Which endorsement makes the insurance company absolutely liable to claimants?

The Motor Carrier Policies of Insurance for Public Liability (MCS-90) endorsement is designed specifically for motor carriers and establishes the insurance company's absolute liability for claims made by third parties. This is particularly important in the context of transportation where the risk of accidents involving third-party individuals and property is heightened.

The MCS-90 endorsement requires the insurance company to cover claims regardless of the insured’s fault, which offers protection for claimants in situations involving commercial vehicles transporting goods for hire. This endorsement is an assurance that those harmed in accidents caused by the insured will receive compensation, shifting the responsibility from the insured to the insurer.

This starkly contrasts with other types of coverage, which may have limitations, exclusions, or conditions that could result in the insurer not being liable for certain claims. This makes the MCS-90 an essential component for ensuring the safety and reliability of commercial trucking operations while also protecting the public.