The limits are the same.

What does split limits mean in auto insurance. The maximum amount that will be paid to any one injured person. They also slice BI coverage into a limit per person and per incident. This policy has three coverage limits.

Liability coverage can be done one of two ways. Split limits refers to the liability part of your auto insurance policy. In auto insurance liability limits are offered as a single limit or as in your case split limits.

Your declarations page of your auto insurance policy may include an annotation that looks something like 250000500000250000 for example. A combined single limit is exactly what the name implies. The maximum amount that will be paid to any one injured person.

Ad Compare Insurance Quotes For A Range Of Cover Types With Compare The Market. Split limit or combined single limit. Your policy will not pay more than 50000.

You may ask What does is mean if the coverage limits are 250000 500000. In this approach there are advantages and disadvantages that should be considered before purchasing car insurance. With split limits three separate dollar amounts apply to each accident.

Agent Lyles Insurance Wheelersburg Ohio. If your policy shows 100300100 or 100PD on a separate line you have 100000 coverage property damage caused when you ran that stop sign. In a split limit automobile policy you will purchase a limit of liability insurance that will have three numbers.