Liability limits in auto insurance are typically expressed as three numbers (250/500/100), representing $250,000 per person for bodily injury, $500,000 per accident for bodily injury, and $100,000 for property damage; these limits serve as financial caps that determine the maximum amount the insurance company will pay for covered damages, and policyholders should check their declarations page to confirm their specific coverage limits.
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Limits Explained Fast: 250/500/100Added:
250, 500, 100 usually means three liability limits often shown in thousands. Commonly, 250,000 per person, 500,000 per accident, and 100,000 property damage. Example, limits are caps. Damage above the cap may not be covered. Check your declarations page to confirm your limits. If this helped, please like and subscribe for more insurance tips. Comment limits for examples.
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