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Although it is common place to have more than one policy insuring a risk, Double Indemnity is Illegal. So long as a claim is not filed for the same loss and Double Indemnity does not occur then there is no problem.

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17y ago

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Who insurer pays when an item is insured twice by two insurance companies?

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Can you have two insurance policies on one insured item of home contents?

Yes, though they'll both only cover 50%.


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No, one car cannot be insured by two companies simultaneously.


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Yes


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Two cars can be insured under one policy by adding both vehicles to the same insurance policy. This allows the policyholder to have coverage for both cars with a single premium and set of terms and conditions.


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No, a vehicle cannot be insured by two different companies simultaneously.


Can one person be insured with two separate car insurers. i.e my dad is insured and i want to get insured as a second driver on my own car on a new policy under my dad's name?

Yes, you can purchase as many policies as you want.


Can you be Named Insured on each of two separate policies for two separate homes in the same neighborhood?

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