Stacked or non-stacked uninsured motorist coverage? That is the question. The easy answer is get stacked uninsured motorist coverage.
For decades, I have been telling all who will listen that the most important automobile insurance coverage you can purchase is uninsured or underinsured motorist coverage. This coverage protects you and your family if you (or they) are injured in a car accident caused by a motorist who carries no or inadequate bodily injury liability coverage. Remember, it is not required for all motorists to carry bodily injury liability coverage so many drivers do not. If you are injured by one of these drivers, uninsured or underinsured motorist will protect you.
When looking to buy uninsured/underinsured motorist coverage, you will be asked if you want stacked uninsured motorist coverage or non-stacked uninsured motorist coverage. The difference between stacked and non-stacked uninsured motorist coverage is in how much you and your family is protected and which situations you will be entitled to uninsured motorist coverage.
Non-Stacked Uninsured Motorist Insurance Coverage
If you purchase non-stacked uninsured motorist coverage insurance coverage, you simply buy the coverage that is stated on the policy. For example, if you have three cars on the policy and purchased $25,000.00 in non-stacked uninsured motorist coverage and are injured by a motorist who carried no or limited bodily injury liability coverage, the covered injured person is limited to $25,000.00 in uninsured/underinsured motorist coverage.
Stacked Uninsured Motorist Coverage
However, when a person purchases stacked uninsured motorist coverage, the coverage increases. Using the example above, if the policy carried $25,000.00 in stacked uninsured motorist coverage with the three vehicles on the policy, the injured person will be able to stack the coverage for each vehicle on the policy making them covered up to $75,000.00 in stacked uninsured/underinsured motorist coverage.
Stacked uninsured motorist coverage can come into play in other scenarios as well. For example, if you are injured as a passenger in another vehicle, your stacked uninsured coverage can provide you coverage (a reason why you purchase stacked uninsured motorist coverage even if you only one vehicle). Also, another scenario where stacked uninsured motorist coverage could apply would be if a person owns a motorcycle and insures it separately under a motorcycle policy. Also, he owns a car and insures the car on a personal policy and purchases stacked uninsured motorist coverage. If the motorcyclist injured by an uninsured motorist while riding his motorcycle, he may be entitled to the stacked uninsured motorist coverage on the auto policy.
Yes, purchasing stacked uninsured motorist coverage will mean paying higher rates. However, these premiums actually help you and your family protect themselves from the negligence of uninsured or underinsured motorists. The additional premium is certainly worth the additional protection.
Drive safely and watch out for those who don’t! Also, protect you and your family with stacked uninsured/underinsured motorist coverage.
Personal Injury Attorney Matthew Noyes represents those injured in car accidents, motorcycle crashes, bicycle accidents, pedestrian accidents and other types of personal injury matters. He is a named partner at the Tampa Bay law firm of Perenich Caulfield Avril Noyes – one of the oldest personal injury law firms in Pinellas County. Call Attorney Matthew Noyes now at 727-796-8282 or complete the form on this page or simply click here to schedule a free case consultation.