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Showing posts from June, 2009

Auto Ins.: Difference between CSL & Split Limits

What is the difference between combined single limits (CSL) and split limit insurance coverage amounts? CSL is designed to allow you a lump sum amount coverage, which may be used to effectively cover an automobile loss up to a specified amount. For instance, if your CSL automobile liability limit is $300,000, that amount can be used to cover bodily injury to one person (per person) or all the people in the vehicle injured (per occurrence). In addition any property damage would also be included within the $300,000 insurance amount. The key benefit of CSL automobile liability protection is flexibility. With split limit coverage there are fixed amounts of coverage for each automobile loss. For instance, if your split limit liability amount is $100,000/300,000/100,000 (or 100/300/100) the coverages are broken down into three categories. The first is bodily injury (per person), the second is bodily injury (per occurrence), and third is property damage. For example, if you collide wi