What is a “Combined Single Limit of Liability” or “smooth” limit?
Most aircraft insurance policies contain liability coverage sub-limits. An example would be, $100,000 Bodily Injury each person per accident $1,000,000 Property Damage per accident, with an overall accident limit of $1,000,000. With sub-limits, the most that can be collected under each coverage per accident is the stated maximum limit. A combined single limit (CSL), often called a “smooth” limit, has the total stated limit available with no specific sub-limits for Bodily Injury or Property Damage claims. See question 8 for information on limits available from Avemco Insurance Company.
