Provides coverage for bodily injury, and in some states property damage, for losses incurred by an insured when an accident is caused by a motorist who does not have sufficient insurance limits
Insurance that protects an insured and his passengers when the other driver has insurance coverage, but that coverage is inadequate to cover their injuries. See also uninsured motorists coverage.
Coverage is intended to cover you and passengers in your car for losses unpaid because sufficient bodily injury liability limits are not available from the policy of an at-fault driver. How and under what circumstances the coverage becomes operative varies in different states.
A coverage in an Automobile Insurance policy under which the insurer will pay damages up to specified limits for bodily injury damages, if the limits of liability under the liable motorist's policy are exhausted and he cannot pay the full amount he is liable for.
A provision in an automobile insurance policy that protects the insured from losses caused by a driver with inadequate insurance coverage.
Coverage available on your own auto insurance policy to protect you from a loss caused by a negligent driver who has inadequate auto insurance.
This coverage provides protection for the insured, resident relatives, and occupants of a covered vehicle in an accident in which the owner or operator of a motor vehicle who is legally liable and either does not have sufficient coverage or does not have any insurance to cover the loss.
Coverage for the insured and passengers whenever the at-fault driver in an accident has auto liability insurance with lesser limits than the insured's. This coverage lies atop "uninsured motorists coverage" or atop the at-fault driver's low limit automobile liability insurance and provides the insured and passengers with protection equal (usually) to the insured's own automobile liability cover.
This is coverage in an auto policy for which the insurer will pay claims up to certain limits for bodily injury damages, if the limits of liability under the liable motorist's policy are completely used up and the liable motorist can't pay the full amount for which he is liable.
Provides coverage for bodily injury, and in some states property damage, for losses incurred by an insured when a motorist who does not have sufficient insurance limits causes an accident.
In the best of all possible worlds, everyone would have adequate auto liability coverage. But there are people who drive around (often illegally) with no insurance or not enough insurance. If one of these folks happens to cause an accident, you might not be able to collect damages. Uninsured/underinsured motorists coverage -- usually called UM/UIM coverage -- will pay bodily injury costs caused by an uninsured or underinsured motorist. It's a required coverage in some states, and a prudent coverage anywhere. Usually, the limits are the same as the bodily injury portion of your auto liability coverage. UM/UIM coverage can supplement the benefits you can receive under a no-fault system.