49 C.F.R. § 387.323   Electronic filing of surety bonds, trust fund agreements, certificates of insurance and cancellations.


Title 49 - Transportation


Title 49: Transportation
PART 387—MINIMUM LEVELS OF FINANCIAL RESPONSIBILITY FOR MOTOR CARRIERS
Subpart C—Surety Bonds and Policies of Insurance for Motor Carriers and Property Brokers

Browse Previous

§ 387.323   Electronic filing of surety bonds, trust fund agreements, certificates of insurance and cancellations.

(a) Insurers may, at their option and in accordance with the requirements and procedures set forth in paragraphs (a) through (d) of this section, file forms BMC 34, BMC 35, BMC 36, BMC 82, BMC 83, BMC 84, BMC 85, BMC 91, and BMC 91X electronically, in lieu of using the prescribed printed forms.

(b) Each insurer must obtain authorization to file electronically by registering with the FMCSA. An individual account number and password for computer access will be issued to each registered insurer.

(c) Filings may be transmitted online via the Internet at: http://fhwa-li.volpe.dot.gov or via American Standard Code Information Interchange (ASCII). All ASCII transmission must be in fixed format, i.e., all records must have the same number of fields and same length. The record layouts for ASCII electronic transactions are described in the following table:

                                    Electronic Insurance Filing Transactions----------------------------------------------------------------------------------------------------------------                                                                                Required           Field name             Number of positions      Description          F=filing        Start      End                                                                             C=cancel B=both    field     field----------------------------------------------------------------------------------------------------------------Record type.....................  1 Numeric..........  1=Filing             B                        1         1                                                       2=Cancellation.....Insurer number..................  8 Text.............  FMCSA Assigned       B                        2         9                                                        Insurer Number                                                        (Home Office) With                                                        Suffix (Issuing                                                        Office), If                                                        Different, e.g.                                                        12345-01.Filing type.....................  1 Numeric..........  1 = BI&PD        B                       10        10                                                       2 = Cargo..........                                                       3 = Bond...........                                                       4 = Trust Fund.....FMCSA docket number.............  8 Text.............  FMCSA Assigned MC    B                       11        18                                                        or FF Number,                                                        e.g., MC000045.Insured legal name..............  120 Text...........  Legal Name.........  B                       19       138Insured d/b/a name..............  60 Text............  Doing Business As    B                      139       198                                                        Name If Different                                                        From Legal Name.Insured address.................  35 Text............  Either street or     B                      199       233                                                        mailing address.Insured city....................  30 Text............  ...................  B                      234       263Insured state...................  2 Text.............  ...................  B                      264       265Insured zip code................  9 Numeric            (Do not include      B                      266       274                                                        dash if using 9                                                        digit code).Insured country.................  2 Text.............  (Will default to     B                      275       276                                                        US).Form code.......................  10 Text............  BMC-91, BMC-91X,     B                      277       286                                                        BMC-34, BMC-35,                                                        etc.Full, primary or excess coverage  1 Text.............  If BMC-91X, P or E   F                      287       287                                                        = indicator of                                                        primary or excess                                                        policy; 1 = Full                                                        under §                                                        387.303(b)(1); 2 =                                                        Full under §                                                        387.303(b)(2).Limit of liability..............  5 Numeric..........  $ in Thousands.....  F                      288       292Underlying limit of liability...  5 Numeric..........  $ in Thousands       F                      293       297                                                        (will default to                                                        $000 if Primary).Effective date..................  8 Text.............  MM/DD/YY Format for  B                      298       305                                                        both Filing or                                                        Cancellation.Policy number...................  25 Text............  Surety companies     B                      306       330                                                        may enter bond                                                        number.----------------------------------------------------------------------------------------------------------------

(d) All registered insurers agree to furnish upon request to the FMCSA a duplicate original of any policy (or policies) and all endorsements, surety bond, trust fund agreement, or other filing.

[60 FR 16810, Apr. 3, 1995, as amended at 62 FR 49942, Sept. 24, 1997; 66 FR 49873, Oct. 1, 2001]

Browse Previous


chanrobles.com