How much damage is covered under Mark's split liability limits after an accident causing $60,000 and $55,000 in bodily injuries?

Mark's split liability limits provide coverage in two parts: one limit for bodily injury per person and another for total bodily injury per accident. In this scenario, the accident resulted in $60,000 and $55,000 in bodily injuries.

When dealing with split limits, it's essential to understand how they work in practice. The maximum amount that the insurer pays for injuries to any one individual is typically the lower of the split limits designated for individual claims. The total in claim payouts would be subject to the combined maximum of the limits for all individuals involved in the accident.

In this case, if the split liability limits are set to cover a total of $100,000 for bodily injuries, they will adequately cover the total amount claimed, which is $115,000 ($60,000 + $55,000). Given this context, the $100,000 amount reflects the cap that would apply to all claims stemming from this incident. Thus, since the limit is sufficient to cover the total claims incurred, the full $100,000 will be utilized.

This is why the answer of $100,000 demonstrates the proper understanding of how split liability limits respond to the claims arising from an accident.