Was rear ended while driving a company vehicle. Nearly a year later, and I’m now back to work, but still under doctors care. Workers Comp TD payments totaled $83,000 and 3rd Party paid $7500. (3rd party only had $15,000, I split it with WC).
My underinsured Motorist Coverage is $100,000 . My insurance made a settlement offer for $9500.
Does the WC TD payments reduce the underinsured motorist coverage?
Posted by Wise_Travel_5851
4 Comments
What are your actual losses?
I’d get your policy out and read the UIM section regarding ‘other insurance’
In most states yes it does
Depending on where you live, wc payouts can reduce the UIM limits