State Farm Mutual Automobile Insurance v. Beavers

Jack Holt, Jr., Chief Justice.

This case involves the interpretation of Arkansas’s underinsured motorist statute. Appellee Carye Beavers, the daughter of appellees Dwight Beavers and Nan Beavers, was a passenger in her parents’ vehicle on January 1, 1991 when it was struck by an uninsured motorist. At the time of the accident, the Beavers’s vehicle was insured in a single policy issued by the appellant, State Farm Mutual Automobile Insurance Company (“State Farm”), under which the Beavers had paid separate premiums for uninsurance coverage up to $25,000, as well as underinsurance coverage up…