Liability LimitsAuto Insurance Glossary Topic.
There are two types of liability limits: bodily injury limits and property damage limits. These are set as the maximum amount the insurance company will pay if the driver does harm or damage to another person or their property. For example, if on a policy that says 100/350, that means the policy will pay is $100,000 per person up to $350,000 per accident in the event of bodily injury. If there is an additional number such as 100/350/100 or 100PD on a separate line, this means the policy will pay up to $100,000 in property damage.