What does the liability model of 100/300/50 mean for auto insurance?(1 point) Responses $100 premium, $300 deductible, $50 discount for automatic payment $100 premium, $300 deductible, $50 discount for automatic payment $100,000 per person bodily injury, $300,000 per incident for bodily injury, $50,000 for property damage $100,000 per person bodily injury, $300,000 per incident for bodily injury, $50,000 for property damage $100,000 property damage, $300,000 total per incident, $50,000 bodily injury per person. $100,000 property damage, $300,000 total per incident, $50,000 bodily injury per person. $100 discount for good driver, $300 forgiveness, $50 discount for automatic payment
The liability model of 100/300/50 means that the auto insurance policy provides coverage of up to $100,000 for bodily injury per person, up to $300,000 for bodily injury per incident, and up to $50,000 for property damage.
