A person has "unlimited" insurable interest in their own life, if this is what you wanted to know. So, yes, you can be the primary insured. You also have to be able to pay the premiums.
Posted: Wed Dec 15, 2010 09:11 am Post Subject:
You can but if you if you live in your parents household you will still need to rated as an exposure on there household if you will be driving there cars. If not get excluded from the household and get your own coverage!
Posted: Wed Dec 15, 2010 07:01 pm Post Subject:
I don't think the OP's question was about auto insurance.
Posted: Sat Jan 08, 2011 08:42 pm Post Subject:
Yes, you can be listed as the main insured, commonly referred to as the Named Insured. However, some insurers may not
Posted: Sun Jan 09, 2011 05:00 am Post Subject:
However, some insurers may not
As far as I am aware, all states have laws that establish the minimum age at which a person may contract insurance in their own name as not greater than the earliest age at which a person may obtain a driver license. Even though the standard practice is to include such drivers on a parent's auto policy, there are instances in which there is no insured parent (no drivers) in the household, in which case, the "minor" would have to be allowed to obtain insurance in their own right.
So no insurer has the ability to absolutely bar a minor from obtaining auto insurance.
Some states, such as California, also establish age 16 as the earliest age a person may contract life insurance without a parent's permission/signature on the application.
Posted: Tue Dec 14, 2010 08:59 pm Post Subject:
A person has "unlimited" insurable interest in their own life, if this is what you wanted to know. So, yes, you can be the primary insured. You also have to be able to pay the premiums.
Posted: Wed Dec 15, 2010 09:11 am Post Subject:
You can but if you if you live in your parents household you will still need to rated as an exposure on there household if you will be driving there cars. If not get excluded from the household and get your own coverage!
Posted: Wed Dec 15, 2010 07:01 pm Post Subject:
I don't think the OP's question was about auto insurance.
Posted: Sat Jan 08, 2011 08:42 pm Post Subject:
Yes, you can be listed as the main insured, commonly referred to as the Named Insured. However, some insurers may not
Posted: Sun Jan 09, 2011 05:00 am Post Subject:
However, some insurers may not
As far as I am aware, all states have laws that establish the minimum age at which a person may contract insurance in their own name as not greater than the earliest age at which a person may obtain a driver license. Even though the standard practice is to include such drivers on a parent's auto policy, there are instances in which there is no insured parent (no drivers) in the household, in which case, the "minor" would have to be allowed to obtain insurance in their own right.
So no insurer has the ability to absolutely bar a minor from obtaining auto insurance.
Some states, such as California, also establish age 16 as the earliest age a person may contract life insurance without a parent's permission/signature on the application.
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