PART C: UNINSURED / UNDERINSURED MOTORIST COVERAGE

UM Uninsured

Mandatory in NC can be purchased alone

THE 4 TYPES OF UNINSURED VEHICLES

1; WITHOUT INSURANCE 2; INSURANCE WITH LESS THAN MINIMUM LIMITS REQUIRED BY NORTH CAROLINA 3; INSURANCE WICH COVERAGE IS DECLINED BY THE INSURANCE COMPANY, DRUNK DRIVER, OR AN INSURED WHOS INSURER IS INSOLVENT 4; HIT AND RUN VEHICLE WHOS DRIVER CANT BE IDENTIFIED. ( no property damage covered here

2, UM/UIM

Covers Compensatory Damages, it does NOT cover punitive Damages.

UM/UIM

May have the same limits of Liability Coverage A, but could be different if insured wishes.

UIM Underinsured

Optional, CANT be purchased alone.

VEHICLES EXCLUDED, NOT DEFINED AS UN/UIM

Other vehicles owned by insured or equipment owned by insured, government owned, used for residential living, operated on rails, crawler treads, farming, tractors and any vehicle design to operate off road, unless being operated in a public road. self insured entity vehicles, unless insolvent.

UNINSURED AND UNDERINSURED MOTORIST COVERAGE

Provides coverage in case a hit and run and in the event of collision against an un or underinsured vehicle.