Minimum limits definition

Minimum limits means the minimum amount of liability insurance required to apply to an auto by the motor vehicle compulsory insurance or financial responsibility laws of the state in which you reside, as shown in our records as the garaging address for a covered auto.
Minimum limits. Bodily Injury $1,000,000 each person Property Damage $1,000,000 each occurrence $2,000,000 aggregate Umbrella Coverage $2,000,000
Minimum limits means the minimum amount of liability insurance required to apply to a recreational vehicle by the motor vehicle compulsory insurance or financial responsibility laws of the state in which you reside, as shown in our records as the garaging address for a covered recreational vehicle.

Examples of Minimum limits in a sentence

  • The policy or policies of insurance maintained by the Contractor shall provide the minimum limits and coverage as set forth below: Coverage Minimum Limits Commercial General Liability $3,000,000 per occurrence $3,000,000 aggregate Automobile Liability including coverage $5,000,000 per occurrence for owned, non-owned and hired vehicles Commercial Ramp Access Statutory $1,000,000 per accident or disease Increased insurance limits may be satisfied with Excess/Umbrella policies.


More Definitions of Minimum limits

Minimum limits. All-Risk coverage equal 100% of contract value Coverage Requirements: Occupancy Clause - permits County to use the facility prior to issuance of Notice of Substantial Completion.
Minimum limits. Such insurance shall be written for a combined single limit not less than the following: General aggregate per project $ 2,000,000 Products-Completed Operations Aggregate $ 2,000,000 Personal & Advertising Injury $ 2,000,000 Each occurrence $ 1,000,000
Minimum limits. The Combined Single Limit for Bodily Injury and Property Damage shall be not less than $1,000,000 per occurrence.
Minimum limits means the minimum amount of liability coverage required by the Texas Motor Vehicle Safety Responsibility Act, as amended, that applies to the owner or operator of a car, with a limit for bodily injury to one person in any one accident (the bodily injury “per accident” limit), and with a limit for bodily injury to two or more persons in any one accident (the bodily injury “per accident” limit), and for property damage with a “per accident” limit.
Minimum limits. Such insurance shall be written for a single limit not less than $10,000,000 per claim and $10,000,000 in the annual aggregate.
Minimum limits. Such insurance shall be written for not less than $6,000,000 per occurrence in general coverage and $300,000 per site/ $500,000 per conveyance (for transit) property coverage, on a replacement cost basis.
Minimum limits means the minimum amount of liability insurance required by the motor vehicle financial responsibility laws of the state in which you reside, as shown in our records.