Stacked or Unstacked Uninsured & Underinsured Motorist? -That IsThe Question

The post of Oct 11 discussed the importance of Uninsured and Underinsured Motorist coverage.  Another choice you have to make with these coverages is whether you want “Stacked” or “Unstacked” limits.  By default your coverage is stacked.  Waivers must be signed to reject stacking. Stacked coverage allows you to collect the sum of the Uninsured or Underinsured Motorist…

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Elizabethtown Insurance Company Plans To Non-renew Policies

I received notification today from Elizabethtown Insurance Company of their plan to non-renew all insurance policies.  The company will be mailing letters to policyholders informing them of this decision. Pennsylvania law requires that homeowners and personal lines policies be given 30 days notice of intent to non-renew insurance coverage and 60 days notice for commercial policies. I want to…

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Why You Need Uninsured Motorist and Underinsured Motorist Coverage

Pennsylvania  law requires auto owners to buy auto insurance.  The compulsory limit of coverage for Bodily Injury Liability is $15,000 per person / $30,000 per accident and Property Damage Liability $5,000.  These compulsory minimum limits are among the lowest in the nation. However, not everyone obeys the law.  A recent study suggests the recession has caused an increase in uninsured motorists,…

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