What is the maximum payout for bodily injuries per accident under a 50/100/50 policy?

In a 50/100/50 auto insurance policy, the numbers represent the limits of liability coverage for bodily injuries and property damage in the event of an accident. Specifically, the first number (50) refers to the maximum payout per person for bodily injury, the second number (100) indicates the maximum payout for bodily injury per accident when multiple people are involved, and the final number (50) denotes the maximum payout for property damage per accident.

The correct answer, $100,000, represents the maximum payout for bodily injuries for all individuals involved in a single accident. This means that if a driver is liable for injuries to multiple persons in an accident, the total payout for all bodily injuries cannot exceed $100,000, regardless of the number of injured parties. This coverage is beneficial because it provides a safety net for the policyholder in case of serious accidents resulting in multiple claims, ensuring that sufficient funds are available to cover medical expenses and related costs.

Understanding these limits is crucial for both policyholders and adjusters, as they help establish the potential financial liability after an accident.