49 CFR § 387.411 - Qualifications as a self-insurer and other securities or agreements.

---
identifier: "/us/cfr/t49/s387.411"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "49 CFR § 387.411 - Qualifications as a self-insurer and other securities or agreements."
title_number: 49
title_name: "Transportation"
section_number: "387.411"
section_name: "Qualifications as a self-insurer and other securities or agreements."
chapter_name: "FEDERAL MOTOR CARRIER SAFETY ADMINISTRATION, DEPARTMENT OF TRANSPORTATION"
subchapter_number: "B"
subchapter_name: "FEDERAL MOTOR CARRIER SAFETY REGULATIONS"
part_number: "387"
part_name: "MINIMUM LEVELS OF FINANCIAL RESPONSIBILITY FOR MOTOR CARRIERS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "49 U.S.C. 13101, 13301, 13906, 13908, 14701, 31138, 31139; sec. 204(a), Pub. L. 104-88, 109 Stat. 803, 941; and 49 CFR 1.87."
cfr_part: "387"
---


# 387.411 Qualifications as a self-insurer and other securities or agreements.

(a) *Self-insurer.* The FMCSA will approve the application of a freight fowarder to qualify as a self-insurer if it is able to meet its obligations for bodily-injury, property-damage, and cargo liability without adversely affecting its business.

(b) *Other securities and agreements.* The FMCSA will grant applications for approval of other securities and agreements if the public will be protected as contemplated by 49 U.S.C. 13906(c).

[55 FR 11201, Mar. 27, 1990. Redesignated at 61 FR 54710, Oct. 21, 1996, as amended at 62 FR 49942, Sept. 24, 1997]