What do policy limits of 200/300/100 on an auto insurance policy mean? What policy does Florida's financial responsibility law require? What are 4 ways I can reduce my automobile insurance premiums?
Insurance policy limits written as 200/300/100 typically are for bodily injury and property damage liability. This means the limits for bodily injury would be $200,000 per person for injuries you caused to the other party, with a top limit of $300,000 for all injuries sustained...