What do the numbers in Nevada's split limits (25/50/20) represent?

The numbers in Nevada's split limits, such as 25/50/20, are indicative of specific liability coverage amounts in an auto insurance policy. The first two numbers refer to bodily injury liability coverage, where the first number (25) represents the maximum amount the insurance will pay for bodily injury to any one person in an accident, and the second number (50) indicates the maximum coverage for bodily injury per accident, encompassing all individuals injured in that incident. The third number (20) represents the liability coverage for property damage, which indicates the maximum amount the insurance will pay for damage to someone else's property resulting from an accident.

This split limit structure is designed to provide clear and explicit coverage tiers, helping policyholders understand their financial responsibilities in case of an accident. It is essential for individuals to recognize how much they are protected for bodily injury and property damage, as these limits can significantly impact their financial exposure in the event of a claim.