Per person limit is the maximum amount the insurer will pay for one person's injuries.
combined single limits
Auto insurance policies may have split limits or combined single limits.
Additional Information
The combined single limit simply states a single dollar limit that applies to any combination of bodily injury and property damage liability claims, as compared to split limits where three separate dollar amounts apply to each accident: per person limit, per occurrence limit for all injured persons, and per occurrence limit for all property damage (PD) resulting from the accident.
Related Terms
Many auto insurance policies use the split limits approach, which combines the per person and the...
Per occurrence limit is the maximum amount the insurer will pay for all claims resulting from a...
