What Is An Mc 90 Insurance Form
The mcs 90 endorsement requirements depend on three things.
What is an mc 90 insurance form. The mcs 90 is an endorsement serving as proof of this coverage that companies must have in order to stay compliant. Mcs 90 does not constitute insurance for one very important reason. 01 31 2020 form mcs 90 page 2 of 3. A motor carrier is a company that transports passengers or cargo for pay.
Form mcs 90 endorsement for motor carrier policies of insurance for public liability under sections 29 and 30 of the motor carrier act of 1980 mcs 90 8 3 2020 508 pdf about this form. The mcs 90 is not an actual insurance policy. It merely confirms is proof that you have the insurance you need in the case of an accident in which you re at fault. The insurance policy to which this endorsement is attached provides automobile liability insurance and is amended to assure compliance by the insured within the limits stated herein as a motor carrier of property with sections 29 and 30 of the motor.
And interstate commerce means doing business that crosses state lines. The insurance company issuing the mcs 90 has the right to recover subrogate from the motor carrier any payment made as a direct consequence of the provisions of the form. An endorsement is insurance company speak for an add on to a standard insurance policy. The mcs 90 form is issued by insurance companies and therefore isn t required of motor carriers that self insure.