Financial responsibility, minimum levels
| Currency | Current through May 31, 2023 |
| Citation | 49 C.F.R. §387.9 |
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1 firm's commentaries
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InterConnect - Winter/Spring 2015
...of the public in the event of a crash, or carriers and shippers against dishonest and financially unstable brokers. Currently, 49 C.F.R. § 387.9 requires freight motor carriers greater than 10,000 pounds to obtain insurance in the amount of $750,000, $1 million or $5 million, depending on t......