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What are split limits vs. combined single limits?

 
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What are split limits?

If you look at your auto insurance policy, your liability limits most likely look like one of these four choices:

 
Bodily Injury
Liability Coverage
Property Damage
Liability Coverage
ALSO KNOWN AS
Each Person / Each Accident
Each Accident
$50,000 / $100,000
$50,000
"50/100/50"
$100,000 / $300,000
$100,000
"100/300/100"
$250,000 / $500,000
$100,000
"250/500/100"
$500,000 / $500,000
$100,000
"500/500/100"
 

In example 1:

  • 50 (1st number) is a $50,000 payment limit for each person injured
  • 100 (2nd number) is a $100,000 payment limit for each accident
  • 50 (3rd number) is a $50,000 payment limit for property damage caused during an accident

What is a combined single limit?

A combined single limit will look like this:

  • $300,000 CSL each accident

It provides a one limit cap over an entire auto accident.

 
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