“Stacking” Your Auto Insurance Policy
December 5, 2018
Hi everybody! I’m Jessica Rafferty. I’m one of the attorneys here at QuatriniRafferty and I handle our personal injury cases. I’m here on Legal Tip Tuesday and I wanted to share with you a tip regarding your auto insurance policy. There are many options, and we have probably talked about quite a few of those during our Legal Tip Tuesdays, but one that I wanted to mention today is “stacking.” If you’re in a household and you own more than one vehicle, you can select “Stacking” on your auto insurance policy. So if you’re injured in an auto accident and the driver that hit you does not have enough insurance coverage to cover all of your injuries, you can look to your own insurance policy (Uninsured and Underinsured Motorist Coverage).
Now that’s a different topic, but what you can do with the Uninsured and Underinsured Motorist Coverages is you can stack the coverages. So for instance if you have a policy that has $50,000 of Uninsured or Underinsured Motorist Coverage, but you have 2 cars in your household and you select “stacking,” you don’t just have $50,000 of coverage anymore. You now have $100,000 of coverage. So basically, you take whatever your Uninsured and Underinsured Motorist Coverage is and you multiply it by the number of cars you have in your household if you select “stacking.” It’s a really good idea to have “stacking” because a lot of times people that are driving out on the road do not have enough insurance to cover the damages they may cause to you and your family, and this is a nice way to protect you.