THE FREE ENTERPRISE SYSTEM INC
DBA: NA
FMCSA Live Status
Fleet & equipment
- Power units
- 24
- Drivers · CDL
- 47 · 47
- Annual miles
- 607k
| Type | Own | Term | Trip | Total |
|---|---|---|---|---|
| Trucks | 0 | 0 | 0 | 0 |
| Tractors | 0 | 0 | 0 | 0 |
| Trailers | 0 | 0 | 0 | 0 |
Registration
- Organization
- CORPORATION
- FMCSA Rating
- Satisfactory (05-05-2025)
- Registered
- 06-01-1974 (52 yrs)
- MCS-150 Update
- 09-09-2024 (Address Change)
- FRED Score Date
- Nov 07, 2026
- Officer
- VICTOR MORGAN
- Officer
- VICTOR MORGAN
Cargo
- High-Risk Cargo
- General Freight
Note: "General Freight" is a catch-all; the actual cargo mix and its risk may differ.
Estimated from the commodity types reported to FMCSA, not from loss history or the true cargo mix.
Not graded: passenger operation. The FRED Score is a property-carrier model; a passenger model is a separate study.
Worth a closer look
From the FMCSA record.
- Nothing on the FMCSA record stands out.
- 2 crashes in 24 months. No injuries, no fatalities.
- Vehicle out-of-service rate 2.6% vs 22.3% national.
- No FMCSA BASIC alerts.
Track record
Inspected more often than interstate fleets of 20–49 trucks in Indiana (about 26 in 24 months would be typical).
| This motor carrier | Peers | |
|---|---|---|
| Crashes | 0.021 | 0.029 |
| Inspections | 0.94 | 1.11 |
| Violations | 0.10 | 0.77 |
| Critical violations | 0.02 | 0.15 |
Yearly rates from the last 24 months. Peers: interstate fleets, 20–49 power units, medium-risk cargo.
What they get cited for
5 violations · 24 months-
Vehicle maintenance No alert4 · 1 OOSBrakes 3 · Lights 1
-
Unsafe driving No alert1 · 0 OOSSpeeding 1
-
Hours of service No alert0
-
Driver fitness No alert0
-
Drugs & alcohol No alert0
Violations by quarter
Tap a category to show or hide itCrashes
24 months-
Dec82024IndianaProperty damage onlyDaylight.
-
Sep262024KentuckyProperty damage onlyDusk, two-way trafficway divided unprotected median.
Insurance filed with FMCSA
FMCSA record through May 14, 2026 · no change recorded by FMCSA since- Last on FMCSA's record (May 14, 2026)
-
$5,000,000 · LANCER INSURANCE COMPANYon record since Oct 1, 2013 · FMCSA minimum $5,000,000 · no gap on FMCSA's record since Oct 1992
- Cargo filing
- not required by FMCSA (household-goods motor carriers only); the cargo policy is not on FMCSA's record
- One liability insurer throughout
- No gap in filed liability coverage while liability was required
Operating authority active (FMCSA's L&I record of May 14, 2026, status since Nov 21, 2005)
FMCSA filings only, not a policy audit. Not part of the FRED grade. Wrong or out of date?
Every insurance filing on the FMCSA record
6 filings and 2 authority events since 1981 · FMCSA record through May 14, 2026
Newest first. Insurer names as filed. FMCSA does not publish why a filing was cancelled.
-
Oct 1, 2013LANCER INSURANCE COMPANYLiability · $5,000,000 · on fileL&I to May 14, 2026
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Oct 1, 2007NATIONAL INTERSTATE INSURANCE COMPANYLiability · $5,000,000 · ended Oct 1, 2013 · replaced by another insurer72 months in forceL&I to May 14, 2026
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Nov 7, 2005FMCSA revocation notice for the operating authority, dropped Nov 21, 2005cause not stated in FMCSA's older recordsL&I to May 14, 2026
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Oct 1, 2003GENERAL STAR INDEMNITY COMPANYLiability (excess) · $5,000,000 over $1,000,000 · ended Oct 22, 2004 · cancellation notice took effect13 months in forceL&I to May 14, 2026
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Oct 1, 2002GENERAL STAR INDEMNITY COMPANYLiability (excess) · $2,000,000 over $1,000,000 · ended Oct 1, 2003 · cancellation notice took effect12 months in forceL&I to May 14, 2026
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Nov 1, 2001GENERAL STAR INDEMNITY COMPANYLiability (excess) · $8,000,000 over $1,000,000 · ended Dec 20, 2002 · cancellation notice took effect14 months in forceL&I to May 14, 2026
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Oct 1, 1992LIBERTY MUTUAL FIRE INSURANCE CO.Liability · $5,000,000 · ended Oct 1, 2007 · replaced by another insurera cancellation notice effective Oct 28, 2007 came after the replacement; 180 months in forceL&I to May 14, 2026
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Nov 27, 1981Operating authority grantedL&I to May 14, 2026
What the terms mean
- Liability filing (BIPD):
- The insurer's certificate (form BMC-91 or 91X) that the motor carrier carries bodily-injury and property-damage liability at or above FMCSA's minimum. A BMC-82 is the same promise made by a surety bond.
