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Bodily Injury Liability (BI)
Liability does not cover damage to your car, but it protects you from lawsuit arising from accidents you cause. This is one of the more important components of an insurance policy.
Liability coverage is usually expressed in three parts: bodily injury per person, bodily injury per accident, and property damage.
Your insurance policy usually describes the amount of liability coverage you have as a series of three numbers, called split limits. Suppose your contract coverage reads 100,000/300,000/100,000. In this example, $100,000 is the maximum the insurance company will pay for bodily injuries to any one person in the accident. The maximum amount paid for all bodily injuries, no matter how many people are hurt in the accident, is $300,000. The maximum amount paid for damage to someone else’s property in the accident is $100,000. Your Bodily Injury and Property Damage Liability may also be shown as a single limit, e.g., $300,000 Combined Single Limit (CSL).
