If you purchased automobile insurance coverage with policy limits of $

If you purchased automobile insurance coverage with policy limits of $100,000/$300,000/$20,000, this means that

A)

a maximum of $100,000 would be paid to the injured in your automobile and $300,000 to the injured in the other car.
B)

$100,000 is the limit on damages per individual with a $300,000 overall limit per accident.
C)

$20,000 is the limit on damages per individual with $100,000 limit per accident and an overall limit on all accidents of $300,000.
D)

$100,000 is the limit on damages per individual with a maximum of $300,000 being paid to the driver of the other car in property damages.

ANSWER

B