What are the basic liability limits under Section II of a homeowners policy?

The basic liability limits under Section II of a homeowners policy are indeed $100,000 per occurrence for bodily injury or property damage and $1,000 for medical payments to others. This standard limit provides homeowners with a baseline level of financial protection in the event that someone else is injured on their property or if the homeowner is responsible for damage to someone else's property.

The $100,000 limit per occurrence means that this is the maximum amount the insurance will pay for a single incident. The $1,000 medical payments coverage allows for quick payment of medical expenses for injuries incurred by others on the property, regardless of fault, which promotes goodwill and ensures prompt attention to injuries.

These limits are set as standard terms in many homeowner's insurance policies, making it crucial for agents to understand them when advising clients on coverage needs. Adjustments to these limits can typically be made based on individual circumstances and needs, but the basic figures represent a common starting point in the insurance industry.