Definitions for "Split limits"
Keywords:  bodily, injured, auto, injury, separa
A type of policy limit of which the limits for Bodily Injury and Property Damage are separated.
A limits structure for Bodily Injury and Property Damage Liability or Uninsured Motorist coverage which provides, for Bodily Injury, one limit per person, which is the maximum payable for all damages payable to any one injured person, a separate limit per Occurrence, which is the maximum payable for all Bodily Injury in any one occurrence, and a third limit which is the maximum payable for Property Damage in any one Occurrence. Most personal lines auto insurance is written Split Limits. (See Limit; Occurrence; Combined Single Limit)
Policy limit that provides separate limits for BI and PD.