---
kind: "section"
citation: "49 C.F.R. § 387.411"
title: "49"
number: "387.411"
heading: "Qualifications as a self-insurer and other securities or agreements."
url: "https://uscodex.org/cfr/49/387.411"
---

# §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)](/usc/49/13906.md?p=c).

## Notes

### Amendments

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

### Source

Source: 55 FR 11201, Mar. 27, 1990, unless otherwise noted. Redesignated at 61 FR 54710, Oct. 21, 1996.

### Authority

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.

### Amendments

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