Stacked insurance coverage is linked with the Underinsured Motorist Bodily Injury
and the Uninsured Motorist Bodily Injury coverage on your car insurance policy.
The Underinsured Motorist Bodily Injury coverage pays for your medical expenses if
the at-fault driver has insurance coverage, but the value of your Bodily Injury
Liability claim surpasses the BI coverage. However, the Uninsured Motorist Bodily
Injury coverage pays for medical expenses from a car accident when the at-fault
driver is uninsured.
Benefits of Stacked Coverage
You have to have more than one vehicle to stack coverage. Stacking your
Underinsured Motorist Bodily Injury and Uninsured Motorist Bodily Injury coverage
allows you to increase the amount of both coverage’s by using insurance coverage
from multiple cars on your auto policy instead of just one. With stacked coverage,
you will have access to a maximum amount. However, your auto insurance coverage
limit will increase when stacked because stacking provides you with a bigger pool of
money.
Does Your Car Insurance Policy Qualify For Stacked Coverage?
Your policy contract and state law will determine whether or not you qualify for
stacked coverage. First, contact your insurer to confirm if you can stack your
coverage. If available, your agent will discuss this option with you.
You can select or decline stacked coverage on your insurance policy. However,
having access to more coverage means paying a higher premium, like other
coverage options on your auto policy.
