Arkansas
Arkansas law requires insurers to include this coverage with limits equal to Bodily Injury Liability Coverage limits.
What is Uninsured Motor Vehicle Coverage (UM or U)?
Any named insured can do this in writing to decline uninsured motor vehicle coverage in California.
What is reject the coverage?
Texas law requires insurers to include these coverages on all liability policies unless rejected in writing by any named insured.
What are Uninsured/Underinsured Motorists (UM/UIM) Coverage and Uninsured/Underinsured Motorists Property Damage (UPD) Coverage?
In Florida, if UM coverage limits are selected lower than Bodily Injury limits, or UM coverage is rejected, this is required by law.
What is a signed Selection/Rejection Form?
Approving the uploaded form in PolicyCenter has this effect on the related contingency.
What is it resolves the contingency?
If an insured wants UM or UIM coverage limits less than Bodily Injury limits, this must be done as required by Arkansas law.
What is making a written request?
This is the minimum number of selection/rejection forms required per California policy.
What is one?
The limits of UM/UIM coverage in Texas cannot exceed these limits on the policy.
What are the Bodily Injury (BI) liability limits?
If a Florida policy undergoes a named insured change and the previously signed form signer is no longer on the policy, this action is required.
What is obtaining a new signed Selection/Rejection Form?
In South Carolina, this coverage type cannot be rejected by the policyholder.
What is Uninsured Motor Vehicle (UM) coverage?
This document is generated by agents at policy issuance for Arkansas insurance policies to acknowledge coverage selections or rejections.
What is the Arkansas Acknowledgment of Coverage Selection or Rejection Automobile Coverages Form?
The highest uninsured motor vehicle coverage limit that can be selected in California is the lesser of bodily injury limits or this amount.
What is $1,000,000/$1,000,000?
Selecting this coverage in Texas is considered rejecting Personal Injury Protection (PIP).
What is Medical Payments coverage?
Policies with this type of named insured are only allowed to carry U3-Non-Stacking coverage in Florida.
What is a non-natural named insured (such as a business or entity)?
This is the mandatory minimum UM coverage limit required by South Carolina law for motor vehicle liability policies.
What is $25,000/$50,000/$25,000 (25/50/25)?
Arkansas law requires this type of coverage to be included on all motor vehicle liability policies unless rejected in writing, providing payment for medical expenses regardless of fault.
What is Medical Payments Coverage (MPC or Coverage C)?
If a selection/rejection form is not received within 30 days on a policy that has rejected UBI, this automatic action occurs to the policy in California.
What is a systematic policy change adding U1 with $30,000/$60,000 limits and UPD?
Texas law requires this type of signature on selection/rejection forms for business named insureds.
What is a wet signature (Docusign not acceptable)?
If the selection rejection form was not received by day 30 and a policy change was created to add the U coverage back/ or increase the U coverage limits to match liability to the policy. This action is needed by the Agency in order for the form to be available again.
What is create a policy change to lower the U limits or reject the U limits?
This optional coverage in South Carolina can be rejected or selected up to the BIPD limits.
What is Underinsured Motor Vehicle (UIM) coverage (Coverage W)?
This coverage can have limits less than the Property Damage Liability limits but must be rejected entirely in writing if not purchased.
What is Uninsured Motor Vehicle Property Damage Coverage (UPD)?
If the selection/rejection form is uploaded but not reviewed by underwriting by day 30, the contingency status changes to this, giving an additional 60 days for review.
What is Extended Approval Status?
The sel/rej Form will be declined and the agency will be instructed to re-upload if a selection/rejection form is uploaded this way instead of within the contingency.
What is outside the contingency or supporting document screen?
In Florida, if a policy with a non-natural named insured has U3/Non-Stacking limits that match BI limits, this happens at day 30.
What is the contingency auto-approves any uploaded form without review?
A signed form is required on new submissions and rewrites when this coverage exists on the policy.
What is Bodily Injury and Property Damage Liability (BIPD)?