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.