A limit is the most a contract will pay under a stated rule. Before you set two offers side by side, find each limit and write it down in the same words, because sellers often describe the same idea with different terms.
Find the limit types
Look for a per-claim limit, which caps any single repair or replacement. Look for an annual or term limit, which caps total payments across the contract period. Look for a lifetime limit, if the form states it. Check whether the contract sets separate limits for parts and labor, or one limit for the covered item as a whole.
Find the repair-or-replace rule
Many contracts say the seller may repair the item, replace it with a comparable unit, or pay a cash settlement in place of service. The rule that decides which route applies often changes the outcome more than the limit does. Write down who chooses the route, whether you may object to the choice, and what the contract says a comparable unit means.
Build the grid
Make a table with one column per offer and rows for each limit type, each repair-or-replace rule, and the section of the form where each appears. Leave a row marked as silent when the form says nothing, and do not fill it with a guess. A silent row is a question for the seller, and it should not be read as having no limit.
What the grid cannot show
A grid compares written limits. It does not show how a seller applies them, how often claims are approved, or whether a claim will be paid as written. Ask the seller how each limit is measured, such as from the sale or from the day a claim is opened, and get the answer in writing. The Florida page on this site names the regulator and the statute to read alongside any form sold in that state.