CA DMV Form MC 132 M. Request for Voluntary Termination of Motor Carrier Permit Certificate of Self Insurance-
Form MC 132 M is used to request the voluntary termination of a Motor Carrier Permit Certificate of Self Insurance with the California Department of Motor Vehicles (DMV). This form is typically used by motor carriers who wish to terminate their self-insurance coverage for their commercial vehicles.
The purpose of this form is to officially notify the DMV about the motor carrier's intention to terminate their self-insurance coverage. The form may include sections where the motor carrier provides their contact information, permit details, reasons for termination, and any required supporting documentation.
It is important to accurately complete the form and submit it to the DMV within the required timeframe. The DMV will review the request and process the termination accordingly.
An example use case for this form would be a motor carrier company that no longer wants to maintain self-insurance coverage for their fleet of commercial vehicles. By submitting Form MC 132 M, the motor carrier requests the termination of their self-insurance certificate, allowing them to explore alternative insurance options.
There may not be direct alternatives or similar forms specifically addressing the voluntary termination of a Motor Carrier Permit Certificate of Self Insurance within the DMV context.