Uninsured Motorists Coverage will apply if:

Uninsured Motorists Coverage is designed to protect individuals from damages caused by drivers who do not have insurance or do not have enough insurance to cover the damages resulting from an accident. In the context of the options provided, the choice highlighting a bodily injury liability bond that exists but coverage is denied is important because it illustrates a situation where the injured party may still be facing a considerable financial loss due to insufficient coverage on the part of the at-fault driver.

In this scenario, the injured party could seek compensation under their own Uninsured Motorists Coverage, even though the at-fault driver has a liability bond. This is relevant particularly in circumstances where the bond may not cover the full extent of the injuries or if the insurer denies coverage under that bond for any reason.

This showcases the protective nature of Uninsured Motorists Coverage, as it steps in when other forms of liability coverage are inadequate or denied, ensuring that individuals have some form of financial recourse in the event of an accident with an uninsured or underinsured driver.