Can an unmarried couple living together share the same policy if they each have their own car?
Yes, of course! Insurance companies love two-car policies and often offer discounts. Compare rates to see if it's cheaper to combine or have separate insurance. Each driver will be rated separately, and each vehicle will be rated separately. If you own a house together, and use the same carrier for your homeowner's and auto insurance, even better.
Usually if you live together and your insurance policy is aware of that, they will want the "roommate" to be either explicitly included on the policy (listed as a driver and their driver's license rated) or EXCLUDED (not allowed to drive the car and not covered if they DO drive it).
If you have the same insurance that you had before you lived together, the insurance company might not be aware that you have a "roommate" and this could change your rate. When investigating combining your insurance you may want to consider NOT mentioning that you live with someone if they have a bad driving record.
If one person has a bad driving record, it's sometimes cheaper to have separate policies although in that case the policy of the better driver may need to exclude the bad driver from the policy.
For unmarried gay couples in states or cities where there is domestic partnership there may also be a discount because of this relationship, although it may take some research to find carriers that offer that discount.
Yes, they can cancel all insurance on each other that the other is paying for. This can only happen if the insurance policy was created with both people as either primary or secondary policy holders. A person cannot just call or contact an insurance company and cancel their insurance without being on the policy.
In the state of Texas you do not have to list your child on your policy. If living in your home you can enlist a separate policy for that child. If living in another home it is never a requirement to have them on your policy although there are some policies which certain insurance companies write which require the child on your policy while living in your residence.
Can your step daughters boyfriend insure your car even though he is not the registered keeper or owner of the vehicle?
No. You cannot insure any car that you do not own. The only exception to this is a legally married couple who are both listed as drivers. In a married situation like this vehicles may be owned by one or another and insured on a policy together. I always list both the husband and wife as insureds on the policy so that either one can make changes on the policy and sign documents. Remember an…
Can you add someone elses car to your insurance policy if they are on the title and it is registered to them?
No. Absolutely not. You cannot insure a vehicle that you do not own. The only exemption of this is if the owner and insured are married and live together or a dependent child living at home. Most companies want an adult child to have their own insurance policy even if they live with you. Call your agent and ask to be sure.
Sure. Actually the start up is cheaper since your coverage hasn't already lapsed. His co. will be more than happy to cxl out your old policy for you. See which way is actually cheaper. If you are living together & keep individual you may not be cross covered on each others vehicles. Find out & make sure you are if you keep things as they are.
Not as such. The insurance policy is what, broadly, defines what is covered and what is not, and the duties of the insurer and the insured. An endorsement is an amendment to the policy that changes the coverage that is otherwise provided by the policy. When read together, the proper scope of coverage may be determined.
If a person has a living trust that allows them to live in the home for as long as they live, they would still be eligible for a homeowners policy. The policy should be in the name of the person living there and the trust name should be listed as an additional insured. This way the home is covered which is legally owned by the trust and the contents are protected as they are owned…
If a married couple work for the same public employer in NY State is one of them required to be the contract holder of the insurance?
What are some of the limitations of the national income account in how they represent your standard of living?
Yes, there are a couple ways, you can get together with the other owner and get an insurance policy together for the full amount, or if you are in a bad relationship with the other owner and this is not possible then you can discuss with an insurance company and they may be able to insurance the home for half its value with your name as insured. Most insurance companies do not want to do…