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They are talking about liability limits. A lot of companies write a "split" limit policy meaning there is a difference between the per person and total payout. i.e., in California the Minimum limits are $15,000 per person/$30,000 per accident. When they say 100/300, they mean $100,000 per person bodily injury/ $300,000 per accident bodily injury.
What else can I help you with?
What are the differences between car insurance coverage limits of 50/100 and 100/300?
The main difference between car insurance coverage limits of 50/100 and 100/300 is the amount of coverage provided. With 50/100, the insurance will cover up to 50,000 for bodily injury per person and up to 100,000 for bodily injury per accident. With 100/300, the coverage increases to 100,000 per person and 300,000 per accident. In essence, the 100/300 coverage provides more financial protection in case of an accident compared to the 50/100 coverage.
What are the differences between 50/100/50 vs 100/300/100 insurance coverage limits?
The main difference between 50/100/50 and 100/300/100 insurance coverage limits is the amount of coverage provided for bodily injury and property damage. In a 50/100/50 policy, the coverage limits are 50,000 for bodily injury per person, 100,000 for bodily injury per accident, and 50,000 for property damage per accident. In a 100/300/100 policy, the coverage limits are 100,000 for bodily injury per person, 300,000 for bodily injury per accident, and 100,000 for property damage per accident. Essentially, the 100/300/100 policy provides higher coverage limits compared to the 50/100/50 policy, offering more financial protection in the event of an accident.
What is liability auto insurance?
Liability auto insurance protects you from judgments against you in the event that you cause damage with your vehicle. In Nebraska, it usually appears represented in this way: 100/300/100. In that representation, 100 refers to $100,000 worth of coverage per person for Bodily Injury caused by your negligence, 300 refers to the aggregate per claim limit of $300,000 in Bodily Injury caused by your negligence, and the final 100 refers to $100,000 worth of coverage for property damage per accident as a result of your negligence.
What is a 100 fold of 300?
If you mean 100 times 300 then it is 30,000
How much is the insurance that suergeons have to have?
they make 100 million-300 million
If you have a million dollar umbrella and 100-300 on your auto insurance is your total coverage one million three hundred thousand?
It depends on your policy. Your liability coverage for an accident that doesn't involve your car is a million because of that umbrella policy. For an automobile accident, your total coverage is probably 1.3 million, but might be less because of an exclusion in either policy about duplicate coverage. That's not a common exclusion, though it is possible. It depends upon your policy. You should have received a copy of your policy when you paid for your coverage. If you don't have a copy, or don't understand it, call your agent or insurance company.
What does the roman numeral ccc mean?
It means: CCC = 100+100+100 = 300
Can i put storage insurance on a Leased vehicle?
Yes most of the time you can unless your Dealership specifically states that you cant. Most leased vehicles you have a "manditory" coverage. You just have to make sure you apply storage insurance with that coverage. Could be something like this 5,000,000 liability 300 collision / comprehensive replacement insurance
What type of car insurance does the bank require you to have?
If it is a purchase, they will require you to have comprehensive and collision coverage. Usually with no more than $500 or $1000 deductibles depending on the bank. If it is a leased vehcile they may also require you to have 100/300 minimum liability limits.
How much auto insurance is necessary?
The amount of necessary auto insurance to cover you depends on how much assets you have. If you are a homeowner with substantial savings, but have minimal coverage such as 15/30/5 you could be at risk and lose everything in an accident. You open yourself to a lawsuit. Most insurance professionals recommend 100/300/100 and then maybe an umbrella policy on top of that. If a person is at the lower end of the economic scale and is driving an older car, and operating on a tight budget, he could raise his deductible and get higher coverage and still be affordable. It's a tightrope between getting the coverage that you feel safe with and your budget. Good luck! David Albers
What is the mean of 100 300 500 500 600?
100 + 300 + 500 + 500 + 600 = 2000. Then divide by 5 to get 400. The mean of these five numbers is 400.
What are the recommended levels of liability coverage for a driver in Washington state?
Minimum limits are 25/50/10 but you should really consider 100/300/100 or higher.
