25th November 2019

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What does 50 100 insurance mean?

The first number, in this example 50, means you have $50,000 toward injury to each individual. The second number, 100, means you have $100,000 maximum liability coverage for the accident and the last number, 100, means you have $100,000 maximum for property damage.

Just so, what does 100000 300000 mean for auto insurance?

- Insured had 100,000 / 300,000 / 50,000 liability on their auto policy (that means 100,000 limits per person in an accident, 300,000 per accident in total, and 50,000 in property damage liability.) The claimant then files with THEIR insurance under the uninsured motorist coverage on their auto policy.

What does 10 20 means for car insurance?

The first 10 represents the maximum coverage for bodily injury liability per person in one accident. The 20 represents the maximum coverage for bodily injury liability for one accident. The second 10 represents the maximum coverage for property damage liability for one accident.

What is 25 50 10 automobile insurance coverage?

For example, an insurance policy with split limits of 25/50/10 means $25,000 is the maximum amount payable by the policy for the bodily injury per person; $50,000 is the maximum payable by the policy per accident; the third number deals with property damage, which is discussed below.
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