General Aggregate

A general aggregate is the maximum amount the insurance company will pay for losses when the policy is active. The general aggregate limits the amount paid to the insured, not the number of claims. For example, the insurer will pay if your car has insurance up to $10,000, the general aggregate limit and the claim amount is $7,000. The insurer will cover any further losses till they reach the $10,000 general aggregate limit.

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