uninsured motorist insurance

uninsured motorist insurance definition - business

uninsured motorist insurance

Vehicle insurance coverage that pays for losses from an accident caused by a hit-and-run driver or an uninsured motorist, up to the policy limits. The coverage includes property damage and bodily injury. Payment requires proof that the other party was at fault.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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