What is an underinsurance claim?
UPDATED: May 8, 2011
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Free Insurance Comparison
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Asked May 8, 2011
If you are involved in an accident and the person who is found to be at fault but does not have enough insurance to cover the claim, underinsured insurance will pay the difference. The purpose of uninsured insurance is to protect you against incidents where you would be left without enough coverage to treat injuries or pay damages caused by another insured driver. Underinsured insurance is different than uninsured coverage, but both are generally packaged to together in a single type of insurance called uninsured/underinsured motorist insurance.
Keep in mind that underinsured insurance only protects you against damages caused by someone else. If you are found to be at fault and do nto have sufficient coverage, your own underinsured insurance will not kick in, and you will be responsible for the the remained of the claim out of your own pocket. To prevent becoming personally liable for large expenses, it is important that you have enough insurance coverage of your own, and that may mean carrying more than the minimum coverage required by your local laws.
Answered May 8, 2011 by Anonymous