Florida Insurance Licensing Practice Exam

If an insured has $100,000 of 'unstacked' UM, and 2 cars on the policy, how much is available under a UM claim?

1. 0

2. $100,000

3. $200,000

4. $300,000

The correct answer is: $100,000

Unstacked UM means that the coverage limit applies separately to each vehicle on the policy. Since the insured has 2 cars on the policy, they would have a total of $100,000 in UM coverage available (2 x $50,000 for each car). Option A, 0, is incorrect because the insured does have UM coverage. Option C, $200,000, is incorrect because that would be the total coverage available if the UM coverage was 'stacked', meaning the limit for each vehicle would double. Option D, $300,000, is incorrect because that would be the total coverage available if the limit was for a single vehicle with stacked UM coverage.