What does insurance co/ mean by ubi settlement?

Question:


Answers:

Can my insurance rates go up if I report an accident that was no fault of my own?

If you mean UMBI, that is uninsured or underinsured motorists bodily injury. This means an uninsured or underinsured motorist caused the accident and you were injured. If the other party does not have insurance or does not have enough insurance to cover your injury, you collect under your own uninsured/underinsured bodily injury liability coverage. I do not know what UBI means.

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