If an auto policy has split limits of 30/50/25, what is the maximum amount the policy will pay for injuries to one person in a single accident?

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Prepare for the Wisconsin Casualty Insurance Test. Study effectively using multiple choice questions with hints and explanations. Ensure success in your exam!

Multiple Choice

If an auto policy has split limits of 30/50/25, what is the maximum amount the policy will pay for injuries to one person in a single accident?

Explanation:
Split limits describe how much liability coverage pays for bodily injury and property damage in two parts. In a 30/50/25 setup, the first number is the maximum the policy will pay for injuries to a single person in one accident. So, for injuries to one person, the policy will pay up to $30,000. The second number, $50,000, is the total amount the policy will pay for all bodily injuries in that accident, and the third number, $25,000, is the limit for property damage. Thus, the maximum amount for injuries to one person is $30,000.

Split limits describe how much liability coverage pays for bodily injury and property damage in two parts. In a 30/50/25 setup, the first number is the maximum the policy will pay for injuries to a single person in one accident. So, for injuries to one person, the policy will pay up to $30,000. The second number, $50,000, is the total amount the policy will pay for all bodily injuries in that accident, and the third number, $25,000, is the limit for property damage. Thus, the maximum amount for injuries to one person is $30,000.

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