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	<title>Transportation Insurance Blog &#187; FMCSA</title>
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		<title>New to Truck Driving? Here are some tid bits that you must know.</title>
		<link>http://royaltytruckinsurance.com/blog/2008/10/new-to-truck-driving-here-are-some-tid-bits-that-you-must-know/</link>
		<comments>http://royaltytruckinsurance.com/blog/2008/10/new-to-truck-driving-here-are-some-tid-bits-that-you-must-know/#comments</comments>
		<pubDate>Wed, 29 Oct 2008 23:28:01 +0000</pubDate>
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				<category><![CDATA[Bobtail Truck Insurance]]></category>
		<category><![CDATA[Commercial Truck Insurance]]></category>
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		<category><![CDATA[Tow Truck Insurance]]></category>
		<category><![CDATA[Truck Insurance]]></category>
		<category><![CDATA[FMCSA]]></category>
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		<category><![CDATA[truck driving]]></category>

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		<description><![CDATA[These tips coming from the US Department of Transportation. Reference:   Part 387 Minimum levels of financial responsibility for motor carriers Overview: The training module is designed to educate the executive staff of motor carrier companies on the FMCSA regulation on the minimum levels of necessary financial responsibility Purpose:  The purpose of these regulations is to [...]]]></description>
			<content:encoded><![CDATA[<p>These tips coming from the US Department of Transportation.<br />
Reference:   Part 387 Minimum levels of financial responsibility for motor carriers<br />
Overview: The training module is designed to educate the executive staff of motor carrier companies on the FMCSA regulation on the minimum levels of necessary financial responsibility<br />
Purpose:  The purpose of these regulations is to create incentives for motor carriers to maintain and operate their vehicles in a safe manner and to maintain an appropriate level of financial responsibility.<br />
Applicability:</p>
<p>Motor carriers operating motor vehicles transporting hazardous materials, hazardous substances or hazardous wastes. For-hire motor carriers operating motor vehicles transporting property in interstate or foreign commerce. For-Hire motor carriers transporting passengers in interstate or foreign commerce. Private motor carriers domiciled in Mexico transporting property in interstate or foreign commerce.<br />
Financial Responsibility: Having insurance policies or surety bonds sufficient to satisfy the minimum public liability requirements   { Royalty Truck Insurance can provide you with both.  You can receive a quote online <a  href="http://royaltytruckinsurance.com/?id=truck-insurance-quote">http://royaltytruckinsurance.com/?id=truck-insurance-quote</a> or call us at Toll Free: 1-866-989-8998 }<br />
Public Liability:  Public Liability means liability for bodily injury, property damage and environmental restoration.<br />
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<br />
Definitions of terms relating to FMCSA financial responsibility regulations can be seen at:<br />
<a  href="http://www.fmcsa.dot.gov/rulesregs/fmcsr/regs/387.5.htm">http://www.fmcsa.dot.gov/rulesregs/fmcsr/regs/387.5.htm</a><br />
and/or<br />
<a  href="http://www.fmcsa.dot.gov/rulesregs/fmcsr/regs/387.29.htm">http://www.fmcsa.dot.gov/rulesregs/fmcsr/regs/387.29.htm</a><br />
Requirements: Motor carriers must have at least the minimum amount of insurance required by law. A list of the minimum requirements can be seen at:<br />
<a  href="http://www.fmcsa.dot.gov/rulesregs/fmcsr/regs/387.9.htm">http://www.fmcsa.dot.gov/rulesregs/fmcsr/regs/387.9.htm</a><br />
and/or<br />
<a  href="http://www.fmcsa.dot.gov/rulesregs/fmcsr/regs/387.33.htm">http://www.fmcsa.dot.gov/rulesregs/fmcsr/regs/387.33.htm</a><br />
Proof:  Proof of financial responsibility shall be maintained at the motor carrier’s principle place of business. All vehicles operating in the U.S. must have a legible copy of the proof of the required financial responsibility.  All motor vehicle in which there is no evidence of financial responsibility shall be denied entry into the U.S.<br />
Examples of Proof:<br />
Form MCS-90<br />
Form MCS-82<br />
Form MCS-90B<br />
Form MCS- 82B<br />
For more information or clarification please call Royalty Truck Insurance 1-866-989-8998</p>
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