This means 100000 medical bodily injury coverage per person 300000 bodily injury coverage for the entire accident and 50000 total property damage limits.
Commercial auto split limits. There is not a split differential between the three main components. You have the same limits for injuries uninsured people cause to you. Under the split limit coverage these numbers would mean that you have 50000 of bodily injury coverage per person per accident 100000 total for all injuries per accident and a 25000 limit for property damage done in one accident.
The combined single limit simply states a single dollar limit that applies to any combination of bodily injury and property damage liability claims as compared to split limits where three separate dollar amounts apply to each accident. So if you purchase a 300 CSL policy your policy will cover up to 300000 total. In an at-fault crash your policy will pay 100000 max per person.
CSL is a single number that describes the predetermined limit for the combined total of the Bodily Injury Liability coverage and Property Damage Liability coverage per occurrence or accident. Using the 5010040 limits if you rear-end someone and smash their car and give the driver whiplash then your car insurance liability coverage will pay out up to 50000 for medical bills and up to 40000 for the damage to their car. The second limit is a per occurrence limit.
What is a Combined Single Limit CSL. Split Limit Liability is the most commonly used form of liability but is broken up differently than Combined Single Limit coverage. It will pay 300000 max for all injuries you cause.
It is often quite large with some companies lowest limits starting at 100000 and going up to the millions of dollars. 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. With split limits three separate dollar amounts apply to each accident.
For example if you chose a split limit of 1500030000. Per person limit per occurrence limit for all injured persons and per occurrence limit for all property damage resulting from the accident. The first limit is a per person limit.