What is the meaning of 'per person' in the context of bodily injury coverage?

In the context of bodily injury coverage, 'per person' refers to the maximum amount that an insurance policy will pay for injuries sustained by each individual in an accident. This means that if there are multiple people injured in an incident, each person's injuries will be assessed separately, and the insurance will cover up to the specified limit for each person, regardless of the total payout for all claims.

This concept is crucial for understanding the limits of liability coverage in auto insurance policies. For instance, if a policy has a $50,000 per person limit, the insurer will pay up to $50,000 for each individual’s claim if they are injured in an accident, even if there are multiple claims resulting from that same incident. This ensures that each injured party is provided with financial support up to the maximum allowable limit for their injuries.

Other options represent different concepts regarding insurance coverage and do not accurately reflect the distinct nature of 'per person' coverage. The highest total payout for all claims, limits on the number of claims, and property damage coverage all relate to different aspects of insurance policies.