BMC-32

Definition

BMC-32 is the FMCSA endorsement that adds cargo liability coverage to a motor carrier's primary BIPD policy. The federal minimum cargo limit is $5,000 per truck and $10,000 per occurrence under 49 CFR Part 387.303 - substantially below the actual replacement value of most loads. Most shippers and brokers contractually require $100,000 cargo limits or higher. The BMC-32 itself is filed by the insurer with FMCSA L&I; it is not a separate filing the carrier submits. It became more flexible in 2011 when FMCSA softened the broad-form cargo requirements but still applies for general-freight common carriers.