In a personal auto policy, what does the term "single limit" refer to?

The term "single limit" in a personal auto policy refers to a combined total for bodily injury and property damage liability coverage. This means that there is one aggregate limit that applies to all claims arising from a single accident, regardless of whether they pertain to bodily injury, property damage, or both. For instance, if a policy has a single limit of $300,000, that amount is available to cover all claims resulting from an accident up to that limit. This can provide flexibility in how the funds are distributed across various types of claims, as opposed to having separate limits for bodily injury and property damage. This characteristic can be particularly advantageous in situations where multiple claims arise from a single event.