What Is The Difference Between Aggregate And Per-Person Limits? - Auto Coverage Explained

What Is The Difference Between Aggregate And Per-Person Limits? Have you ever been confused by the terms used in car insurance policies? In this video, we’ll clarify two key concepts: aggregate limits and per-person limits. Understanding these terms is essential for anyone looking to make informed choices about their auto insurance coverage. We’ll break down what each limit means and how they impact your insurance claims. You’ll learn how the per-person limit sets a maximum payout for injuries sustained by one individual in an accident, while the aggregate limit caps the total amount your insurance company will pay for all claims during the policy period. We’ll provide examples to illustrate how these limits work together and how they can affect your coverage in real-life situations. By the end of this video, you’ll have a clearer understanding of how these limits function and why they are important for protecting yourself and managing your insurance costs. Whether you’re a new driver or just looking to refresh your knowledge, this discussion will equip you with the information you need to navigate your auto insurance policy confidently. Don’t forget to subscribe to our channel for more helpful tips on car insurance and related topics. ⬇️ Subscribe to our channel for more valuable insights. 🔗Subscribe: https://www.youtube.com/@AutoCoverage... #CarInsurance #AutoInsurance #InsuranceLimits #BodilyInjury #InsuranceCoverage #PerPersonLimit #AggregateLimit #InsuranceClaims #PolicyDetails #InsuranceEducation #AutoCoverage #InsuranceTips #InsuranceHelp #LiabilityCoverage #InformedDecisions About Us: Welcome to Auto Coverage Explained, your go-to channel for understanding everything related to auto insurance! Our purpose is to break down the complexities of car insurance into easily digestible content that benefits everyone from first-time car owners to seasoned drivers.