Question: My Auto Insurance Doesn’t Have Liability In These Three Separate Amounts But Rather Has One, Single Amount. What Does That Mean?

Answer: The State’s minimum coverage of (BI) coverage in the amount of $15,000 per person and $30,000 per accident and $10,000 for property damage is called split limits, i.e. there limits are divided into how it would pay for one person, several persons and what type of damage is involved. There is another type of coverage available in Nevada by most insurers: combined single limit coverage. Rather than splitting the coverages and amounts, the coverage for both BI and PD is placed into one single stated amount, for example, $100,000 CSL (combined single limit).

With CSL, if you are responsible for an accident your coverage will pay up to maximum amount regardless of the number of people you have injured. Also, it will pay up to the maximum amount in property damage. Just, remember regardless of the type of damage or the number of people you injure, your policy will only pay up to the stated CSL limit.