Credit: Kadmy/Adobe Stock 'Trap for Unguarded Consumer': Appellate Ruling Finds UIM Step-Down Provision Was Unclear
The ruling, which denied Wausau Underwriters Insurance Co.'s motion for reconsideration, waded into a novel question of insurance law regarding coverage for a vehicle with an alternate garaging address than what's listed on the policy.
April 05, 2024 at 05:43 PM
5 minute read
The Appellate Division upheld a Gloucester County court's summary judgment decision entitling a plaintiff to recover $100,000 in uninsured motorist coverage that the defense tried to disclaim under the policy's uninsured/underinsured motorist endorsement step-down provision.
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