What does 25/50 10 mean in automobile liability insurance?

For example, an insurance policy with split limits of 25/50/10 means $25,000 is the maximum amount payable by the policy for the bodily injury per person; $50,000 is the maximum payable by the policy per accident; the third number deals with property damage, which is discussed below.

What do policy limits of 25 50 25 mean?

What do the numbers 25/50/25 mean? The first number represents the bodily injury per person monetary limit for one accident. In this case, 25 stands for a limit of $25,000. The second number represents your maximum coverage limit for all persons injured in a single accident.

What is a 25 50 insurance policy?

So, for example, if you are quoted a 25/50 limit for bodily injury, it means that the insurance policy will cover up to a maximum of $25,000 per person injured in an accident and a total of $50,000 in claims for a single accident.

What does 25 50 15 on your auto policy indicate?

So, for example, if you own a 25/50/15 policy the “25” means that your carrier will pay out up to $25,000 for each person injured in an accident that was your fault. The 25/50/15 policy-holder is covered up to $15,000 for damaged property in an at-fault accident.

What are good limits for auto insurance?

The amount of Liability coverage you carry should be high enough to protect your assets in the event of an accident. Most experts recommend a limit of at least $100,000/$300,000, but that may not be enough. This is no place for cheap auto insurance.

Is 25k 50k 25k full coverage?

The first number 25 stands for $25,000. This is you maximum coverage for bodily injury liability for one person injured in one accident or incident. The second one number 50 stands for $50,000. This is your maximum coverage for property damage liability in an accident that you caused.

What does a 50 100 30 coverage mean?

The numbers 100/300/50 represent your policy coverage limits. If you have these auto insurance numbers, your insurance company will pay for $100,000 in bodily injury liability per person, $300,000 in bodily injury liability per accident, and $50,000 in property damage liability.

What is a good bodily injury liability?

You should carry bodily-injury coverage of at least $100,000 per person, and $300,000 per accident, and property-damage coverage of $50,000, or a minimum of $300,000 on a single-limit policy. Raising your limits isn’t expensive: $300,000 in coverage costs 20% more than $100,000, on average.

Do I need medical coverage on auto insurance?

Medical payments coverage is optional. So, if you cause a car accident and don’t have medical payments coverage, you would have to pay out of your own pocket for your medical bills. On the other hand, auto liability coverage is required by law in most states.

Is the Genesis protection plan available in Florida?

Genesis Protection Plan Windshield Protection is available for purchase as part of the Platinum Vehicle Protection package. Contact your local participating dealer to request additional information and confirm their participation in the Genesis Protection Plan program. 1 Windshield Protection is not available in Florida.

What does tire and wheel protection do on Genesis?

Tire and Wheel Protection provides coverage for tire and wheel damage that results from nails, glass, debris, potholes, blowouts and other road hazards. This gives you the confidence that every adventure in your Genesis is a safer one. Tire and Wheel Protection is also available as part of the Platinum Vehicle Protection Package.

What happens when you return a Genesis car?

In the event you enjoy your adventures a little too thoroughly in the years to come, we’ll waive up to $5,000 in excess wear and use charges for Genesis vehicles leased through Genesis Finance. 1 It covers charges for interior stains, tire wear, chips, dents and dings, and more when you return your vehicle at the end of your lease.