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Insurance 100/300

When an automobile insurance coverage has the numbers 100/300/100, it signifies that the bodily injury liability is covered up to $100,000 per person, $300,000 per accident, and the property damage liability is covered up to $100,000 per accident. Split limits are the three figures on your auto insurance policy.

The sum represented by each number is the most that your liability coverage will be paid for by your insurance provider. A 100/300/100 insurance therefore has $100,000 per person and $300,000 per accident bodily injury liability limits as well as $100,000 in property damage liability limits. However, 100/300 policies are standard bodily injury liability limits set by national auto insurance carriers.

100/300 insurance: Everything you need to know

What is 100/300 auto insurance coverage?

100/300 auto insurance covers bodily injury liability limits (in a thousand). The 200 covers bodily injury coverage for the individual death per accident and the 300 covers the entire $300,000 for bodily injury for each accident.

In typical cases these policies contain third numbers like 300 / 100. The last 100 represent property losses coverage in thousands in addition to the insurance. It is referred to as split coverage. To further clarify,100/300 stands for $100,000 per person for bodily injuries sustained in one accident, which tops out at a maximum payout of $300,000 for all claims against the Bodily Injury Liability coverage.