- FMCSA minimum:
- $750,000 for general freight in vehicles of 10,001 lb or more; $300,000 under 10,001 lb; $1,000,000 for oil and some hazardous materials; $5,000,000 for bulk hazardous materials (49 CFR 387.9).
- Primary / excess:
- An excess filing sits on top of a primary one; together they make the total filed limit.
- Replaced:
- A new filing took over from this one. Replaced the same day is an ordinary change of insurer or renewal.
- Cancellation notice:
- Form BMC-35 (insurance) or BMC-36 (bond): the insurer tells FMCSA the filing ends in 30 days. The insurer files it whether the insurer or the motor carrier ended the policy; FMCSA does not publish the reason.
- Cancellation processed by FMCSA:
- FMCSA itself ended the filing, for example when the authority was revoked.
- Lapse:
- Time with no liability filing on FMCSA's record while the authority required one. A filing received later can be back-dated, which closes a lapse after the fact.
- Suspended for insurance:
- FMCSA suspended the operating authority because no filing meeting the minimum was on file. FMCSA's records state this reason only since May 14, 2026; before then they show a revocation notice without a cause.
- FMCSA notice resolved in time:
- Before May 14, 2026, FMCSA served a revocation notice when a required filing lapsed and dropped it when the filing was restored. The notice does not say which filing lapsed.
- Suspension notice:
- Since May 14, 2026, FMCSA serves a notice that the authority will be suspended on a date unless the missing filing is restored. The notice does not say which filing.
- Cargo filing:
- Form BMC-34. FMCSA has required it only of household-goods motor carriers and forwarders since 2011, so most motor carriers' cargo policies are not on FMCSA's record.
- Broker bond / trust fund:
- Form BMC-84 (surety bond) or BMC-85 (trust fund): the $75,000 security a broker or freight forwarder must keep on file.
- Self-insurance authority:
- FMCSA lets a few large motor carriers carry their own liability; it appears as a filing by "Self-Insured".
- Risk retention group:
- An insurer owned by its policyholders (often trucking groups). It is not covered by state insurance guaranty funds.
- FMCSA record through:
- The date of the FMCSA file this section was built from. Dockets FMCSA's new system has not yet published are shown from the legacy record, frozen on May 14, 2026.
FMCSA's record of the insurance filed for this motor carrier's operating authority (forms BMC-91/91X liability, BMC-34 cargo, BMC-84/85 broker bond or trust), not the motor carrier's full insurance program. Only for-hire motor carriers with operating authority file with FMCSA; private and intrastate-only motor carriers keep proof of insurance at their place of business, so no filing does not mean no insurance. A filed limit is the amount the insurer certified to FMCSA, which can be below the policy's full limits; cargo and bond filings are shown as on file or not because FMCSA records the federal minimum rather than the policy amount. FMCSA's new registration system (May 14, 2026) publishes a partial set of dockets; a docket not yet in it is shown from the legacy record, frozen on that date, and the live check above is today's reading. Not part of the FRED grade. Wrong or out of date?
Where it happens
- Indiana (HQ) 32
- Federal inspectors 6
- District of Columbia 1
- Kentucky 1
- Missouri 1
78% of inspections were in its home state.
How this grade is calculated
The model, its inputs, the window it scored and its confidence. For actuaries and anyone checking the work.
FMCSA records
BASIC measures and every inspection, violation and crash, sortable and filterable.
FMCSA BASIC Scores
AB Passenger| BASIC | Insp w/ Viol | Measure | Percentile | Alert |
|---|---|---|---|---|
| Unsafe Driving | 1 | 0.36 | - | |
| HOS Compliance | 0 | 0.00 | - | |
| Driver Fitness | 0 | 0.00 | - | |
| Controlled Substances | 0 | 0.00 | - | |
| Vehicle Maintenance | 4 | 0.29 | - |
SMS record data is sourced from FMCSA's Safety Measurement System (03-DEC-24 – 31-MAR-26) and may cover a different time window than the scoring window used for the FRED grade (Sep 1, 2023 → Sep 30, 2026). Counts here may differ from the grade's in-window counts.