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In order to understand what limits of Liability you have on your automobile policy, you will need to review the declarations page.
Go to the section indicating Limits of Coverage and look for the Liability Coverage. The limits will be shown in one of two ways as
follows:
Split Limits
- $ 20,000 Bodily Injury Per Person
- $ 40,000 Bodily Injury Per Occurrence or Accident
- $ 15,000 Property Damage Per Occurrence or Accident
The Bodily Injury Limit per Person is the maximum that the company will pay for any one person's injuries per accident that you are
found to be legally liable for.
The Bodily Injury Limit Per Occurrence or Accident is the maximum that the company will pay for all injuries per accident that you are found to be legally liable for.
The Property Damage Limit per Occurrence or Accident is the maximum that the company will pay for all property damages per accident that you are found to be legally liable for.
OR
The limits might be displayed in a Combined Single Limit for all coverages such as $ 55,000 for Bodily Injury and Property Damage.
This is the maximum that the company will pay for all bodily injuries and property damages as a result of any one accident that you are found to
be legally liable for.
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