Split Limit Liability is the more commonly used type of liability coverage.

What is split limit insurance coverage. With split limit coverage there are multiple limits that apply per accident. This type of liability limit is expressed in three numbers such as 250500100. The limits are broken down differently than Combined Single Limit.

An example of a standard Split Limit policy may look like this. If your policy limits are 100300100 you have a split limits policy. Under the split limit coverage your insurance company would only pay 50000 for injuries for each person leaving both individuals insufficiently compensated.

They have separate limits for bodily injury and property damage. Ad Start saving by comparing health insurance policies from UKs award-winning insurers. They also slice BI coverage into a limit per person and per incident.

This policy has three coverage limits. Using this example the first number means that 250000 would be paid for bodily injury to each person 500000 is the amount of bodily injury that would be paid to. Bodily Injury Per Person.

The second limit is a per occurrence limit. It states a single dollar limit that would apply to any combination of property damage liability bodily limits as compared to split limits where separate dollar amount applicable to each accident that varies from per person per occurrence of persons injured or. Our quotes come with free impartial specialist advice you can trust.

The first limit is a per person limit. One for bodily injury for a single person another for bodily injury caused to a group of people and the last is for payouts to damages whether for. This kind of coverage usually splits the amount of coverage three ways.