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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.

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