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An uninsured motorist clause is a provision commonly found in United States automobile insurance policies that provides for a driver to receive damages for any injury he or she receives from an uninsured, negligent driver. The owner of the policy pays a premium to the insurance company to include this clause.
Uninsured motorist coverage and underinsured motorist coverage pay for your medical bills and other damages if another driver hits you and they don’t have any or enough bodily injury liability ...
Uninsured motorist coverage and underinsured motorist coverage: These coverage types could be a lifeline if you’re involved in an accident with a driver who either lacks insurance or has ...
Without uninsured motorist coverage, you could be forced to pay for your medical bills and vehicle repairs if the at-fault driver is unable to do so. Uninsured motorist coverage typically comes in ...
In Colorado, for example, it was estimated in 2009 that 15% of drivers were uninsured. [11] Usually the limits match the liability limits. [citation needed] Some insurance companies do offer UM/UIM in an umbrella policy. Some states maintain unsatisfied judgment funds to provide compensation to those who cannot collect damages from uninsured ...
Uninsured cars - a BMW X5 (left) and Ford Mondeo (right) - seized by Merseyside Police on display outside the force's headquarters in 2006. In the United Kingdom. In the United Kingdom. The Road Traffic Act 1930 , of the UK Government , introduced a law that required every person who used a vehicle on the road to have at least third-party ...
These policies may also sometimes include medical payments, uninsured/underinsured motorist or PIP coverage, depending on the state and company. There is not one car insurance company that’s the ...
The MVAIC, or Motor Vehicle Accident Indemnity Company, may assign high-risk drivers, and pays for victims of uninsured or underinsured motorists. [7] Uninsured means the driver or owner of a motor vehicle has no insurance at all, while an underinsured person has insurance, but the coverage is insignificant compared to the potential damages ...