Nebraska Statutes 44-6406. Underinsured motor vehicle, defined
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Underinsured motor vehicle shall mean a motor vehicle with respect to the ownership, operation, maintenance, or use of which there is bodily injury liability insurance or a bond applicable at the time of the accident and the amount of the insurance or bond is less than or has been reduced by payments to persons, other than an insured, injured in the accident to less than the damages for bodily injury, sickness, disease, or death sustained by the insured. Underinsured motor vehicle shall not include an uninsured motor vehicle.
Source
- Laws 1986, LB 573, § 4;
- Laws 1990, LB 1136, § 123;
- R.S.Supp.,1992, § 60-574;
- Laws 1994, LB 1074, § 6.
Terms Used In Nebraska Statutes 44-6406
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Motor vehicle: shall mean a motor vehicle as defined in section 60-501. See Nebraska Statutes 44-6404
- Underinsured motor vehicle: shall mean a motor vehicle with respect to the ownership, operation, maintenance, or use of which there is bodily injury liability insurance or a bond applicable at the time of the accident and the amount of the insurance or bond is less than or has been reduced by payments to persons, other than an insured, injured in the accident to less than the damages for bodily injury, sickness, disease, or death sustained by the insured. See Nebraska Statutes 44-6406
- Uninsured motor vehicle: shall mean a motor vehicle with respect to the ownership, operation, maintenance, or use of which:
(1) There is no bodily injury liability insurance or bond applicable at the time of the accident. See Nebraska Statutes 44-6405