by Guest » Wed Nov 11, 2009 09:16 am
Can I afford to have different insurance policies on the same car?
I mean, can I get one policy to cover my son and another one for me!
I mean, can I get one policy to cover my son and another one for me!
Posted: Wed Nov 11, 2009 12:43 pm Post Subject:
Can I afford to have different insurance policies on the same car?
I don't know let me see your check book and I'll tell you...you cannot have multiple policys on the same car.. Imean, can I get one policy to cover my son and another one for me!
Sure if you want, but why would you want to?Posted: Wed Nov 11, 2009 01:44 pm Post Subject:
If there are multiple policies on the same vehicle there is going to be duplicate coverage. There are parts of the policy that state how they are going to react to this type of situation. Most auto policies are going to share or split the loss between them. so you'd be paying a premium on two policies but only getting the coverage afforded by one.
Posted: Fri Nov 13, 2009 04:17 am Post Subject:
Sure if you want, but why would you want to?
I thought it would help my son be more responsible and keep my rates unaffected.
Most auto policies are going to share or split the loss between them.
Thanks for the information. But, is this split gonnabe decided by the carriers or by the insured?
Posted: Fri Nov 13, 2009 11:49 am Post Subject:
Then either get your son his own policy on his own vehicle. Or add him/his car to your policy and make him pay you his premium every month. If he doesn't pay, the car is still insured BUT you have the keys if he doesn't pay..(that's what we did)
Posted: Sat Nov 14, 2009 05:24 am Post Subject:
Posted: Sat Nov 14, 2009 05:25 am Post Subject:
IN CALIFORNIA, YOU CANNOT DOUBLE INSURED A VEHICLE,
Posted: Sat Nov 14, 2009 12:33 pm Post Subject:
I seriously doubt you can in any state.
Posted: Sat Nov 14, 2009 07:22 pm Post Subject:
As I understand it, you can obtain multiple for an antique or collector vehicles.
Posted: Sat Nov 14, 2009 09:51 pm Post Subject: right, but ..........
But we're talking on an every day use vehicle.
Posted: Sat Nov 14, 2009 09:54 pm Post Subject: but........
seriously who would wanna pay to differrent insurance companies when in reality only one is gonna pay out during a claim. especially now in this time of economic issues
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