Not exact matches
It's
generally at least $ 100,000, and many people elect for higher
limits because liability claims on renters insurance can be significant, especially those involving
bodily injury or major property damage such as in an apartment fire.
Insurance companies
generally define underinsured as anyone who is at - fault and has
bodily injury liability
limits that are less than your UIM
limits and the
limits are not enough to cover the losses of those injured.
An insurer
generally sets a
limit of $ 20 million for «legal liability» to pay damages arising from a claim for an accident that results in death,
bodily injury, or damage to property of a third party not living with you.
The insurance industry and consumer groups
generally recommend a minimum of $ 100,000 of
bodily injury protection per person and $ 300,000 per accident, since accidents may cost far more than the minimum
limits mandated by most states.
Insurance experts
generally recommended that you purchase 100/300
limits of
bodily injury liability (meaning $ 100,000 for one person in an accident and $ 300,000 for all people injured in one accident).
Bodily injury liability coverage
generally has two coverage
limits: a per - person
limit and a per - accident
limit.