Auto & Homeowner's Insurance Glossary

Definitions offered in this section are meant to provide generic insurance information to consumers. They are not complete descriptions of all terms, exclusions and conditions applicable to the products and services offered by Electric Insurance. The terms and conditions of the policies issued are controlling in all cases. Product availability varies by state.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W

	Underinsured Motorist Property Damage (UIMPD)	Underinsured Motorist Property Damage Coverage provides coverage when property damage is sustained by an insured and the negligent operator possesses insurance, but the limits of liability carried by the negligent driver are not sufficient to cover the damages.
	Underinsured Motorist (UIM)	Insurance provisions for the "underinsured motorist" cover you, the insured members of your household and your passengers for injuries, damages or death caused by the negligence of a person with insufficient insurance. Should you have a valid claim against a person whose coverage cannot meet your damages, your policy will meet the difference-up to the limit of liability listed on your policy.
	Uninsured Motorist Property Damage Deductible	Uninsured Motorist Property Damage coverage may be subject to a deductible at the option of the insured. This option may not be available in all states.
	Uninsured Motorist (UM)	In your policy, the "uninsured motorist" provision covers you, the insured members of your household and your passengers for bodily/personal injuries, damages or death caused by an at-fault uninsured or hit-and-run driver. For example, if you are involved in an accident where the other driver is at fault but has no insurance, your policy will cover your medical expenses, up to the limit on your policy.
	Uninsured Property Damage (UMPD)	Property Damage Uninsured Motorists Coverage provides coverage for your auto when property damage is sustained by an insured and the negligent operator does not possess insurance.
	Unoccupied	Property without people occupying or living within it. As opposed to vacant property, unoccupied property may hold furnishings. Unoccupancy beyond a specified period of time is prohibited by the standard homeowner's policy.