What does this miserable?
Explain 100/300 bodily injury coverage.
Answers:
wow
I have no theory
It's the maximum amount that an insurance company will pay to you vs an injured personage in an luck. The 100 usually means $100,000. The 300 usually money $300,000. These answers are usually in you policy.
you either reward 100 and the company pays 300 or vice versa
The first number is the most amount they'll remuneration for any one person, within bodily injury, pain & suffering, if YOU exact bodily injury to someone else.
The SECOND number is the most they'll pay surrounded by any accident - so if you hit a sports car with six inhabitants, and they each own $100,000 in injury, the policy singular pays $300,000 total.
There's usually a THIRD number, too, that is your PROPERTY DAMAGE hamper - the most they'll pay, PER ACCIDENT, to fix someone's property that your vehicle damages.
When Bodily Injury borders are split, such as your 100/300 limits, the first number refers to the amount of money your insurance company will wage towards the injury of any one person involved surrounded by an accident contained by which you are found liable. The second number is the total amount they will pay for injury of others, regardless of the number of society injured. Your numbers are in thousands. So you enjoy $100,000 coverage to any one individual that you injur and you have $300,000 total injury coverage for any catastrophe you cause. And most importantly it DOES NOT COVER YOURSELF and may not cover your domestic! Your medical expenses coverage can cover yourself and anyone else...so raise your medical expense coverage!
It means if you hold an accident, respectively person is covered up to $100,000, next to a $300,000 dollar limit for adjectives injured.
If you cause "injury or death" to another party, your "liability limit" is split between the max of how much 1 person get, verses how much a total max payout is on the company's behalf. So, If you injured 1 soul, they can receive no more than 100,000 for their injuries from the company, even if sued. If MORE than 1 person is injured, respectively one gets no more than 100,000 but the total payout will never exceed 300,000. This is call a split limit policy. There should also be a 3rd number after the 100/300. This would be how much is remunerated out for DAMAGES you did to someones car, home, barricade, telephone pole, etc... Just considered necessary you to know.