Underinsured

Underinsured Motorist Coverage: A False Sense of Protection

July 15, 2014
 
Underinsured Motorist Coverage protects me from other drivers cut rate insurance, right?
 
Wrong.
 
Unfortunately, underinsured motorist coverage is misleading. The name implies that it will cover an injured insured when the other driver doesn’t have enough coverage to pay for the damages. However, many clients are shocked to learn that their underinsured motorist coverage will not be added on top of the other driver’s cut rate insurance to pay off the insured’s damages.