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Combined Additional Coverage

Combined Additional Coverage (CAC)

Definition

An obsolete auto physical damage coverage term used to refer to hazards other than fire and theft (as in fire, theft, and CAC). Current terminology for coverage applicable to all of the aforementioned hazards as respects commercial auto policies is "specified causes of loss" coverage. As respects personal auto policies (PAPs), the term "other than collision" applies.

Related Products

Commercial Liability Insurance
Insurance Law Essentials
The Additional Insured Book

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