If a liability policy had split limits of 50/100/30, what is the maximum amount that would be payable in the event of injury to a single person?

Prepare for the Personal Auto Insurance Policy Test with concise flashcards and multiple-choice questions. Each question is designed with explanations to enhance learning. Ace your exam!

In a liability policy with split limits of 50/100/30, the first number (50) indicates the maximum amount that will be paid for bodily injury to a single person involved in an accident. Therefore, if one individual is injured, the liability coverage allows for a payout of up to $50,000 for their injuries.

The second number (100) refers to the total maximum amount payable for all bodily injury claims arising from a single accident, which is capped at $100,000, while the third number (30) indicates the limit for property damage liability, allowing for up to $30,000 for damage to someone else's property.

Thus, in the event of injury to a single person, the correct answer is indeed $50,000, as this reflects the specific limit set for individual bodily injury claims in the split limits configuration.

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