MCS-90
Form MCS-90 is the form that the Federal Motor Carrier Safety Administration (FMCSA) requires be on file (often referred to as a filing) with them before they will grant an operating authority to an applicant seeking authority to operate as a for hire, motor carrier. The MCS-90 is filed by your insurance company as evidence that you have met the financial responsibility requirements of the FMCSA. Financial responsibility means having insurance policies or surety bonds sufficient to satisfy the minimum public liability requirements. Public liability means primary auto liability for bodily injury, property damage, and environmental restoration. Environmental restoration means restitution for the loss, damage, or destruction of natural resources arising out of an accidental discharge of toxic or other environmentally harmful materials or liquids.

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Medical Payments (MedPay) Coverage
MedPay is an optional insurance coverage that pays for reasonable and necessary medical and funeral expenses for covered persons. These expenses must be incurred as a result of an auto accident.

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Minimum Limit
A minimum limit is the least amount of insurance coverage required by state law. Sometimes also called statutory limits, minimum limit requirements or basic limits.

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Motor Carrier
A company that provides truck transportation. There are two types of motor carriers, private carriers and for-hire carriers.

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Motor Truck Cargo Insurance
An insurance policy that insures cargo in the care, custody, or control of a motor carrier.

Learn more about motor truck cargo insurance.

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Named Insured
The named insured is the name of the business or person who owns the insurance policy.

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No-Fault Insurance
A system of automobile insurance where a party who is injured in an automobile accident recovers damages up to a specific amount against his own insurance company regardless of who was responsible for the accident.

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Non-Trucking Liability Coverage
If you are on permanent lease to a motor carrier that supplies your primary auto liability coverage, non-trucking liability coverage protects you when you are using your scheduled vehicle for a personal, non-business related purpose.

Sometimes referred to as contingent auto liability coverage, or as "bobtail coverage" or "deadhead coverage," non-trucking liability coverage does not apply when the insured auto is being used to transport any goods or merchandise, nor while goods or merchandise are being loaded or unloaded.

Primary auto liability coverage must be retained from the motor carrier to cover you while you are operating your vehicle in a for-hire trucking capacity on behalf of the motor carrier.

Learn more about non-trucking liability insurance.

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Non-Owned Vehicle Liability Coverage
Non-owned vehicle coverage extends the coverage provided under the bodily injury liability coverage and property damage liability coverage of your policy to any vehicles not owned by you or your business that are used by any of your employees for business.

Learn more about non-owned vehicle liability insurance.

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Obligee
The person or entity that is owed an obligation.

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Occupational Accident Insurance
An occupational accident insurance policy provides coverage against medical expenses, lost wages, accidental death, and dismemberment that you may suffer as a result of an on the job accident.  (Occupational accident insurance is not workers' compensation insurance.)

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Occasional Driver
A person who is not the primary or principal driver of an insured vehicle is an occasional driver.

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On-Hook Towing Coverage
On-hook towing liability coverage provides physical damage coverage for a customer's auto or watercraft while you are towing it. The protection includes damage caused by fire, theft, explosion, vandalism or a collision.

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Owner Operator
A self-employed commercial truck driver or small business that operates trucks transporting goods of others under the authority of an authorized for-hire motor carrier.

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