The security filing is three numbers, and the third one is cargo
R.I. Gen. Laws §39-12-27 conditions the certificate itself on the filing: “No certificate or permit shall be issued to a motor carrier or remain in force, unless the carrier shall have furnished the administrator with evidence of insured financial responsibility.” Not a condition of renewal and not a condition of a later audit. A lapse in the filing takes the authority with it.
The public liability limb is expressed as split limits with a bracketed maximum, and the property damage figure carries a parenthetical that shapes the whole section. The carrier must show ability to meet claims “by reason of personal injury to, or the death of, any one person in an amount of at least two hundred and fifty thousand dollars ($250,000), or by reason of personal injuries to, or the death of, all persons injured or killed in any one accident of five hundred thousand dollars ($500,000) (subject to a maximum of two hundred and fifty thousand dollars ($250,000) for bodily injuries to or the death of one person), and for damages to property (excluding cargo) in the amount of at least twenty-five thousand dollars ($25,000).”
Read the parenthetical. The property damage limb expressly excludes cargo — and then the very next sentence of the same section imposes cargo separately. “No common or contract carrier by motor vehicle shall engage in intrastate commerce, nor shall any certificate or permit be issued to the carrier or remain in force, unless and until there shall be filed with the administrator evidence of insured financial responsibility by the carriers to meet any and all legally established claim or claims for loss or damage to all property belonging to the shipper or consignee and coming into possession of the carriers in connection with their motor carrier transportation service in an amount of at least twenty-five thousand dollars ($25,000)”.
That is a $25,000 figure stated once, without the per-vehicle and aggregate split that federal cargo tables and several other states use. It is recorded here as written rather than mapped onto a shape it does not have.
The one thing that can switch the cargo requirement off is not self-executing, and the qualifier travels with the figure: “provided, however, that the requirements of this section shall not apply in connection with the transportation of commodities declared by the administrator, after notice and hearing, to be exempt from cargo insurance requirements.” An exemption requires an affirmative declaration by the administrator following notice and a hearing. No list of commodities so declared was located for this page, and that gap is named rather than filled.
Three ways of satisfying the requirement are given. A certificate of insurance from an insurance company authorized to transact business in the state, showing a policy in force covering public liability, property damage and damage or loss to cargo in at least the prescribed minimums. Or a certificate from the general treasurer, on blanks the administrator furnishes, that the carrier has filed a bond of one hundred thousand dollars ($100,000) with a surety company authorized in Rhode Island. Or self-insurance, which the administrator “will give consideration to and will approve” on a true and accurate statement of financial condition establishing ability to satisfy the obligations “without affecting the stability or permanency of the business”.
Two mechanical details finish the section and both matter operationally. A filing fee of ten dollars ($10.00) “must accompany each insurance filing”. And nothing may be canceled or withdrawn until after thirty days’ written notice to the administrator at the Providence office, with the period commencing “from the date the notice is actually received” — unless a replacement filing acceptable to the administrator arrives on or before the cancellation date, in which case the earlier cancellation may take effect. No cancellation may become effective before the administrator receives the notice.
- $250,000 — bodily injury to or death of any one person.
- $500,000 — all persons injured or killed in any one accident, subject to the $250,000 per-person maximum.
- $25,000 — damages to property of others, cargo expressly excluded.
- $25,000 — a separate cargo filing, stated as a single figure with no aggregate limb.
- $10.00 — filing fee accompanying each insurance filing.
- $100,000 — the alternative treasurer’s bond, in lieu of a certificate of insurance.