Underinsured motorist coverage definition

Underinsured motorist coverage means coverage for the protection of persons insured under that coverage who are legally entitled to recover damages for bodily injury, death, sickness, or disease from owners or operators of underinsured motor vehicles.
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Underinsured motorist coverage means insurance for damages
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Underinsured motorist coverage. With respect to a "covered auto" for which a premium is shown in the Schedule above for Underinsured Motorist Coverage, under Exclusions That Apply To Underinsured Motorist Coverage, the exclusion for "bodily injury" sustained by any "insured" while "occupying" a "covered auto" while it is being used as a public or livery conveyance is deleted and replaced by the following: "We" do not provide Underinsured Motorist Coverage for "bodily injury" sustained by any "insured" while "occupying" the "covered auto" while it is being used as a public or livery conveyance. However, this exclusion does not apply:
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Examples of Underinsured motorist coverage in a sentence

  • Underinsured motorist coverage in this state is not and shall not be excess coverage to other applicable liability coverages, and shall only provide the insured an amount of protection not greater than that which would be available under the insured's uninsured motorist coverage if the person or persons liable to the insured were uninsured at the time of the accident.

  • Section 31A-22-305.3 is amended to read:31A-22-305.3. Underinsured motorist coverage.

  • Underinsured motorist coverage in an amount not to exceed17 one million dollars ($1,000,000).18 2.

  • Under-insured motorist coverage protects the insured if he is involved in an accident that is not the insured's fault, but the other driver does not have enough insurance to cover the loss.

  • Underinsured motorist coverage protects insured accident victims against negligent drivers who have insurance, but whose insurance is inadequate to cover the magnitude of the plaintiff ’s injuries.

  • Underinsured motorist coverage is designed for situations where an injured person cannot fully recover amounts to which he is legally entitled from a tortfeasor’s insurance coverage alone.

  • Underinsured motorist coverage is included as a part of the uninsured motorist coverage required above.

  • Underinsured motorist coverage comes into play when an at-fault driver has insufficient insurance to pay for the other driver’s total loss.

  • Underinsured motorist coverage is deemed to apply to the first dollar of an underinsured motorist coverage claim beyond amounts paid to the claimant under the exhausted liability policy.

  • This program offers complete reimbursement of fees to around 14 lakh students in the State.

Related to Underinsured motorist coverage

  • Lot coverage means the percentage of lot area covered by all buildings on the lot;

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Sum Insured means the sum as specified in the Schedule to this Policy against the name of Insured / each Insured Person, which sum represents the Company's maximum liability for any or all claims under this Policy during the Policy period for the respective benefit(s) against which the sum is mentioned in the Schedule to this Policy.

  • Uninsured motor vehicle means a land motor vehicle or trailer of any type:

  • Coverage or “Covering”) shall mean that the developing, making, using, offering for sale, promoting, selling or importing of a given compound, formulation or product would infringe a Valid Claim of an issued patent in the absence of a license under such Valid Claim. The determination of whether a compound, formulation or product is Covered by a particular Valid Claim shall be made on a country-by-country basis.

  • Collision only if the Declarations indicate that Collision Coverage is provided for that auto.

  • Insured means the Executive.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.