Who is covered by Uninsured/Underinsured Motorist Coverage?

Uninsured/Underinsured Motorist Coverage is designed to protect individuals in various situations involving an accident with a driver who either lacks insurance or does not have enough coverage to pay for damages. It is a type of insurance that extends protection to a wide range of individuals connected to the policyholder.

The policyholder is included in this coverage, ensuring that if they are involved in an accident with an uninsured or underinsured driver, they have financial protection for injuries and damages. Family members living in the same household are also typically covered under this policy, as they are generally considered part of the same driving experience that the policy covers. Lastly, passengers in the vehicle at the time of the accident are included as well, allowing them to seek compensation for their injuries through the policyholder's uninsured/underinsured motorist coverage.

This broad coverage is essential because it helps ensure that multiple parties—whether they are the drivers, family members, or passengers—are protected in the unfortunate event of an accident involving another driver with insufficient insurance. The comprehensive nature of this coverage is what makes the choice encompassing all of those categories the correct answer.