Question

Like many americans, stephanie carries a 100/300/100 liability policy. what is the total dollar value of the property damage stephanie caused?

Answer 1

The coverage will carry a maximum of $10,000, the person will have to pay any portion over the $10,000.0

Answer 2

The term 100/300/100 coverage means that a person has coverage of $100,000 bodily injury liability insurance per person, $300,000 total bodily injury liability insurance per accident and $100,000 property damage liability per accident.

So, in case Stephanie caused an accident and property damage, then $100,000 will be borne by the insurance company and above this amount, it will be paid by Stephanie.