What is the difference between split limits coverage and combined single limits coverage?
If you carry 25/50/25 “split” liability limits on your policy, the coverage would apply like this: 25- $25,000 would be the maximum payable per person injured in any one accident 50-$50,000 would be the maximum payable for all injured persons in any one accident 25- $25,000 would be the maximum payable for property damage of others in any one accident. If you carry combined single liability limits, this would mean that you choose a limit and that could be distributed in any combination in the case of an accident. Example: You select $100,000 combined single limit. That $100,000 is the maximum payable for all bodily injury/property damage claimed in any one accident, whether paid for one person, several people, or property damage; or any combination.
