What Is Stacked and Unstacked Auto Insurance Coverage?

What Is Stacked and Unstacked Auto Insurance Coverage?

Stacked and unstacked auto insurance only applies to uninsured and underinsured motorist coverage and not to the bodily-injury coverage included in an auto insurance policy. Jacksonville uninsured and underinsured motorist attorneys can review your policy, explain how your coverage relates to your accident and determine what damages your insurance company is obligated to pay.

Florida statute 627.727 outlines the legal parameters for uninsured and underinsured vehicle coverage in Florida. The statute broadly defines an “uninsured motor vehicle” as one where bodily-injury liability limits for its insured are less than the total damages sustained by the person legally entitled to recover damages. Stacked insurance offers greater protection for uninsured or underinsured motorists’ accidents because the coverage combines multiple cars’ coverages, which increases the payment limits when you file an uninsured motorist claim. This is how stacked uninsured motorist coverage works: Say each car carries bodily injury limits of $40,000/$80,000. When stacked, you get the combined coverage (for 2 cars) of $80,000/$160,000. The more cars you own and cover under stacked insurance, the more the coverage increases. By comparison, unstacked insurance only covers the limits for one car. For example your unstacked insurance is $40,000/$80,000 and despite the fact that you insure all your cars with your insurance company, the coverage is limited to $40,000/$80,000.

Car owners should obtain stacked coverage whenever possible because it offers comprehensive coverage. If you suffer injury in an accident, uninsured and underinsured motorist attorneys in Jacksonville can ensure you maximize your recovery as covered by your policy.

The Gillette Law Firm offers a free consultation to discuss your accident and explain how we can help.