What is the maximum payout for any one accident under PA999?

What is the maximum payout for any one accident under PA999?

• A. 150%
• B. 100%
• C. 50%
• D. 200%

Answer: (B)

Payout limits per accident define how much the insurer will pay for a single incident. PA999 sets the per-accident payout at 100%, meaning the insurer will cover up to the full benefit amount shown for that coverage in the policy for one accident. It cannot exceed that limit, so higher percentages like 150% or 200% would go beyond the cap, and a payout of 50% would underutilize the available benefit. So the maximum payout for any one accident is the full 100% of the coverage limit.

Payout limits per accident define how much the insurer will pay for a single incident. PA999 sets the per-accident payout at 100%, meaning the insurer will cover up to the full benefit amount shown for that coverage in the policy for one accident. It cannot exceed that limit, so higher percentages like 150% or 200% would go beyond the cap, and a payout of 50% would underutilize the available benefit. So the maximum payout for any one accident is the full 100% of the coverage limit.