MLchartDataset catalogue

MCS-90 endorsement (MCS-90)

Term · Insurance and risk management · MLC-T-INS-002151

A mandatory endorsement attached to liability insurance policies for motor carriers, guaranteeing that the insurer will pay judgments against the insured for public liability, property damage, and environmental restoration. This endorsement is required by the Federal Motor Carrier Safety Administration (FMCSA) to protect the public from financial harm caused by commercial vehicles. It provides minimum coverage limits, regardless of policy exclusions or conditions between the insurer and the insured.

Table 1. Record
IdentifierMLC-T-INS-002151
FieldInsurance and risk management
AbbreviationMCS-90
Record as JSON 
{
  "id": "MLC-T-INS-002151",
  "term": "MCS-90 endorsement (MCS-90)",
  "field": "Insurance and risk management",
  "definition": "A mandatory endorsement attached to liability insurance policies for motor carriers, guaranteeing that the insurer will pay judgments against the insured for public liability, property damage, and environmental restoration. This endorsement is required by the Federal Motor Carrier Safety Administration (FMCSA) to protect the public from financial harm caused by commercial vehicles. It provides minimum coverage limits, regardless of policy exclusions or conditions between the insurer and the insured.",
  "abbreviation": "MCS-90",
  "url": "https://mlchart.com/terminology/insurance/mcs-90-endorsement-mcs-90/"
}

Record 2,130 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.