Insurance 25/50/25. The numbers on your auto insurance policy represent your coverage limits. The numbers 25/50/20 on your insurance policy represent the monetary limits on your liability coverage.
Many states mandate these three types of coverages. With insurance groups ranging from 1 to 50, vehicles in group 50 are the most expensive to insure. So, for example, if you own a 25/50/15 policy the “25” means that your carrier will pay out up to $25,000 for each person injured in an accident that was your fault.
The First Number Refers To The Bodily Injury For One Person, The Second Is For Bodily Injury Liability For All Persons And The Third Is For Property Liability Damage.
Rhode island minimum car insurance is 25/50/25, although you may purchase more if you choose. $25,000 is the maximum bodily injury liability payment under the policy for injury (or deaths) to one person. Marika’s car had damage of $7,500, and the car she struck had damage of $5,800.
The States With This Minimum Are:
Let’s say you are late for work and you run a red light. All vehicles are assigned an insurance group from 1 (cheapest) to 50 (most expensive), and this helps insurers work out the cost of car insurance. Let’s take a look at how it works.
25/50/25 Means Coverage Of $25,000 Per Person.
If you purchased a 25/50/25 auto insurance policy, that means you have $25,000 in coverage for bodily injury liability per person, $50,000 for bodily injury liability per accident, and $25,000 for property damage liability. The numbers 25/50/20 on your insurance policy represent the monetary limits on your liability coverage. The first number 25 stands for $25,000.
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This means that the minimum liability limits in this state are $25,000 for injuries to one person, $50,000 for all injuries incurred and $25,000 for. Reading auto insurance numbers is easy, the numbers 25/50/10 define the insurance coverage limits. Get plan details on ihc bronze epo hsa amerihealth advantage $25/$50.