Unlike personal auto policies that separate bodily injury and property damage limits split limits BAPs commonly utilize a Combined.

Commercial auto split limits. It is often quite large with some companies lowest limits starting at 100000 and going up to the millions of dollars. This one limit is called a combined single limit. Your declarations page of your auto insurance policy may include an annotation that looks something like 250000500000250000 for example.

This means 100000 medical bodily injury coverage per person 300000 bodily injury coverage for the entire accident and 50000 total property damage limits. A combined single limit is exactly what the name implies. Split Limit Liability is the most commonly used form of liability but is broken up differently than Combined Single Limit coverage.

The driver of the other vehicle would receive the full 36000 in damages as it is below the 50000 per person limit on his policy. Many auto insurance policies use the split limits approach which combines the per person and the per occurrence approach. Combined Single Limit Coverage.

With a split limit the first number describes the maximum payout per-person and the second number is the maximum total payout per accident. The automobiles are classified by weight light medium heavy extra heavy and by type of use private passenger service commercial. The second limit is a per occurrence limit.

Combined Single Limit Liability Coverage CSL This type of auto insurance coverage is a combination of all the liability limits Bodily injury AND Property Damage. Lets assume Jose has 5010025 limits of liability. However when shopping for commercial auto insurance you may notice that several commercial car insurance providers offer just one liability limit.

Split limit coverage splits the coverage amount into three limits such as 5010025. Split Liability Limit Outcome. Per person limit per occurrence limit for all injured persons and per occurrence limit for all property damage resulting from the accident.