222k views
3 votes
The maximum required insurance for bodily injury must be?

a) $100,000
b) $300,000
c) $500,000
d) $1,000,000

1 Answer

2 votes

Final answer:

The maximum required insurance for bodily injury depends on various factors, but a common recommended minimum coverage is $100,000 per person and $300,000 per accident, also known as 100/300 coverage.

Step-by-step explanation:

The maximum required insurance for bodily injury depends on various factors, such as state regulations and individual needs. However, in some cases, the recommended minimum coverage is $100,000 per person and $300,000 per accident. This is known as 100/300 coverage.

For example, if you have 100/300 coverage and get into an accident where one person is injured, your insurance would cover up to $100,000 of their medical expenses. If multiple people are injured, your coverage would be capped at $300,000 for the entire accident.

It's important to note that these are general guidelines, and it's always recommended to consult with an insurance professional to determine the appropriate amount of coverage for your specific situation.

User Shalakhin
by
8.8k points