Personal Auto PolicyPregunta 379 de 474
A combined single limit differs from split limits because a combined single limit:
a.Applies one amount to the whole policy term rather than per accident
b.Applies one amount for bodily injury and a separate one for property
c.Applies one amount to all bodily injury and property damage per accident
d.Applies one amount to each injured person, with no accident cap
Explicación
A combined single limit is one pot of money for everything arising out of one accident, so bodily injury and property damage compete for the same dollars and no per-person cap gets in the way. Split limits instead set a per-person injury cap, a per-accident injury cap, and a separate property damage cap. The answer that describes separate injury and property amounts is a split limit, not a combined one.
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Preguntas relacionadas de este tema
- A driver with 100/300/50 limits is at fault. One person's injuries are valued at $150,000, a second person's at $80,000, and a car is damaged to the extent of $12,000. Part A pays:
- With 100/300/50 limits, an at-fault insured injures four people whose claims are valued at $90,000, $120,000, $150,000 and $60,000. Part A bodily injury pays:
- An insured with 100/300/50 limits runs off the road and destroys a $65,000 car and a $10,000 fence. Part A property damage pays:
- An insured carries a $300,000 combined single limit. In one at-fault accident, two people are injured with claims valued at $200,000 and $50,000, and $80,000 of property is destroyed. Part A pays:
- Supplementary payments under Part A of the personal auto policy are:
- After a covered accident the insured is arrested and bail is set at $500. Under the supplementary payments, the insurer pays:
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