Practice Test Geeks(TRIP) Transportation Risk and Insurance Professional Practice Test
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Documentation & Legal Requirements Flashcards

7 cards from real TRIP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Documentation & Legal Requirements flashcards as text

  1. What is the primary purpose of the MCS-90 endorsement attached to a motor carrier's insurance policy?

    Answer: It certifies minimum public liability coverage to satisfy federal financial responsibility requirements

    The MCS-90 is a mandatory endorsement that ensures the public can collect for bodily injury and property damage caused by the carrier even if policy conditions would otherwise allow the insurer to deny the claim.

  2. What minimum public liability insurance is required by FMCSA for a for-hire motor carrier hauling general freight (non-hazmat) in vehicles over 10,001 lbs in interstate commerce?

    Answer: $750,000

    FMCSA regulations (49 CFR Part 387) require a minimum of $750,000 in public liability coverage for for-hire carriers transporting non-hazardous general commodities in vehicles over 10,001 lbs.

  3. The BMC-84 form filed with the FMCSA is associated with which regulated entity?

    Answer: Property freight brokers filing a surety bond

    The BMC-84 is the surety bond form used by property freight brokers and freight forwarders to satisfy the $75,000 financial security requirement mandated by MAP-21.

  4. Under the Unified Carrier Registration (UCR) agreement, where do interstate motor carriers register and pay their annual fees?

    Answer: In their state of domicile (base state)

    Under UCR, carriers register in their state of domicile (or a designated state if their state does not participate), and fees collected are distributed to participating states.

  5. How long must a motor carrier retain accident registers under FMCSA regulations (49 CFR Part 390)?

    Answer: 3 years from the date of each accident

    FMCSA regulations require motor carriers to maintain accident registers for a minimum of three years from the date of each recordable accident.

  6. Which FMCSA form (BMC-91 or BMC-91X) must a motor carrier file to certify its public liability insurance or surety bond to obtain or maintain operating authority?

    Answer: BMC-91 for insurance; BMC-91X for a surety bond

    BMC-91 is the certificate filed by an insurer on behalf of the carrier to certify insurance coverage, while BMC-91X is filed by a surety company to certify a surety bond.

  7. Under the International Fuel Tax Agreement (IFTA), carriers are required to retain fuel tax records for a minimum of:

    Answer: 4 years

    IFTA requires carriers to retain fuel purchase records, trip reports, and distance records for four years, as audits can cover prior quarters within that window.