Pyramiding
Updated: 11 March 2024
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.
Related Definitions
Related Terms
Related Articles
When Temporary Car Insurance Makes Sense
The Ultimate Guide to Auto Insurance
Insurance Self-Service Portal: The Future of Customer Experience
Blockchain’s Impact on Transforming the Insurance Landscape
What Every College Student Should Know About Renters Insurance
Guidance for Nurses: Five Essential HIPAA Compliance Tips
Related Reading
Revealing the Most And Least Popular U.S. Insurance Companies
What Students Need to Know About Insurance Coverage During Internships
A Roadmap for Students Interested in the Insurance Industry
Strong Identity Verification in the Insurance Sector
How to Avoid Online Insurance Scams
How to Get Into the Insurance Industry With a Finance Degree
