What it does
ISO commercial auto forms are written with a single combined limit for bodily injury and property damage per accident. CA 99 27 Split Liability Limits changes that to separate limits, typically bodily injury per person, bodily injury per accident and property damage per accident, as some insureds, contracts or state financial responsibility filings prefer. The 01 87 edition is still current in about 41 jurisdictions.
Who needs it
Small fleets in states where split limits are common or where contracts and regulatory filings are expressed in split limits; accounts that want lower property damage limits than bodily injury limits.
Key points
- Split limits can leave less money for a single seriously injured person than a combined limit of the same total; explain the per-person cap.
- Check the umbrella's required underlying limits and align the auto with that schedule.
- The auto dealers counterpart is CA 99 38; Massachusetts uses MM 99 18.
Quoting notes
Quote both a combined limit and the equivalent split limits when the insured asks; the price difference is often small.
