§ 387.33T - Financial responsibility, minimum levels.


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  • § 387.33T Financial responsibility, minimum levels.

    The Except as provided in § 387.27(b), the minimum levels of financial responsibility referred to in § 387.31 are hereby prescribed as follows:

    Schedule of Limits

    SCHEDULE OF LIMITS

    Public Liability

    For-hire motor carriers of passengers operating in interstate or foreign commerce.

    (1750000
    Vehicle seating capacity Effective dates
    Nov. 19, 1983 Nov. 19, 1985
    Minimum limits
    (a) Any vehicle with a seating capacity of 16 passengers or more$2,500,000, including the driver$5,000,000
    (2b) Any vehicle with a seating capacity of 15 passengers or less1 , including the driver1,500,000

    [82 FR 5307, Jan. 17, 2017[83 FR 22877, May 17, 2018]