Stacked UMBI coverage under Florida law is an option based on what requirement?

Stacked Uninsured Motorist Bodily Injury (UMBI) coverage under Florida law is indeed an option based on the insured's choice. In Florida, this coverage allows policyholders to combine the coverage limits from multiple vehicles on a single policy or from multiple policies to increase the total amount available for claims made by them in the event of an accident involving an uninsured or underinsured driver.

The insured must explicitly request this option when purchasing or renewing their policy. Florida law requires insurers to offer stacking, but it is ultimately up to the insured to decide whether they want to accept or decline the stacking option. This choice is significant because it can greatly affect the amount of UMBI coverage available in an accident scenario.

Other options like claimant's requests, insurer regulations, or policy premiums factor into insurance considerations but do not define the basis on which stacking is available to policyholders. This emphasizes the importance of the insured's active decision-making in selecting their insurance options.