Sentences with phrase «insufficient insurance cover»

Not exact matches

For the first time since the agency's inception it's insurance premiums will be insufficient to cover its losses.

If your life insurance policy will be insufficient to cover all of these expenses, then you should set a New Year's resolution to fill in the gaps.

If, on the other hand, the motorist's automobile insurance coverage is insufficient to cover your injuries, an injured cyclist can file a claim under their underinsured motorist coverage.

In Texas, an uninsured motorist (UM) is someone without insurance, while an underinsured motorist (UIM) has the minimum liability insurance only, which is sometimes insufficient to cover another driver's injuries and damages.

This insurance you can turn to if the driver who caused the crash has insufficient bodily injury liability insurance to cover your injuries.

In such cases where the at - fault driver either didn't have any auto insurance or where their insurance was insufficient to cover your damages, then you would file a claim against your own policy to seek financial recovery up to the full policy limits or if necessary through filing a civil lawsuit.

In many cases, the policy limits that people might have on their personal insurance policies may be insufficient to fully cover the losses that they suffer in accidents.

Uninsured and underinsured motorist coverage is intended for accidents when the party at fault has no insurance or has insufficient insurance to cover all liabilities.

Additionally, where a drunk driver's liability insurance limits are insufficient to cover all of a victim's damages, an injured person may also opt to file a lawsuit against the bar or restaurant that served alcohol to the driver prior to the crash.

Oftentimes, liability insurance limits are insufficient to cover all of an injured victim's damages.

Apartment dwellers will find their renters insurance is insufficient to cover damage from earthquakes, same as with homeowners insurance.

The more money you have, the more likely you are to be sued following a car accident should your insurance be insufficient to cover all the expenses.

Uninsured / underinsured motorist property damage (UMPD) insurance covers damage to your car if hit by an uninsured driver or a driver with insufficient coverage

Many people these days are driven by finances to opt for home insurance that's woefully insufficient to cover the actual cost of damages.

Although the cheapest car insurance coverage, minimum liability policies are often insufficient for many drivers who have more valuable assets (homes, boats, bank accounts, etc.) to protect than the least expensive insurance can cover.

Underinsured motorist is similar to uninsured motorist coverage, but instead covers you when the at - fault driver has insufficient insurance to fully compensate you.

Underinsured motorist insurance covers injuries sustained at the hands of a driver who has insurance, but the driver's policy is insufficient to pay for all your medical expenses.

The purpose of Underinsured Motorist Coverage (UIM) is to protect yourself in case you are injured in an auto - accident by someone who has insurance coverage that is insufficient to cover the cost of your losses.

If a traveler suffers an injury that requires complicated surgery or long - term medical treatment, the maximum amount of compensation from basic travel insurance will most likely be insufficient to cover the full costs.

Many seniors with insufficient assets or life insurance already in place often choose to make sure these costs are covered by applying for a universal or whole life policy.

Auto insurance policies generally provide uninsured and underinsured motorist coverage, which cover an insured when another driver is liable for an accident but either has no insurance or has insufficient insurance to cover the full extent of the loss or injury.

Underinsured motorist (UIM) coverage protects you when the at - fault driver has some insurance, but the limit is insufficient to cover your losses.

If you have insufficient Brownsville car insurance to cover the damage, your assets could be liquidated to make up the difference.

Uninsured and underinsured motorist bodily injury is also different in that MedPay and PIP coverages only pay if you're injured by an at - fault driver who is either uninsured or whose insurance is insufficient to cover your medical costs.

Uninsured motorist and underinsured motorist coverage — Bodily injury coverage you can obtain, and is required in some states, that will help cover your medical expenses if you're injured by a driver that has insufficient or no insurance.

However, this extension gives you merely the basic insurance coverage called Road Traffic Act cover, which is insufficient to cover the costs of the damaged car and you may be liable for a large part of the other party's claim.

Aside from the required minimum liability coverage required, you should consider that the minimum liability insurance required might be insufficient to cover you if someone sues you.

If your Bolivar auto insurance is insufficient to cover the bills, the other driver can sue you for the difference.

«Many people assume their homeowners insurance will cover the personal property inside their RVs, but it usually only does so to a certain limit, which can be insufficient to protect you from loss,» says Bob Passmore, Assistance Vice President of Personal Lines for the Property Casualty Insurers Association of America.

Underinsured motorist (UIM) coverage applies when the at - fault driver has some insurance, but the limit is insufficient to cover your losses.

Though your employer covers you with group health insurance, it is insufficient to meet today's requirements.

Parents are tensed as the insurance cover for their children studying abroad is insufficient, or the cost of buying a comprehensive policy from a foreign provider is a bit too high.

Common reasons for people not investing in health insurance include cost concerns, perceived lack of returns, work place offering some sort of health cover, insufficient savings, ignorance, the notion that health insurance is not important, lack of knowledge about how to get insurance, etc..

The sum assured in a life or health insurance policy taken five years back may be insufficient towards managing your financial responsibilities today.Also factor in medical inflation and increase your medical insurance cover from time to time.

According to industry officials, the hike of 10 - 15 % in third - party insurance by the regulator is insufficient as it doesn't cover the losses.

If your standard tenant insurance policy is insufficient to cover jewelry, you can opt to buy add - on coverage.

It pays for excess claims left over when the driver liable for an accident has insufficient liability insurance to cover the entire claim.

Uninsured / underinsured motorist coverage pays for injuries to the occupants of the insured car, and also property damage to that car in certain states, when the covered car is struck by a vehicle with insufficient or no insurance.

Uninsured and underinsured motorist coverage helps you pay for costs arising from injuries you suffer after an accident caused by a driver who does not have car insurance or who has insufficient insurance to cover your costs.

Underinsured Motorist Auto Insurance Coverage cover claims in case the driver at fault has insufficient insurance coverage to pay the full amount ofInsurance Coverage cover claims in case the driver at fault has insufficient insurance coverage to pay the full amount ofinsurance coverage to pay the full amount of damages.

Underinsured motorist (UIM) coverage covers the gap between what the at - fault driver's policy pays and your medical expenses when that driver has insufficient insurance.

Uninsured and underinsured motorist coverage provide payments to the covered Westerville driver in accident cases where the other driver is at fault but has insufficient insurance to foot the bill.

If their insurance coverage is insufficient to cover your losses, your condo insurance may cover the costs.

The liability insurance provided by auto and homeowners policies is sometimes insufficient to cover a suit, which means your assets and future earnings must cover the rest.

Irda recently issued letters to all life insurance companies, seeking details on three types of traditional plans: those where death benefit is defined as a return of premium (with or without interest), products in which the initial death benefit is significantly high and reduces subsequently during the currency of the contract, and products in which insurance cover is insufficient / insignificant in relation to the premium, i.e. products mostly of the savings type.

Uninsured and underinsured motorist coverage, which protects you when the negligent driver has no insurance or insufficient insurance (in most states, this covers only bodily injury losses — though some states also include property damage losses).