In British Columbia Underinsured motorist protection (“UMP”) is a statutory form of first party insurance offered by ICBC to provide indemnity to an insured person in the event that an at-fault motorist has insufficient or no liability insurance or other assets with which to pay a judgment.
With respect to any anticipated Underinsured Motorist Protection, UMP, claim, without a court award, the law provides that the determination as to whether an insured with UMP coverage is entitled to compensation and, if so, the amount of such compensation, is either to be made by agreement with ICBC or, if there is a dispute, submitted to arbitration.
Ump coverage of $1 million is mandatory for all BC insured drivers and anothet $1 million can be purchased as an option.
Talk to a personal injury lawyer of you believe that the person responsible for your injury does not have enough insurance to cover your loss. Take a moment to watch our short video about making and ICBC UMP claim after a car accident.