If a third party responsible for injuries has insurance, but the limits of that insurance is insufficient to compensate the insured, the insured may look to his or her own motorist coverage if he or she has purchased it to compensate him or her for the difference.
Correct Answer:
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Q7: In many policies, disputes with respect to
Q8: An insured has the right of subrogation
Q9: Split-limits coverage providing $15,000 per person, $30,000
Q10: UIM coverage stands for uninsured motorist coverage.
Q11: coverage provides reimbursement to the insured for
Q13: If an insured is injured by a
Q14: If an insurer attempts to issue a
Q15: A(n) policy comes into effect after the
Q16: An insured is said to attempt to
Q17: When an insurance carrier pays monies to
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