Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How does one decipher the numbers associated with liability?

0
Posted

How does one decipher the numbers associated with liability?

0

Insurers will often represent liability coverage with three consecutive numbers; for example, 50/100/25. The first number stands for maximum amount payable for an individual bodily injury in an accident, in this case $50,000. The second number represents the available coverage for all injuries in an accident, or $100,000. Finally, the last number denotes maximum property damage liability for one accident, $25,000.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123