Do I need stacked uninsured motorist coverage if I only have one car?

There are several excellent reasons to STACK the UM even if you only have 1 car: If you purchase a new vehicle and forget to call us (usually within 14 days), and you are in an accident. Your Non Stacked UM will not respond. Stacked will.

Do I need stacked uninsured motorist coverage in Florida?

In Florida, all insurers are required by law to provide stacked UM with the same limits as your Bodily Injury coverage. This can only be overridden if you decline in writing the option to stack UM coverage.

Whats the difference between stacked and unstacked insurance?

Stacked car insurance increases your uninsured motorist (UM) and underinsured motorist coverage (UIM), depending on the number of vehicles you own. Unstacked coverage on your quote applies your standard coverage limits to one specific vehicle, without combining the amounts.

What does stacked mean in auto insurance?

uninsured and underinsured motorist coverage
Stacked insurance typically applies to uninsured and underinsured motorist coverage. Stacking means that you can combine coverage limits for multiple vehicles. A coverage limit is the maximum amount your insurer will pay toward a covered claim.

What is Unstacked uninsured motorist?

Unstacked insurance means that your UM and UIM coverage limits for multiple vehicles are not combined.

What is the difference between stacked and unstacked insurance in Florida?

What is the difference between stacked and unstacked insurance?

Stacked insurance limits basically mean your Uninsured Motorist and Underinsured Motorist coverage limits may be increased as related to the limits for all of your insured vehicles in case of an accident. Unstacked insurance limits on the other end basically mean your limits for each vehicle are separate.

Should I reject stacked limits of uninsured motorist coverage?

Yes, you can reject stacked uninsured and underinsured motorist coverage limits. If you reject stacked insurance limits, each of your vehicles will have their own UM and UIM coverage limits. Most insurance companies will make you sign a waiver when rejecting stacked UM and UIM coverage limits.

What is stacked uninsured motorist coverage?

Stacked insurance typically applies to uninsured and underinsured motorist coverage. Stacking means that you can combine coverage limits for multiple vehicles. A coverage limit is the maximum amount your insurer will pay toward a covered claim.

What is uninsured motorist stacked in Florida?

“Stacking” insurance applies to Florida uninsured motorist (UM) coverage on your own vehicles. the driver who caused the wreck has no or not enough bodily injury liability insurance to pay your expenses.