Insurance Term:

Sublimits

Sublimits

Sublimits in an insurance policy are the maximum amount of coverage available for a specific peril, such as a storm. A sublimit also may apply to a type of damage or cost, such as debris removal, or an item, such as jewelry. Sublimits are written as a dollar amount or as a percentage of the coverage.


Back to all
Subscribe to our newsletter
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.