what is 250 500 insurance

what is 250 500 insurance The numbers 250 500 on a car insurance policy mean the policy will provide a maximum of 250 000 in bodily injury liability coverage per person up to 500 000 per

Discover if 250 500 insurance is right for you Explore comprehensive coverage benefits and cost considerations Get expert insights to make informed decisions A car insurance policy is often represented by three numbers a format used to indicate coverage limits For instance liability coverage is usually expressed by three

what is 250 500 insurance

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what is 250 500 insurance
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The difference between 100 300 and 250 500 in car insurance is how much bodily injury liability coverage each plan provides The 100 300 amount means that a policy has Common liability limits are 25 000 per person 50 000 per accident for bodily injury and 25 000 for physical damage But your state s requirements may be different To determine how much

What is 250 500 Insurance Before we dive into the pros and cons let s define what 250 500 insurance is 250 500 insurance refers to a type of third party liability insurance that Liability limits are usually shown as three numbers referring to the most your insurer will pay for an accident you cause A common policy structure is 250 500 100 which covers up to 250

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Liability car insurance limits outline the maximum your insurance policy will pay if you injure someone or damage someone else s property in an accident Presented as three numbers A policy of 250 500 means you have 250 000 in bodily injury coverage per person and 500 000 in bodily injury coverage per accident Split limit policies also have a

The car insurance numbers may look like this Let s take 25 50 10 as an example The first number 25 stands for a limit of 25 000 This is your maximum coverage for bodily Answer Auto insurance coverage of 250 500 means that the policy provides up to 250 000 per person and up to 500 000 per accident for bodily injury liability This is a higher

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what is 250 500 insurance - 250 500 means the policy offers 250 000 in bodily injury liability coverage per person hurt in an accident you cause up to 500 000 total per accident If you cause an