Published: | Updated: October 13, 2016

Definition - What does Pyramiding mean?

In terms of insurance, it means adding vehicles to your car insurance or getting an additional policy to add to your existing one.

Insuranceopedia explains Pyramiding

When you register additional vehicles to your car insurance or buy another similar policy to cover the same vehicle, this is also called pyramiding or insurance stacking. Some states in the US do not allow this practice.

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