If youâre working in the freight brokerage field, you know how important it is to keep your FMCSA freight broker license and freight broker bond up-to-date. Staying compliant means staying in business. Thatâs why keeping track of the deadline for your freight broker bond renewal is important. Getting started as early as possible is crucial for ensuring your brokerage can keep its operations running without a break.
Uninsured motorist clause. From Wikipedia, the free encyclopedia. An uninsured motorist clause is a provision commonly found in United States automobile insurance policies that provides for a driver to receive damages for any injury he or she receives from an uninsured, negligent driver. The owner of the policy pays a premium to the insurance company to include this clause.
But if the at-fault driver doesn't have car insurance, you may have to pay out of your own pocket for your medical bills or damage to your car. That's where uninsured motorist coverage comes in: It may help pay for resulting costs, up to your coverage limits, when you're hit by a driver who doesn't have car insurance.