![]() ![]() UM/UIM provide coverage for damage to your vehicle caused by an uninsured or underinsured motorist.Ĭomprehensive and collision cover physical damage to your vehicle not caused by an uninsured or underinsured motorist. UM/UIM provide bodily injury coverage when the party at fault does not have liability coverage, or the minimum liability coverage is insufficient to cover the injuries. You may need to consider buying a commercial policy with medical payments, comprehensive, collision and UM/UIM to be certain that coverage exists for damage to you, your car and/or for damage caused by an uninsured or underinsured motorist while you are driving passengers for payment of more than a share-the-expense car pool fee.ġMedical Payments provides coverage for necessary medical services caused by an accident. You should contact your agent, broker or insurance company about potential gaps in your personal automobile coverage that can arise if you are driving for a TNC.Insurance companies might deny coverage to TNC drivers that are driving passengers for payment of more than a share-the-expense car pool fee based on the above exclusion or similar exclusions.This exclusion does not apply to a share-the-expense car pool. We do not provide coverage … arising out of the ownership or operation of a vehicle while it is being used as a public or livery conveyance. A typical exclusion is set forth below (but your exclusion may be different - read your policy): Most standard personal auto policies contain exclusions for livery - which essentially means driving for hire.Potential Coverage Gaps in your own Personal Auto Policy This means that the TNC's liability policy does not have to provide coverage for: 1) bodily injury to the TNC driver 2) damages to the TNC driver's car, or 3) bodily injury or physical damage caused by an uninsured or underinsured motorist. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |