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The definitions contained herein are for general information only and are not
designed for use in connection with the interpretation of any insurance policy
or annuity policy issued through Insurance Answer Center.
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Auto Insurance Glossary Terms 4 A B C D E F G H I J K L M N O P Q R S T U V W Y |
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Single-Limit |
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This type of liability limit is expressed in a single number. It is also referred to as Combined Single Limit (CSL). It is the most the insurance company is obligated to pay for damages because of bodily injury or property damage or both resulting from a single accident. For example, if the limit is $300,000 per accident, that is what the insurance company will pay up to for all bodily injuries and property damage caused by one accident. This is the case regardless of the number of people injured and what portion is property damage and what portion is bodily injury damage. Liability and Uninsured Motorist limits can be offered as Single Limits vs. Split Limits. |
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| Answer Financial(R) Inc. offers insurance products and services through its licensed affiliates Insurance Answer Center(R) Inc. (California License No. 0B99714), Answer Center Insurance Agency, Inc., and other affiliates. Answer Financial is not an insurance company. Insurance plans and services are from insurance companies and other licensed insurance-related providers. Not all products available in all states. Rates subject to change. |
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