What is underinsured motorist coverage and how does it protect me?
Underinsured motorist coverage is provided under your automobile insurance policy. In the event that you are injured in a motor vehicle accident, caused by the negligence of another driver who does not have sufficient insurance coverage to cover your injuries and losses, you may be able to access your underinsured motorist coverage under your own policy. In order to access this coverage, however, you must have coverage in excess of the coverage afforded under the at fault person’s insurance policy. For example, if you were injured in a car accident caused by the negligence of Driver X, and your case was worth $150,000.00, yet Driver X only had bodily injury coverage under his automobile insurance in the amount of $50,000.00 per person, you could access the underinsured motorist provisions of your policy if your underinsured motorist coverage was in excess of $50,000.00. If your underinsured motorist coverage were $100,000.00, you would be able to collect the $50,000.00 under Driver X’s
Underinsured motorist coverage is provided under your automobile insurance policy. In the event that you are injured in a motor vehicle accident, caused by the negligence of another driver who does not have sufficient insurance coverage to cover your injuries and losses, you may be able to access your underinsured motorist coverage under your own policy. In order to access this coverage, however, you must have coverage in excess of the coverage afforded under the at fault person’s insurance policy. For example, if you were injured in a car accident caused by the negligence of Driver X, and your case was worth $150,000.00, yet Driver X only had bodily injury coverage under his automobile insurance in the amount of $50,000.00 per person, you could access the underinsured motorist provisions of your policy if your underinsured motorist coverage was in excess of $50,000.00. If your underinsured motorist coverage were $100,000.00, you would be able to collect the $50,000.00 under Driver X’s
