['Operating Authority']
['For-Hire Carrier Authority']
01/17/2024
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Authority
Required | Agency | Name | Fee | |
For-hire authority | Yes | New Mexico Public Regulation Commission (PRC) | Commission a certificate of public convenience and necessity | Yes |
Household goods authority | Yes | New Mexico Public Regulation Commission (PRC) | Commission a certificate of public convenience and necessity | Yes |
Exempt for-hire authority | Yes | New Mexico Public Regulation Commission (PRC) | “Warrant” certificate | Yes |
Private authority | No | NA | NA | NA |
Passenger authority | Yes | New Mexico Public Regulation Commission (PRC) | Commission a certificate of public convenience and necessity | Yes |
Other authority | NA |
Insurance
Required | Amount | Forms | Notes | |
For-hire insurance | Yes | $750,000 per occurrence for bodily injury to or death of all persons injured or killed and property damage for vehicles 10,000 pounds or less. | Form E (liability) | NA |
Household goods insurance | Yes | $750,000 per occurrence for bodily injury to or death of all persons injured or killed and property damage for vehicles 10,000 pounds or less, and $50,000 cargo insurance per vehicle. | Form E (liability) and Form H (cargo) | Household goods movers and motor carriers of property operating vehicles with a gross vehicle weight rating of 10,001 pounds or more must maintain the minimum levels of financial responsibility required by 49 CFR 387.9 The minimum level of financial responsibility covers environmental restoration, as required 49 CFR 387.301(a)(1). |
Exempt for-hire insurance | Yes | $750,000 per occurrence for bodily injury to or death of all persons injured or killed and property damage for vehicles 10,000 pounds or less. | Form E (liability) | NA |
Private insurance | Yes | NA | NA | New Mexico does have a financial responsibility law. |
Passenger insurance | Yes | $500,000 combined single limit, and $10,000 cargo insurance per vehicle. | Form E (liability) and Form H (cargo) | NA |
Hazardous material insurance | Yes | NA | NA | Motor carriers of property transporting hazardous matter in intrastate commerce in New Mexico must maintain the minimum levels of financial responsibility required by 49 CFR 387.9 for interstate commerce regardless of gross vehicle weight. |
['Operating Authority']
['For-Hire Carrier Authority']
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