Split Limit liability coverage provides a specific limit per person for bodily injury and a total amount the insurance company will pay for all injury as a result of one accident. There is a separate and specific amount that is available to pay for property damage in addition to the bodily injury liability coverage limit. A Single Limit policy provides one total amount that the insurer will pay for bodily injury and property damage as a result of one accident.
What is the difference between Split Limit liability coverage and Single Limit liability coverage? | MMG Insurance (2024)
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