 Comments
|
 Send to a Friend
|
 Print
|
 Permalink
|
 Free Legal Evaluation
|
In my previous post, I explained underinsured motorist coverage and uninsured motorist coverage in Pennsylvania. In this post, I’ll explain how stacking the limits on your underinsured and uninsured motorist coverage can greatly benefit households with more than one car.
Just like limited tort and full tort, stacking insurance limits sounds like a confusing term. But what stacking does is actually quite simple – when you “stack” coverage you combine the insurance benefits of each vehicle on your plan. That results in available coverage that equals the total of all your benefits.
Still confused? Let me explain exactly how it works. Let’s say that your household has three cars on your PA auto insurance plan. You decide to purchase underinsured motorist coverage worth $100,000 per person for Vehicles 1, 2, and 3. If you choose to stack the limits on this coverage, then any member of your plan is now eligible to receive up to $300,000 of compensation if they become injured by another driver.
The cost of stacking is relatively inexpensive compared to the value it provides if you or a loved one is in a serious car accident. Hospital bills and lost wages add up fast. Before you know it, you may owe thousands of dollars just because you were struck by a driver that wasn’t paying attention to the road.
Stacking is just another example of coverage that benefits you and not the other driver. Though stacking is not required in Pennsylvania, my law firm recommends that you stack both your underinsured motorist coverage and uninsured motorist coverage to ensure protection for you and the other people on your PA auto insurance plan.
Previous posts in this series:
Underinsured & Uninsured Motorist Coverage