Personal Auto Limits. J has a personal auto policy with liability limits of 50/100/25, um/uim limits of 50/100, a medical payment limit of $5,000 and comprehensive and collision deductibles of $500. A typical coverage limit is expressed in three numbers, such as 25/50/25.
Too many times we hear customers & potential customers tell us “i only need minimum limits, this car is a piece of junk” or “i only drive it to work a few minutes away, i just. Since liability insurance is cheap (compared to. We discussed above some of the ways to decide how much coverage to purchase, but here are some common liability limits that are popular among insured drivers.
Insurance policy limits tell you the maximum amount your insurance will pay for claims on each type of coverage you carry.
The coverage limits are written out as a single number showing the max amount paid out per accident. The second number represents your maximum coverage limit for all persons injured in a single accident. The most common standardized policy is the personal auto policy (pap), developed by the insurance services office, for insuring personal vehicles,. By using an endorsement, many.