0
Can an insurance company write a policy on a home that is not owned by policy holder?
Wiki User
∙ 14y ago
I do not think so unless there is some legal thing with stock holders or something you have to own the home.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What is the Ticker symbol for Auto Owners Insurance company?
Doesn't have one. It's a mutual insurance company owned by policy holders.
What is the Ticker symbol for Auto-Owners Insurance company?
Doesn't have one. It's a mutual insurance company owned by policy holders.
What is group life assurance policy?
A group life insurance policy is an employee benefit program. The employer is the contract holder, and the lives of the employees are insured. If the employee leaves the company the coverage may or may not be convertible to an individual policy (one owned by the former employee, rather than the employer).
Does State Farm trade on the NYSE?
No, State Farm is a mutual insurance company and is owned by their policy owners.
How do you find and old life insurance policy for Hartford life insurance?
If you owned the policy issued by the Hartford, simply contact that company for a copy of it. If they are unable to find any record in their database, then you're out of luck and the policy is likely not inforce.
If a Life Insurance company goes out of business what happens to the loan you have with them?
Life insurance companies never go out of business. They are merged, purchased, or absorbed by another insurance company who then owned their assets and liaiblities. Any loan you have on a life insurance policy is going to be less than the cash value of the insurance policy so the value is going to exceed the amount you owe. You will want to find the new insurance company who now is responsible for your policy.
Can a homeowners policy cover a home owned by a trust?
Yes, The Trust would be named as the policy holder.
Is unexpired insurance an asset?
Yes. Unexpired insurance, or prepaid insurance, represents value to the business since it has utility and is owned by the business (the company has claim to the policy). Therefore by definition, unexpired insurance is an asset.
Is there a family owned auto insurance company in Illinois?
COUNTRY Financial is a family owned auto insurance company in Illinois.
How do you add a non-owned car insurance option to a car insurance policy in the USA?
From a retired California Insurance Broker. The question is not clear as to the issue. When you have a US car insurance policy and you drive a car not owned by the policy holder you are automatically protected as to Liabality unless excluded. Most policy does not exclude such coverage. The phycial damage to the non owned car will not be coverd under your US policy. In commercial auto policy you may add non owned cars but not in personal auto policy. If you have a US auto policy you may decline when renting a car the liabily portion whic is the most expensive. Again check with your Broker to be certain that your policy does not exclude car rental, if not then only accept to buy physical damage only. Some credit card offers Insurance when the rental is charge to the card. A word of caution please call the credit card company and ask them if such insurance covers Liability and physical damage. Car insurance is divided into two major area 1. Liabilty. 2. Physical camage to the car which includes theft. ANSWER Non Owned car policy is also when you dont own a vehicle but you want a policy in force so you dont have a lapse in insurance coveage for when you go and buy a car. This policy is good for when a person is between cars fora period of time.
Does a company owned vehicle have to have commercial insurance?
It might. You should check with your personal auto insurance first. For some business use they will extend the coverage. If they tell you that it will not be covered under your personal policy then you need a commercial policy.
I have a motor vehicle and have hit my sisters vehicle can she claim against my motor policy?
Yes, she can. It makes no difference who the car is owned by, the insurance company will cover the liabilities according to the policy.
