| Despite the setbacks presented by the skyrocketing | | | | but for the load as well. It is advised that the names |
| prices of diesel and other petroleum products, the | | | | of the company and owners submitted in previous |
| trucking industry is still reaping profits. Even if gas | | | | trucking papers match the ones provided in their |
| rates have pushed past the ceiling, companies and | | | | trucking insurance papers to avoid dismissal of |
| other enterprises still need trucks and rigs to get | | | | insurance applications. |
| their merchandises delivered to their destinations. | | | | Depending on the line of their trucking business, |
| Joining the trucking industry at this time is quite a | | | | trucking insurance requirements for passenger, |
| risky move, to say the least, but trucks and big rigs | | | | property, and freight trucking and transportations |
| and wheelies are still very necessary for most | | | | vary. Companies from the said fields are instructed to |
| businesses. | | | | file a BMC-91 or BMC-91X form, otherwise known as |
| Creating a trucking business and obtaining trucking | | | | the Public Liability Insurance. If the vehicle to be |
| authority entails careful planning. Of course, there are | | | | operated has a gross vehicle weight rating (GVWR) |
| some federal regulations like getting a US Dot | | | | of 10,000 pounds or more to transport |
| Number and other regulations to comply with, | | | | non-hazardous commodities or hazardous |
| including trucking insurance. | | | | commodities, bodily injury and property damage |
| Businesses that involve vehicles for commercial | | | | (public liability) insurance must be maintained. |
| purposes, when the nature of their operation includes | | | | The said insurance covers bodily injury, property |
| ferrying passengers or hauling cargo in interstate | | | | damage, and environmental restoration. Trucking |
| business affairs and arrangements, trucking and | | | | companies that cater to passengers are covered by |
| logistics included, are required to register with the | | | | as much as $5 million; $1.5 million for those that seat |
| Federal Motor Carrier Safety Association (FMCSA). | | | | 15 or less passengers. Freight companies are insured |
| The application for a US Dot number is of strict | | | | from $750,000 to $5 million, depending on the cargo |
| adherence because of its relative importance in | | | | they are transporting. |
| future dealings such as auditing, crash investigations, | | | | Aside from the BMC-91 or BMC-91X form and a US |
| accidents, and inspections. The US Dot number is the | | | | Dot Number, motor carriers and freight forwarded |
| vehicle’s unique identifier and in some states, the | | | | should apply for BMC-34, otherwise known as cargo |
| registration for such number is needed to finish a | | | | insurance. Cargo insurance covers $5,000 per vehicle |
| commercial vehicle registration process. The following | | | | for motor carriers and $10,000 per occurrence. |
| states require registration of a US Dot number: | | | | Freight brokers, on the other hand, can either file a |
| • Alabama | | | | BMC-84 or BMC-85, known as surety bond and |
| • Alaska | | | | private trust agreement respectively, both of which |
| • Arizona | | | | can cover a trucking company for as much as |
| • Colorado | | | | $10,000. |
| • Florida | | | | All Motor Carriers, Brokers, Freight Forwarders must |
| • Georgia | | | | also file a Unified Carrier Registration (UCR). |
| • Iowa | | | | Hazardous Materials Carriers must file and maintain a |
| • Kansas | | | | Hazardous Materials Registration Statement. |
| • Kentucky | | | | Other documents required by the FMCSA for |
| • Maine | | | | trucking authority and legitimization of transport and |
| • Michigan | | | | trucking operations include an excellent line of |
| • Minnesota | | | | arbitration and safety audits from the FMCSA’s |
| • Missouri | | | | official auditors for new trucking firms that will be |
| • New York | | | | conducted within the firm’s first 18 months of |
| • Ohio | | | | operations, which includes the following: |
| • Oklahoma | | | | • Driver Qualifications; |
| • Oregon | | | | • Driver Duty Status; |
| • South Dakota | | | | • Vehicle Maintenance; |
| • Tennessee | | | | • Accident Register; and |
| • Utah | | | | • Controlled Substances and Alcohol use and |
| • Washington | | | | testing requirements. |
| • West Virginia | | | | Non-compliance of the registration requirements and |
| • Wisconsin | | | | other regulations of the FMCSA may lead to the |
| • Wyoming. | | | | cancellation of a trucking company’s registration |
| All authorized for-hire Motor Carriers of non-exempt | | | | for trucking authority and legitimization. In some |
| property and passengers, Brokers, and Freight | | | | instances, FMCSA deems a non-adhering trucking |
| Forwarders based in the U.S. or Canada must obtain | | | | company as ‘inactive’ or ‘out of |
| Operating Authority before they can begin interstate | | | | service.’ |
| operations in the United States. | | | | Trucking companies whose status are marked as |
| Trucking firms may be required to apply for both US | | | | ‘inactive’ or ‘out of service’ and |
| Dot Number and interstate trucking operating | | | | continue to maintain operations are violating federal |
| authority. This depends on the line of the trucking | | | | regulations. Aside from legal detention, company |
| business (forwarder, shipper, and motor carrier | | | | owners and truck drivers who go beyond the |
| among others) and the materials to be transported | | | | premise of FMCSA’s regulations are also subject |
| (non-hazardous materials, hazardous substance, | | | | to suspensions, detention, and monetary penalties. |
| property, and passengers). | | | | Other repercussions include civil and criminal charges |
| On top of this, trucking firms and companies still have | | | | for those who continue their trucking operations |
| to acquire trucking insurance as mandated by federal | | | | despite a suspended or cancelled license or trucking |
| regulations. Transportation and trucking insurance acts | | | | authority. |
| like life safety nets not just for the trucks and rigs, | | | | |