Stacking
Term · Insurance and risk management · MLC-T-INS-003153
The practice of combining the limits of liability from multiple insurance policies or multiple coverages within a single policy to increase the total amount available to cover a loss. This is most common with uninsured/underinsured motorist coverage in auto insurance. State laws vary significantly regarding whether stacking is permitted.
| Identifier | MLC-T-INS-003153 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003153",
"term": "Stacking",
"field": "Insurance and risk management",
"definition": "The practice of combining the limits of liability from multiple insurance policies or multiple coverages within a single policy to increase the total amount available to cover a loss. This is most common with uninsured/underinsured motorist coverage in auto insurance. State laws vary significantly regarding whether stacking is permitted.",
"url": "https://mlchart.com/terminology/insurance/stacking/"
}
Record 3,258 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.