§FMCSR.com
Current textSource: eCFR

§ 387.33 Financial responsibility, minimum levels.

Current wording, effective June 18, 2018.

eCFR (current) ↗
What changedOct. 1, 2016 wording → June 18, 2018 wording (current)+275 added−75 removedHide

Link to an amendment published at 78 FR 52651, Aug. 23, 2013.
Link to (a) delayGeneral published at 80 FR 63702, Octlimits. 21,Except 2015.
Linkas toprovided anin amendment§ published at 80 FR 63709, Oct387. 2127(b), 2015.
Linkthe to a delay published at 81 FR 49553, July 28, 2016.
The minimum levels of financial responsibility referred to in § 387.31 of this subpart are hereby prescribed as follows:
ScheduleSCHEDULE ofOF LimitsLIMITS
Public Liability
For-hire motor carriers of passengers operating in interstate or foreign commerce.
Vehicle seating capacity
 EffectiveMinimum dateslimits
Nov. 19, 1983
Nov. 19, 1985
(1) Any vehicle with a seating capacity of 16 passengers or more $2,500,000 including the driver $5,000,000
(2) Any vehicle with a seating capacity of 15 passengers or less
1 750,000 including the driver 1,500,000
1(b) ExceptLimits applicable to transit service providers. Notwithstanding the provisions of paragraph (a) of this section, the minimum level of financial responsibility for a motor vehicle used to provide transportation services within a transit service area located in more than one State under an agreement with a Federal, State, or local government funded, in whole or in part, with a grant under 49 U.S.C. 5307, 5310 or 5311, including transportation designed and carried out to meet the special needs of elderly individuals and individuals with disabilities, will be the highest level required for any of the States in which it operates. This paragraph applies to transit service providers that operate in more than one State, as providedwell as transit service providers that operate in §only 387one State but interline with other motor carriers that provide interstate transportation within or outside the transit service area.27 Transit service providers conducting such operations must register as for-hire passenger carriers under part 365, subpart A and part 390, subpart E, of this subchapter, identify the State(bs) in which they operate under the applicable grants, and certify on their registration documents that they have in effect financial responsibility levels in an amount equal to or greater than the highest level required by any of the States in which they are operating under a qualifying grant.
[80 FR 63709, Oct. 21, 2015, as amended at 83 FR 22876, May 17, 2018]
Effective Date Note:
At 82 FR 5307, Jan. 17, 2017, § 387.33 was suspended, effective Jan. 14, 2017.

49 CFR § 387.33 — Financial responsibility, minimum levels.. Text current through October 15, 2026. This wording effective June 18, 2018 to present. Source: eCFR (current), https://www.ecfr.gov/current/title-49/section-387.33. Retrieved from FMCSR.com, https://fmcsr.com/reg/387.33, on October 26, 2026. Unofficial compilation; verify against the official source.

(a) General limits. Except as provided in § 387.27(b), the minimum levels of financial responsibility referred to in § 387.31 are prescribed as follows:

SCHEDULE OF LIMITS

Public Liability

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

Vehicle seating capacityMinimum limits
(1) Any vehicle with a seating capacity of 16 passengers or more, including the driver$5,000,000
(2) Any vehicle with a seating capacity of 15 passengers or less, including the driver1,500,000

(b) Limits applicable to transit service providers. Notwithstanding the provisions of paragraph (a) of this section, the minimum level of financial responsibility for a motor vehicle used to provide transportation services within a transit service area located in more than one State under an agreement with a Federal, State, or local government funded, in whole or in part, with a grant under 49 U.S.C. 5307, 5310 or 5311, including transportation designed and carried out to meet the special needs of elderly individuals and individuals with disabilities, will be the highest level required for any of the States in which it operates. This paragraph applies to transit service providers that operate in more than one State, as well as transit service providers that operate in only one State but interline with other motor carriers that provide interstate transportation within or outside the transit service area. Transit service providers conducting such operations must register as for-hire passenger carriers under part 365, subpart A and part 390, subpart E, of this subchapter, identify the State(s) in which they operate under the applicable grants, and certify on their registration documents that they have in effect financial responsibility levels in an amount equal to or greater than the highest level required by any of the States in which they are operating under a qualifying grant.

[80 FR 63709, Oct. 21, 2015, as amended at 83 FR 22876, May 17, 2018]

Effective Date Note:

At 82 FR 5307, Jan. 17, 2017, § 387.33 was suspended, effective Jan. 14, 2017.

Amendment history

6 distinct wordings on file since Oct. 1, 1996
  1. June 18, 2018 → presenteCFR, day-precisediff vs. previousviewing
    [80 FR 63709, Oct. 21, 2015, as amended at 83 FR 22876, May 17, 2018]
  2. May 17, 2018 → June 18, 2018eCFR, day-precisediff vs. previous
    [80 FR 63709, Oct. 21, 2015]
  3. Jan. 17, 2017 → May 17, 2018eCFR, day-precisediff vs. previous
    [80 FR 63709, Oct. 21, 2015]
  4. Oct. 1, 2016 → Jan. 17, 2017annual edition 2016diff vs. previous
  5. Oct. 1, 2014 → Oct. 1, 2016annual editions 2014–2015diff vs. previous
  6. Oct. 1, 1996 → Oct. 1, 2014annual editions 1996–2013

A new entry appears whenever the regulatory words change between government snapshots. Day-precise from the eCFR (2017 onward); before that, one snapshot per annual CFR edition (revised as of October 1). Bracketed citations are the Federal Register history printed with the section. Set a case date in the header to read any earlier wording.