FRIDAY, OCTOBER 18, 2013
Combined Single Limit Liability (CSL)
- allows the insured one single amount of coverage that can be used as needed, either for bodily injury or property damage
- this single amount is the most the insurance company will be obligated to pay for damages resulting from one single accident
- insurer pays a higher premium for this liability coverage
Combined Single Limit Liability is: $100,000/accident
- this is the total that the insured will pay for all bodily injuries and property damage caused in one accident, no matter the number of people injured or what the portion of bodily injury or property damage is
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