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 all persons per accident and 100000 refers to the amount of all property damage that would be paid per accident.

Personal auto split limits. His insurer would pay the following amounts. With split limits three separate dollar amounts apply to each accident. If your car insurance policy states liability as 5010040 or another series of three numbers then that denotes split liability.

States that require liability coverage will also specify the minimum limits as split amounts. Cashback can reduce this to 23yr 33yr for personal cover. There are three areas you need to be aware of when it comes to split limit coverage and they are bodily injury per person bodily.

Split liability is the most common car insurance policy that is used for personal coverage. The second limit is a per occurrence limit. 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.

Your declarations page of your auto insurance policy may include an annotation that looks something like 250000500000250000 for example. Split Liability Limit Outcome. Split limit coverage splits the coverage amount into three limits such as 5010025.

A standard Split Limit Liability coverage is broken down as a 10030050 split. 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. In this approach there are advantages and disadvantages that should be considered before purchasing car insurance.

Lets assume Jose has 5010025 limits of liability. It is used for personal coverage. If your policy limits are 100300100 you have a split limits policy.