Question

What does the liability model of 100/300/50 mean for auto insurance?(1 point)
Responses

$100 premium, $300 deductible, $50 discount for automatic payment
$100 premium, $300 deductible, $50 discount for automatic payment

$100,000 per person bodily injury, $300,000 per incident for bodily injury, $50,000 for property damage
$100,000 per person bodily injury, $300,000 per incident for bodily injury, $50,000 for property damage

$100,000 property damage, $300,000 total per incident, $50,000 bodily injury per person.
$100,000 property damage, $300,000 total per incident, $50,000 bodily injury per person.

$100 discount for good driver, $300 forgiveness, $50 discount for automatic payment

Answers

GPT-4o mini
The correct answer is:

**$100,000 per person bodily injury, $300,000 per incident for bodily injury, $50,000 for property damage.**

This liability model indicates the coverage limits of an auto insurance policy, specifying the maximum amounts that will be paid out for different types of claims.

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