23 C.F.R. § 646.111

Current through September 30, 2024
Section 646.111 - Amount of coverage
(a) The maximum dollar amounts of coverage to be reimbursed from Federal funds with respect to bodily injury, death and property damage is limited to a combined amount of $2 million per occurrence with an aggregate of $6 million applying separately to each annual period except as provided in paragraph (b) of this section.
(b) In cases involving real and demonstrable danger of appreciably higher risks, higher dollar amounts of coverage for which premiums will be reimbursable from Federal funds shall be allowed. These larger amounts will depend on circumstances and shall be written for the individual project in accordance with standard underwriting practices upon approval of the FHWA.

23 C.F.R. §646.111

39 FR 36474, Oct. 10, 1974, as amended at 47 FR 33955, Aug. 5, 1982