google bot detected Specific Limit | Insurance Glossary | Realestateagent.com

Specific Limit


Definition of "Specific limit"

Todd Lands
  Charles Reinhart Company

Maximum limit of liability of an insurance company for a particular claim or kind of loss that is applicable in general to all such claims or losses. This maximum limit of liability is usually less than the policy limit of liability.



Related Real Estate Glossary terms

Related Real Estate FAQ