What is the coverage limit under Part B of the Personal Auto Policy?

Part B of the Personal Auto Policy typically refers to medical payments coverage, which is designed to cover medical expenses for the insured and their passengers after an auto accident, regardless of who is at fault. The coverage limit established under this part specifically indicates the maximum amount that can be paid for medical expenses for any one person injured in an accident.

This emphasis on a per person basis ensures that there is a defined limit for how much will be covered for individual claimants, which is crucial for both managing risk and underwriting. By specifying a limit per person, the policy ensures clarity and sets expectations for the insured regarding the scope of their benefits in the event of an accident, facilitating better financial planning for unexpected medical expenses.

This understanding reinforces the purpose of the coverage, which is not only to provide financial support following an accident but also to create a framework for claims settlement that helps to limit the insurer's exposure while offering adequate protection to policyholders.