. We are the number one third-party FMCSA registration service in the US. Our mission is simple. Want to empower all trucking companies to succeed while saving them time and money. Please read the information below to learn about FMCSA licensing and insurance rules. If you have any questions, do not hesitate to give us a call right away.
The Requirements of For-Hire Motor Carriers
Let’s jump right into the basic FMCSA licensing and insurance requirements. The licensing and insurance requirements can vary for carriers transporting cargo. It depends on which state you’re operating in and the goods that you're hauling. Please call our organization right now if your carrier transports cargo or items. Within minutes, our FMCSA registration team can assess all basic information. Then, we can figure out the exact licensing and insurance rules that apply to your business.
The requirements of for-hire and interstate motor carriers with passengers are more straightforward. FMCSA insurance rules apply to all for-hire motor carriers with passengers. These are vehicles operating under interstate commerce licensing. The numbers written below refer to the minimum amount of insurance that's required. Each figure correlates to a specific United States law that the FMCSA enforces.
Say that your motor vehicle's designed to transport at least sixteen passengers. (Including the driver of the vehicle.) You must have an insurance policy with at least $5,000,000 of coverage. Now, say that your vehicle’s designed to transport fifteen or fewer people. (This also includes the driver.) Your carrier must have a minimum of $1,500,000 in an insurance policy. Again, these financial numbers refer to official FMCSA and DOT licensing policies. They apply to all interstate for-hire motor carriers that transport passengers.
Operating Authority Registration
Your motor carrier must know the basics of FMCSA Operating Authority registration. Almost all for-hire carriers have to secure Operating Authority through MC Numbers. Sure, authority applies to carriers that transport passengers for compensation. But it is also for any interstate carrier that transports items or goods. In fact, even most intrastate carriers must have FMCSA Operating Authority. The key to securing authority is to have an active MC Number. Feel free to check out the MC Number registration page on our website. Or, you can call us right now to order your MC Number over the phone.
Almost all for-hire passenger carriers need Operating Authority licensing through the FMCSA. This applies whether your carrier receives compensation on a direct or indirect basis. Either way, you still need FMCSA authority licensing to provide transportation services. You will also need authority licensing even if your passengers do not pay you. Or, if your carrier has non-profit licensing status. All interstate commerce motor vehicles are subject to FMCSA authority licensing. You must complete authority registration unless you only operate in a commercial zone. If that is the case, your trucking company can receive an FMCSA licensing exemption. Speaking of exemptions, let’s now go over FMCSA insurance exceptions.
Carrier Requirement Exceptions
There are some FMCSA exceptions to the agency’s insurance requirements. But chances are, the following exceptions will not apply to your trucking business. The first insurance exception is for vehicles only transporting children to/from school. Here is another insurance exception from the FMCSA. First, say that your vehicle provides a taxi cab service through licensing. Second, your vehicle can seat fewer than seven people. Third, the vehicle does not operate on a consistent route. Does your vehicle meet all three of these exceptions? If so, you do not have to meet the FMCSA’s minimum insurance requirements.
Let’s go over another insurance exception from the FMCSA. Does your motor vehicle transport fewer than sixteen people in a single round trip? Plus, do you commute to and from work in this vehicle? If so, you can receive an insurance exception from the FMCSA. The only other potential insurance exception applies to transporting students. This means that a driver transports students on extracurricular trips. Are these trips sponsored, organized, and paid for by a specific school district? If so, that is another key FMCSA insurance exception. As you can see, the FMCSA does not grant many insurance exceptions. That's why almost all US carriers must meet specific FMCSA insurance licensing standards. Otherwise, a trucking company could receive DOT and FMCSA fines and penalties.
Operating Authority Registration Vetting
The FMCSA is strict when it comes to vetting Operating Authority licensing. That’s why all carriers must have the right FMCSA and DOT registration at all times. Let’s use Operating Authority vetting for passenger carriers as an example. Say this type of carrier registers as an official FMCSA motor carrier with authority. The FMCSA will then conduct a thorough licensing investigation. This way, the agency can figure out if the carrier is fit to perform all involved operations. Plus, the FMCSA will check to see if all licensing and registration is complete.
This licensing and vetting process takes place before the FMCSA grants Operating Authority. The FMCSA will also check to ensure that a carrier has the right level of liability insurance. Without the correct liability insurance, a carrier cannot register for Operating Authority. Carriers have to use the Unified Registration System (URS) to register for authority. Please contact our organization if you need help licensing Operating Authority. Our experts can get your motor carrier registered with the FMCSA right away. Also, we can make sure that your business has the right level of trucking insurance. Without an exact amount of insurance coverage, the FMCSA could apply massive fines.
More Information About Trucking Company Filing Requirements
Filing a licensing application for Operating Authority is not the only needed action. Your trucking company must also adhere to specific insurance filing requirements. FMCSA insurance regulations apply to almost all motor carriers and freight forwarders. Even the majority of broker authorities have to follow insurance licensing policies. The key is for these entities to have BOC-3 registration on file with the FMCSA. BOC-3 registration involves setting up process agents in every state a carrier operates. Without process agents in place, the FMCSA will not issue Operating Authority. Does your carrier need to file cargo or liability insurance forms? Only the home office of your insurance company can provide them to the FMCSA. The FMCSA never finishes any copies of these types of insurance forms.
The exact rules for BOC-3 process agent insurance filings vary. They're based on certain types of FMCSA registrations involved. Please contact our organization today if you need a list of pre-registration forms. Our experts can provide an explanation of the type of insurance an agent must file. All FMCSA first-time applicants must use the Unified Registration System (URS). This became an official FMCSA licensing policy on December 12, 2015. Now, say your carrier is an existing FMCSA authority- or registration-holder. Your business can apply for licensing authorities by filing OP-series forms. Do you have questions about this FMCSA licensing process? If so, please contact the FMCSARegistration.com team right now. We can provide details so your carrier keeps up with insurance and licensing policies.
How To File Through the Federal Motor Carrier Safety Administration
Filing insurance and licensing information with the FMCSA is not the easiest process. The Federal Motor Carrier Safety Administration has all sorts of rules and regulations. But you are not in this alone. Our organization is here for you and your trucking company at all times. Feel free to call us about any issue related to filing insurance and licensing documents. Your carrier must get prepared to contact BOC-3 process agents right away. Then, each process agent can request that certain forms get filed with the FMCSA. The FMCSA has to receive every filing within a ninety day window. That time frame begins once the FMCSA publishes a public notice. This refers to a public notice of intention for FMCSA registration of an applicant.
Next, your carrier will receive a licensing letter from the FMCSA. The licensing letter will feature a docket number. Plus, the licensing letter will also have the date of publication for the FMCSA Register. Each applicant must ensure that the address and name of the business is correct. Make sure that information matches your pre-registration FMCSA filings. Then, check to see that the information also matches your Operating Authority filings. If there is an error in your licensing application, the FMCSA will reject your filings. Once again, please give our organization a call if you need help filing through the FMCSA. Our FMCSA insurance and licensing division is standing by to assist you. We won’t rest until you meet every single FMCSA insurance and licensing policy.
Questions About Registration for Your Trucking Business? Call Us Now
If you have questions about FMCSA insurance and licensing policies, please call us. Our trucking authority experts can walk you through every step in the process. Plus, we can file any USDOT or FMCSA registration that you need. As a result, your carrier can save time and money. We know how complicated FMCSA insurance and licensing rules are. That’s why our team is here for you around the clock. We’re going to help ensure that your business always has DOT and FMCSA compliance.