What it does
MM 99 54 adds underinsured motorists coverage to Massachusetts commercial auto policies, paying when an at-fault driver's liability limits are too low to cover the insured's injuries. CAR's Rule 36 makes the coverage optional and directs: "Use Underinsured Motorists Coverage Endorsement MM 99 54."
Key provisions
- Basic limits are $25,000 per person and $50,000 per accident; increased limits are available.
- Limits may not exceed the policy's bodily injury liability limits.
- No charge is made for service or utility trailers, and the premium is not subject to rating plan modification.
The current edition is 10 13.
Who needs it
Massachusetts businesses whose employees and passengers ride in company vehicles, especially where workers compensation does not cover everyone in the vehicle (owners, clients, volunteers).
Quoting notes
Quote UIM at the same limits as optional bodily injury where possible. Within CAR's program, underinsured limits up to $500,000 are offered for most commercial risks.
