Best Car Accident Lawyers in Casas Adobes, AZ

What is insurance stacking? In Arizona, insurance stacking is a legal practice that allows policyholders to maximize their uninsured/underinsured motorist (UM/UIM) coverage by combining the coverage limits from multiple insurance policies. This practice is particularly relevant in situations where an individual is involved in an accident with a driver who either lacks insurance or does not have sufficient coverage to fully compensate for the damages incurred. Uninsured/underinsured motorist coverage is designed to protect policyholders from the financial consequences of accidents involving drivers who either have no insurance or inadequate insurance. Stacking involves leveraging this coverage across multiple insurance policies held by the same individual or household, allowing for a cumulative effect that can substantially increase the total coverage available. Arizona law allows policyholders to stack UM/UIM coverage under specific circumstances. Typically, stacking is permissible when the policyholder has multiple vehicles insured under separate policies or when they have multiple policies covering different vehicles within the same household. The ability to stack coverage provides an added layer of financial security, ensuring that individuals are better protected in the unfortunate event of a collision with an uninsured or underinsured driver.