What is a coverage limit in insurance?
A coverage limit is the maximum amount an insurance policy will pay for a covered loss.
Why is it important to know my coverage limit?
Knowing your coverage limit helps you understand your financial protection and avoid unexpected out-of-pocket costs.
How can I find out my coverage limit?
You can find your coverage limit by reviewing your insurance policy documents or contacting your insurance provider.
What happens if I exceed my coverage limit?
If you exceed your coverage limit, you will be responsible for paying the remaining costs out of pocket.
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