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§5303
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§5303 . Coverage.
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§5303(a)
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(a) Any such plan shall provide for availability to applicants of motor vehicle insurance coverages for:
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§5303(a)(1)
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(1) legal liability, up to $50,000 because of bodily injury to or death of 1 person in any 1 accident and, subject to such limit for 1 person, up to $100,000 because of bodily injury to or death of 2 or more persons in any 1 accident, and up to $10,000 because of injury to or destruction of property of others in any 1 accident; and
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§5303(a)(2)
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(2) loss or damage to an automobile insured under a policy, up to $10,000 actual cash value, subject to a deductible of not less than $100 ; provided, however, that the physical damage insurance for a private passenger automobile shall be subject to all of the provisions of §2337 , §3411 and §3432 of this chapter; and
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§5303(a)(3)
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(3) medical payments with respect to private passenger motor vehicles not for hire, irrespective of the legal liability of the insured, because of bodily injury to or death of any person insured thereunder, up to $1,000 ; and
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§5303(a)(4)
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(4) supplementary uninsured motorists insurance, as defined in subsection §3420(f) of this chapter.
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§5303(b)
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(b) Any such plan shall provide for availability to applicants of twice the level of 1st party benefits prescribed in §5103 of this chapter; and commensurate 1st party benefits for personal injury arising out of the use or operation of a motor vehicle in any other state or Canadian province.
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§5303(c)
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(c) Such plan shall provide for the method of classifying risks, establishing territories and making rates applicable thereto. Such rates, except with respect to rates for the minimum limits of insurance required by article 6 or 7 of the vehicle and traffic law, shall be based upon loss and expense experience of the risks insured pursuant to the plan. Source Data downloaded: 2009-04-09 15: 23: 53; Processed: 2009-05-08 15: 36: 19
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