Created to provide trucker industry coverages needs because BAP excludes businesses that haul goods for others.
Trailer Interchange Coverage
Legal liability coverage for damage to trailers owned by others caused by a covered peril. Collision, Comprehensive or Specified Cause of Loss.
Morot Carrier Coverage Form
Alternative to the truckers coverage form, described as an underwriting alternative for some carriers and may provide better coverage for some insureds.
Motor Carrier
Anyone who transports the property by auto in a commercial enterprise
Trucker
Someone engaged in the business of transporting property by auto for "hire"
Motor Carrier Act of 1980
Mandates trucking operators to file proof of pollution liability insurance.
Type 1 freight transport
For hire transportation of nonhazardous property. Must carry at least $750,000
Type 2 freight transport
For hire or private transportation of hazardous substances with a min limit of $5 million
Type 3 freight transport
For hire and private transportation of oil listed as a hazardous substance or any hazardous waste not included in Type 2 with a min limit of $1 million
Endoresment for Morot Carrier Policies of Insurance of Public Liability (MCS-90)
May be attached to a policy under which the motor carrier is insured against auto liability claims. 35 days notice of cancellation (30 if DOT)