Question

Jenna has liability insurance of 10/20/25. What is the maximum payout per accident for property damage? $30,000 $25,000 $20,000 $10,000

Answer 1

If your policy limits are 10/20/5, that’s the maximum coverage you have under the terms of the insurance contract. The “10” is for $10,000 in liability insurance for one injury or person involved. The “20” represents $20,000 for the maximum liability insurance for any one accident, regardless of the number of injuries. The “5” is for $5,000 as the maximum property damage coverage for any one accident.