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.
What is split limit insurance coverage. Total Bodily Injuries Per Accident. The maximum amount that will be paid to any one injured person. Ad Start saving by comparing health insurance policies from UKs award-winning insurers.
Split limit coverage splits the coverage amount into three limits such as 5010025. Per person bodily injury limit. 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.
This policy has three coverage limits. All three can have individual coverage amounts. This type of liability limit is expressed in three numbers such as 250500100.
The maximum amount that will be paid to all injured. This coverage pays a certain amount for each injured person and a total amount per accident for all injured persons. It specifies limits for three specific types of claim.
Many auto insurance policies use the split limits approach which combines the per person and the per occurrence approach. With split limits three separate dollar amounts apply to each accident. A comprehensive example is provided to show how a split limi.
Split Limit Liability Coverage A standard Split Limit Liability coverage is broken down as a 10030050 split. Our quotes come with free impartial specialist advice you can trust. They also slice BI coverage into a limit per person and per incident.