You're right, the forms are very different.
Most US policies are written on the Personal Auto Policy form which combines Liability, Uninsured/Undersinsured motoroist, medical payments and physical damage.
Coverage is also divided by Collision and Comprehensive. Collison covers damage due to running into another vehicle or object. Comprehensive covers other types of accidents - fire, theft, vandalism, falling objects.
The form number/number/number is a split limit. The first number is maximum bodily injury coverage per person, the second is max bodily injury coverage per accident, and the third is property damage coverage per accident. Some policies have a Combined Single Limit which affords one limit for both property damage and bodily injury per accident.
Most states mandate the minimum limit you must carry; however, that mandated limit is so low most motorists purchase in excess of that limit and people with substantial assets will frequently purchase an "excess" or "umbrella" liability policy that drops down over both auto and homeowners liability to afford high limit coverage.
What you guys call "excess" is our "deductible". The insurance company deducts that amount from any claim paid.
2002 Spyder CC
1992 Dodge Stealth R/T Twin Turbo
1986 Porsche Carrera Targa
Last edited by Steeldream; 08-07-2006 at 10:19 PM.