Why do you need Stacked Uninsured Motorist Coverage?
Stacked uninsured motorist coverage for your vehicle in an amount equal to your bodily injury coverage is important.
Insurance agents may tell you that you do not need this coverage even if it is inexpensive. If they do, ask if they are working for you or working for the insurance company.
Insurance agents may tell you that you do not need uninsured motorist coverage, or that you do not need much of it. Why would you protect other people more than you protect yourself? Why would you have more bodily injury liability coverage than uninsured motorist coverage?
The insurance company may want you to have less uninsured motorist coverage so the insurance companies can save their money.
It is more likely that a careful driver will be a victim of a bad driver. Hence, the insurance companies may be happy to sell you bodily injury liability coverage, which you may never use, because you may never cause a crash. But, they may be hesitant to sell uninsured motorist coverage because you are more likely to be a victim and need reimbursement.
In summary, insurance companies may want you to buy uninsured motorist coverage but they do not want you to buy much because the premium for good coverage is not much more and the insurance company is more likely to have to actually pay a claim.
In our opinion, your uninsured motorist coverage should be “stacking” and in an amount equal to your bodily injury liability coverage.
Stacking coverage increases in amount for each vehicle you insure. This option is usually not much more in premium charges and can dramatically increase your coverage. Stacking also protects your relatives that live with you and you if you are on a motorcycle.
Howell & Thornhill, P.A., wants you to ask, does my insurance company act to protect my family and my health? If your insurance agent tries to sell you non stacking uninsured motorist coverage or uninsured motorist coverage less than the amount of your bodily injury liability coverage, then ask if they are working for you or working for the insurance company.
Do you need a lawyer?
Insurance companies are a business. In our opinion, their job is to make money for themselves. You need to ask if you have a claim, is the insurance company going to pay for my losses as they promise in the commercials?
Or, is the company going to avoid my calls, give excuses on what they will pay, and suggest I do not need a lawyer until it is too late to protect myself? A call to Howell & Thornhill, P.A., is free.
Please call to hear all of your rights. 800-846-7644.