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§387.33T Financial responsibility, minimum levels. RegSenseFederal Motor Carrier Safety Administration (FMCSA), DOTInsurance and risk management - Motor CarrierCFR RegulationsPassenger carriersFocus AreaCFR SectionFleet OperationsEnglishTransportationBusiness planning - Motor CarrierUSA
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 LIMITSPublic LiabilityFor-hire motor carriers of passengers operating in interstate or foreign commerce.Vehicle seating capacityMinimum limits(a) Any vehicle with a seating capacity of 16 passengers or more, including the driver$5,000,000(b) Any vehicle with a seating capacity of 15 passengers or less, including the driver1,500,000[82 FR 5307, Jan. 17, 2017; 83 FR 22877, May 17, 2018]READ MORESHOW LESS['Passenger carriers', 'Business planning - Motor Carrier']['Insurance and risk management - Motor Carrier']