Splits Limit Policy
Splits Limit Policy is a type of coverage that offers better benefits to the 3rd party. From the name itself, the coverage of both bodily injured and damaged property will be separated by coverage. So payments due to the damaged vehicles will be paid by the property damage and the bodily injury coverage takes care of the injuries. The insured driver under the split limit coverage can opt for a maximum payout per type of coverage. This coverage can give out maximum amount for the injured and maximum amount to damaged properties.