Underinsured Motorist Claims Require First that the Applicable Bodily Injury Liability Policies be “Exhausted.”
Los Angeles Uninsured Motorist Attorney, Barry P. Goldberg, observes that Underinsured Motorist claims are always “exhausting!” Underinsured motorist coverage requires exhaustion of the tortfeasor’s policy limits and submission of proof of payment to the insurer. (Wedemeyer v. Safeco Ins. Co. of America (2008) 160 Cal.App.4th 1297, 1303) In California, auto insurance policies must provide coverage for insureds where the…
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