Addition to a Personal Automobile Policy (PAP) that covers an insured who is involved in a collision with a driver who does not have sufficient liability insurance to pay for the damages. See also Uninsured Motorist Insurance.
| Insurance Dictionary: Underinsured Motorist Endorsement |
Addition to a Personal Automobile Policy (PAP) that covers an insured who is involved in a collision with a driver who does not have sufficient liability insurance to pay for the damages. See also Uninsured Motorist Insurance.
| 5min Related Video: Underinsured Motorist Endorsement |
| Uninsured Motorist Coverage (insurance term) |
| Can you sue an underinsured person's insurance company for underinsuring them? Read answer... | |
| What is an endorser? Read answer... | |
| What is an endorsement? Read answer... |
Copyrights:
![]() | Insurance Dictionary. Dictionary of Insurance Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more |