What does Split Limits Coverage mean? Read on to discover the definition & meaning of the term Split Limits Coverage - to help you better understand the language used in insurance policies.
Split Limits Coverage
Split limits coverage is a set of limits on payments for auto insurance claims that is split into different categories. It specifies limits for three specific types of claim: bodily injury per person, bodily injury per accident, and property damage per accident.
We hope the you have a better understanding of the meaning of Split Limits Coverage.