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What does the 250/500/100 liability coverage on the premium policy mean?
Here's the auto insurance quote:
1999 Honda Accord LX [ assume a 20 year old masculine with Good Student Discount and Accident - Free for 3 years]
Quote:
Premium with Comprehensive and Collision ($500 deductible) With Multicar and Multiline Discount
1999 HONDA ACCORD TERR:003
,AFD3YR, VSD2
RG:04 CL:5B GS - PREM
BIPD 250/500/100 = $284.74
WITH P1
PIP P4 = $4.00
COMP $500 DED = $52.79
COLL $500 DED = $162.39
ERS = $2.60
R1 80%/500 = $11.60
U 250/500 =$19.40
S 1 AT 5000 =$1.20
NEW PREMIUM =$538.72
--------------------------------------…
If you can't read the above, after what's 250/500/100 liability coverage on a premium policy mean?
Answers:
250/500/100 means $250,000 per personality bodily injury/$500,000 per accident bodily injury and $100,000 property damage. This is liability which funds damage you cause to others. So, if you hold an at fault accident and within are injuries and property damage, your policy will pay up to $250,000 per human being for their bodily injury no matter how many race are injured (it looks like you are in a PIP state which pays the medical bills so this would plausible not include medical depending on the PIP limits). Your policy will pay up to $500,000 in bodily injury total per luck no matter how many inhabitants are injured. They will also pay up to $100,000 in property blight no matter how many vehicle are damaged (or building, pole, etc). Source(s): Insurance agent
Liability: This is essentially claims made against you for bodily injury or property damage. "250/500/100" is "split hold back coverage". Means 250 per limit person; 500 aggregate control per incident, and 100 property damage. Source(s): http://www.autoinsuranceselect.com/article-264/auto_insurance_basics/
Related Questions:
Here's the auto insurance quote:
1999 Honda Accord LX [ assume a 20 year old masculine with Good Student Discount and Accident - Free for 3 years]
Quote:
Premium with Comprehensive and Collision ($500 deductible) With Multicar and Multiline Discount
1999 HONDA ACCORD TERR:003
,AFD3YR, VSD2
RG:04 CL:5B GS - PREM
BIPD 250/500/100 = $284.74
WITH P1
PIP P4 = $4.00
COMP $500 DED = $52.79
COLL $500 DED = $162.39
ERS = $2.60
R1 80%/500 = $11.60
U 250/500 =$19.40
S 1 AT 5000 =$1.20
NEW PREMIUM =$538.72
--------------------------------------…
If you can't read the above, after what's 250/500/100 liability coverage on a premium policy mean?
Answers:
250/500/100 means $250,000 per personality bodily injury/$500,000 per accident bodily injury and $100,000 property damage. This is liability which funds damage you cause to others. So, if you hold an at fault accident and within are injuries and property damage, your policy will pay up to $250,000 per human being for their bodily injury no matter how many race are injured (it looks like you are in a PIP state which pays the medical bills so this would plausible not include medical depending on the PIP limits). Your policy will pay up to $500,000 in bodily injury total per luck no matter how many inhabitants are injured. They will also pay up to $100,000 in property blight no matter how many vehicle are damaged (or building, pole, etc). Source(s): Insurance agent
Liability: This is essentially claims made against you for bodily injury or property damage. "250/500/100" is "split hold back coverage". Means 250 per limit person; 500 aggregate control per incident, and 100 property damage. Source(s): http://www.autoinsuranceselect.com/article-264/auto_insurance_basics/
Related Questions: