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What are coverage limits and how do they work?

The amount of insurance you purchase is usually called your policy limit, or limit of coverage. It’s the maximum amount your insurance company will pay for a particular loss or losses, subject to the terms and conditions of your insurance policy.

Each policy is unique and may include a variety of limits.

Watch this video to learn more about some of the most common ones.

 

For additional videos, please visit our Video Library
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