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Insurance Glossary U

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

 

Umbrella liability

A liability contract with high limits covering over top of primary liability coverages and, subject to deductible, covering exposures otherwise uninsured.

 
Uninsured/Underinsured coverage

Uninsured / underinsured motorists coverage protects you in the event of an accident motorists coverage with an uninsured (no insurance) or underinsured (not enough insurance) driver.

 
Uninsurable risk

An uninsurable risk is one which is literally uninsurable because loss is certain rather than possible. 

 

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