In a personal auto policy, the limits 100/300/50 represent:

In a personal auto policy, the limits 100/300/50 represent:

• A. Per accident limit, per person limit, property damage
• B. Per person limit, per accident limit, property damage limit
• C. Property damage limit, per person limit, per accident
• D. Per person limit, property damage limit, per incident limit

Answer: (B)

The three numbers in a personal auto policy show how much the insurer will pay for liability in a crash, split into bodily injury and property damage. The first number is the maximum payable for injuries to any one person. The second is the maximum payable for all bodily injuries in the crash (the total for everyone injured in that accident). The third is the maximum payable for property damage to others’ property in the crash. So 100/300/50 means $100,000 per person for bodily injuries, up to $300,000 total per accident for bodily injuries, and up to $50,000 for property damage per accident. The other options mix up the limits (which are bodily injury per person, bodily injury per accident, then property damage) or use an incorrect term for the second limit.

The three numbers in a personal auto policy show how much the insurer will pay for liability in a crash, split into bodily injury and property damage. The first number is the maximum payable for injuries to any one person. The second is the maximum payable for all bodily injuries in the crash (the total for everyone injured in that accident). The third is the maximum payable for property damage to others’ property in the crash. So 100/300/50 means $100,000 per person for bodily injuries, up to $300,000 total per accident for bodily injuries, and up to $50,000 for property damage per accident. The other options mix up the limits (which are bodily injury per person, bodily injury per accident, then property damage) or use an incorrect term for the second limit.