The liability limits on my policy are $125,000 property damage and $250,000 bodily injury damage. This means that the insurance company will pay up to $125,000 for damaged property and up to $250,000 for medical bills. The $250,000 bodily injury limit might not be enough however if more than one person in the other car was involved in the crash-- a medical bill can easily reach $250,000 per person.
Nov 28th, 2014
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