Coverage limits refer to the maximum amount an insurance policy will pay for a particular type of loss or claim. It sets a cap on the amount of money the insurance company will provide in case something happens.
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«coverage»
«limits»
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Phrases with «coverage limits»
Sentences with «coverage limits»
- The cost goes up with higher coverage limits of course. (statefarm.com)
- It's a way to verify insurance with the minimum liability coverage limits for drivers who have been ordered to obtain this by a judge. (turnervermost.com)
- For instance, someone with a highly customized motorcycle might have a need for high coverage limits for custom parts. (valuepenguin.com)
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