What are the cedable limits of liability for private passenger and commercial business?
Massachusetts law requires that a Servicing Carrier must make available at least the coverages and limits of liability listed below to both private passenger and commercial risks reinsured through CAR. The cedable limits for the liability coverages are as follows: • Bodily Injury – $250,000/$500,000 • Medical Payments – $5,000 • Uninsured Motorist Coverage – $250,000/$500,000 • Underinsured Motorist Coverage – $250,000/$500,000 • Property Damage – $50,000 Personal Injury Protection The cedable limits for the physical damage coverages are as follows: • Collision – $500 Deductible • Limited Collision • Comprehensive – $500 Deductible • Fire and Theft – $500 Deductible • Comprehensive or Fire and Theft – $100 Glass Deductible Additionally, all coverages and limits required by any financial responsibility law, or state or federal regulation as defined in Rule 2 of the CAR Rules of Operation under the definition of an eligible risk, are to be made available for private passenger and commerc
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