{"data":{"id":"us/49-cfr-387.5","jurisdiction":"us","citation":"49 CFR 387.5","heading":"Definitions.","body":"As used in this subpart—\nAccident includes continuous or repeated exposure to the same conditions resulting in public liability which the insured neither expected nor intended.\nBodily injury means injury to the body, sickness, or disease including death resulting from any of these.\nCancellation of insurance means the withdrawal of insurance coverage by either the insurer or the insured.\nEndorsement means an amendment to an insurance policy.\nEnvironmental restoration means restitution for the loss, damage, or destruction of natural resources arising out of the accidental discharge, dispersal, release or escape into or upon the land, atmosphere, watercourse, or body of water of any commodity transported by a motor carrier. This shall include the cost of removal and the cost of necessary measure taken to minimize or mitigate damage to human health, the natural environment, fish, shellfish, and wildlife.\nEvidence of security means a surety bond or a policy of insurance with the appropriate endorsement attached.\nFinancial responsibility means the financial reserves (e.g., insurance policies or surety bonds) sufficient to satisfy liability amounts set forth in this subpart covering public liability.\nFor-hire carriage means the business of transporting, for compensation, the goods or property of another.\nIn bulk means the transportation, as cargo, of property, except Division 1.1, 1.2, or 1.3 materials, and Division 2.3, Hazard Zone A gases, in containment systems with capacities in excess of 3500 water gallons.\nIn bulk (Division 1.1, 1.2, and 1.3 explosives) means the transportation, as cargo, of any Division 1.1, 1.2, or 1.3 materials in any quantity.\nIn bulk (Division 2.3, Hazard Zone A or Division 6.1, Packing Group I, Hazard Zone A materials) means the transportation, as cargo, of any Division 2.3, Hazard Zone A, or Division 6.1, packing Group I, Hazard Zone A material, in any quantity.\nInsured and principal means the motor carrier named in the policy of insurance, surety bond, endorsement, or notice of cancellation, and also the fiduciary of such motor carrier.\nInsurance premium means the monetary sum an insured pays an insurer for acceptance of liability for public liability claims made against the insured.\nMotor carrier means a for-hire motor carrier or a private motor carrier. The term includes, but is not limited to, a motor carrier's agent, officer, or representative; an employee responsible for hiring, supervising, training, assigning, or dispatching a driver; or an employee concerned with the installation, inspection, and maintenance of motor vehicle equipment and/or accessories.\nProperty damage means damage to or loss of use of tangible property.\nPublic liability means liability for bodily injury or property damage and includes liability for environmental restoration.\nState means a State of the United States, the District of Columbia, Puerto Rico, the Virgin Islands, American Samoa, Guam, and the Northern Mariana Islands.","path":["Title 49—Transportation","Subtitle B—Other Regulations Relating to Transportation","CHAPTER III—FEDERAL MOTOR CARRIER SAFETY ADMINISTRATION, DEPARTMENT OF TRANSPORTATION","SUBCHAPTER B—FEDERAL MOTOR CARRIER SAFETY REGULATIONS","PART 387—MINIMUM LEVELS OF FINANCIAL RESPONSIBILITY FOR MOTOR CARRIERS","Subpart A—Motor Carriers of Property"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-49.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:34Z","sha256":"6fa7014de0459fbe5cb02e8310cd596a904b9970cf1efa4190b6b93f766d5a55","source_id":"us-cfr","stale":true,"prev":"us/49-cfr-387.3","next":"us/49-cfr-387.7"},"notice":"GroundRules: Original legal text. Not legal advice."}