Bodily injury per person bodily injury per accident and property damage per accident.

What does split limits mean in auto insurance. -the first number is the total amount in 1000s that your company will pay per accident to an injured person that you hit. They have separate limits for bodily injury and property damage. Split limits coverage is a set of limits on payments for auto insurance claims that is split into different categories.

Split limit coverage splits the coverage amount into three limits such as 5010025. Ad Compare Insurance Quotes For A Range Of Cover Types With Compare The Market. It specifies limits for three specific types of claim.

If your policy limits are 100300100 you have a split limits policy. Split limit liability policies are easy to identify. If your policy shows 100300100 or 100PD on a separate line you have 100000 coverage property damage caused when you ran that stop sign.

A combined single limit is exactly what the name implies. In auto insurance liability limits are offered as a single limit or as in your case split limits. This type of liability limit.

Many auto insurance policies use the split limits approach which combines the per person and the per occurrence approach. This policy has three coverage limits. 25K max per person.

A split limit liability is the method used in determining the liability coverage of maximum amount that can be paid. In this approach there are advantages and disadvantages that should be considered before purchasing car insurance. What these Bodily Injury split liability limits are saying is that if you are in an accident and cause bodily injury someone in the other vehicle that injured person will receive 100000 per injured person.