The phrase "to lower the limit" means to decrease or reduce the maximum allowed amount or boundary.
Sentences with «to lower the limit»
Medical payments differs from liability insurance in significant ways, primarily in that it is for minor incidents and comes in very low limits of $ 1,000 or $ 5,000. (insurance.com)
Most renters policies will not pay for veterinary care, for instance and those that do may have relatively low limits for the care. (usinsuranceagents.com)
However, they come with much lower limits on travel interruption claims. (travelinsurance.com)