1. In a 20/40/15 auto liability limit, the first number is the maximum paid for:

Bodily injury per person

In split limits, the first number is the bodily injury liability limit per injured person.

2. When a covered auto is a total loss under actual cash value coverage, the insurer pays:

The vehicle's actual cash value at the time of loss

Physical damage coverage pays the actual cash value of the vehicle at the time of a total loss.

3. A $500 collision deductible means that on a covered collision loss the insured:

Pays the first $500 of the repair cost

A deductible is the portion of a covered loss the insured pays before the insurer pays the remainder.

4. A newly acquired auto is generally covered under the PAP if the insured:

Reports it to the insurer within the required time

A newly acquired auto is generally covered if the insured reports it to the insurer within the time the policy allows.