underinsured motorists coverage

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Underinsured Motorist Coverage — An auto insurance policy provision that extends coverage to include property and bodily damage caused by a motorist with insufficient insurance. Underinsured motorist coverage is designed to provide the injured party with compensation above what… … Investment dictionary
uninsured motorist coverage — Protection afforded an insured by first party insurance against bodily injury inflicted by an uninsured motorist, after the liability of the uninsured motorist for the injury has been established. Sturdy v. Allied Mut. Ins. Co., 203 Kan. 783, 457 … Black's law dictionary
Assigned risk — means a driver of a motor vehicle, or a class of such drivers, who would be denied insurance coverage by insurance companies, but are required to be covered under U.S. state law. [See [http://www.thefreedictionary.com/assigned+risk Free… … Wikipedia
underinsurance — un·der·in·sur·ance /ˌən dər in shu̇r əns/ n 1: insufficient insurance 2: insurance coverage protecting usu. against uninsured or underinsured motorists by compensating the insured if the tortfeasor s liability policy limits fall short of the… … Law dictionary

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