What type of liability limit is characterized by a total for bodily injury and property damage resulting from one accident?

The combined single limit is characterized by a unified total amount that applies to both bodily injury and property damage resulting from a single accident. This type of liability limit allows for flexibility in claims; for instance, if an accident causes significant bodily injury but minimal property damage, the entire limit can be used to cover the bodily injury costs. Conversely, if property damage is extensive but bodily injury is minimal, the same limit can be utilized to address those property damage claims. This contrasts with other limit types, such as separate limits, which would divide the limits into specific amounts for bodily injury and property damage. Having a combined single limit simplifies the claims process by removing the need to differentiate between the two types of damage up to the specified limit amount. This makes it attractive to many policyholders.