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Car insurance limits explained


What are insurance limits? Also known as your coverage amount, your insurance limit is the maximum amount your insurer may pay out for a claim, as stated in your policy. Most insurance policies, including home and auto insurance, have different types of coverages with separate coverage limits.

What Are Car Insurance Coverage Limits?

Car insurance coverage limits are maximum amounts of money that your car insurance will pay out if you make a claim. For example, if the limit on y...

How Much Car Insurance Do I Need?

There are two different answers to this question. First, you need a certain amount to comply with your state’s law. Second, you need enough to prot...

The Benefits of Higher Insurance Limits

Getting higher limits may costs you more upfront but can save you financially in the event of an accident. The way car insurance works, you’re resp...

When to Consider Lower Limits

The primary purpose of insurance is to protect your property and other assets against risk. If you don’t own property or have many other assets, an...




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[PDF] The Instant Insurance Guide: - Delaware Department of Insurance

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