A limit on liability coverage that combines both Bodily Injury and Property Damage into one aggregate amount. (Also known as, Single Limit.)
A single limit of protection for both Bodily Injury and/or Property Damage, contrasted with split limits, where specific limits apply to Bodily Injury and Property Damage separately.
A limits structure for Bodily Injury and Property Damage Liability or Uninsured Motorist Bodily Injury coverage which provides one single limit, which is the maximum payable for all damages in any one occurrence. Most commercial auto insurance is written CSL. (See Split Limits)
In liability insurance the combining of both bodily injury liability and property damage liability insurance under a single limit. The insurance company would pay up to the stated limit on a third party claim regardless of whether the claim was for bodily injury or property damage or both. Example: A $50,000 CSL policy would pay up to $50,000 for bodily injury or property damage regardless of the number of persons injured or the value of the property damaged.
Combining Property Damage and Bodily Injury coverage and showing it as one amount.
Liability policies commonly offer separate limits that apply to bodily injury claims and to claims for property damage. "50/100/25" is shorthand under such a policy for $50,000 per person/$100,000 per accident for bodily injury claims and $25,000 for property damage. A combined single limits policy might cover for $100,000 per covered occurrence whether bodily injury or property damage, one person or many.
Bodily Injury and Property Damage coverage combined into one single amount of coverage.
Refers to bodily injury liability and property damage liability expressed as a single sum of coverage.
Bodily Injury and Property Damage coverage, combined as a single amount.
Bodily Injury and Property Damage coverage expressed as one single amount of coverage.
This is an expressed term for one single amount coverage for both physical injury and property damage.