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What do the terms per person and per accident in my automobile insurance policy mean?

April 26, 2017Accident automobile insurance policy mean person terms

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What do the terms per person and per accident in my automobile insurance policy mean?

2 Answers

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If you have a single limit policy of insurance, for example in the amount of $100,000.00, the policy will pay no more than $100,000.00 for injuries caused by you in an accident, no matter how many people were injured or how serious the injuries were. If you have a policy providing bodily injury coverage in the amount of $50,000.00 per person/$100,000.00 per accident, your policy will pay no more than $50,000.00 to any one person injured in the accident caused by you and no more than $100,000.00 total to all persons involved in the motor vehicle accident, regardless of the number of people involved.

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If you have a single limit policy of insurance, for example in the amount of $100,000.00, the policy will pay no more than $100,000.00 for injuries caused by you in an accident, no matter how many people were injured or how serious the injuries were.