What is Underinsured Motorist Insurance coverage?
Answer:
Underinsured motorist insurance coverage is


similar to uninsured motorist coverage. When you are involved in an auto accident and have suffered damages due to the other driver, it’s customary for the other driver’s insurance to cover your losses. However if the other driver does not have insurance or doesn’t have enough insurance, you are out of luck.

Uninsured motorist coverage protects you if you are involved in an accident caused by someone who doesn’t have enough insurance to cover your losses.

For example, all states have minimum insurance liability amounts that all drivers must carry. However, these minimums are not always enough to cover all damages. What if you were paralyzed in the accident? Not only will you have huge medical bills, you may no longer be able to work. Your expenses could very well exceed the minimum liability limits. Underinsured motorist coverage would protect you from getting short changed. The other party’s insurance will still pay until the limits are reached. Once reached, then your underinsured motorist coverage would kick in and pay for further damages.
  more Q&A sessions like this

Trackback(0)
Comments (0)add comment

Write comment
You must be logged in to post a comment. Join for free or Login.

busy