Iowa Code > Chapter 516A – Uninsured, Underinsured, or Hit-and-Run Motorists


§ 516A.1	Coverage included in every liability policy — rejection by insured
§ 516A.2	Construction — minimum coverage — stacking
§ 516A.3	Effect of insolvency
§ 516A.4	Insurer making payment — reimbursement
§ 516A.5	Tolling of statute

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Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Contract: A legal written agreement that becomes binding when signed.
Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
Statute: A law passed by a legislature.
Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.