What does 100/300 insurance mean?
Understand the Problem
The question is inquiring about the meaning of a specific term related to insurance coverage, which often refers to the liability limits of an insurance policy.
Answer
100/300 refers to the bodily injury liability coverage in car insurance, providing $100,000 per person and $300,000 per accident.
The final answer is 100/300 refers to the bodily injury liability coverage in car insurance, providing $100,000 per person and $300,000 per accident.
Answer for screen readers
The final answer is 100/300 refers to the bodily injury liability coverage in car insurance, providing $100,000 per person and $300,000 per accident.
More Information
The '100/300' notation is common in auto insurance and is crucial for protecting against high medical costs in case of accidents.
Tips
A common mistake is confusing the per person and per accident limits. Always check which coverage applies in what situation.
Sources
- What Does 100/300 Car Insurance Coverage Mean? - Policygenius - policygenius.com
- What is 100/300 Auto Insurance Coverage? - paradisoinsurance.com
- The web page with info on - Example Source - autoinsurance.com
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