Your automobile insurance policy contains policy limits of 200/300/100. If you have an accident in which you are deemed at fault and two people sustain bodily injuries that result in combined claims of $450,000, how much of the claim will not be covered under your insurance policy?

Question

Quizplus · Accepted Answer

The policy limits are $200,000 per person and $300,000 per accident for bodily injury. Since the combined claims are $450,000, the policy will cover up to $300,000. Therefore, $150,000 will not be covered.

Your Automobile Insurance Policy Contains Policy Limits of 200/300/100