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Yes. However, one must be determined to be the primary policy and the other as the secondary policy.
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∙ 13y ago
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Can a car be insured by two different companies at the same time?
Yes, you can buy as many insurance policies as you like. But you can not make the same claim with multiple companies for the same loss or that could potentially constitute a fraud. Your main Insurance policy ( typically that with the broadest coverage would be considered your primary coverage. Other policies (Trailing Coverage) can invoke if the loss you suffer exceeds the limits of the Primary Policy.
If you have full coverage do you need UMPD coverage or will full coverage suffice if you are hit by an uninsured driver?
you dont have to have umpd coverage if you have full coverage but most of the time on full coverage it has umpd and if you dont have umpd your collision will pay for fixing your vehicle but most of the time there is a higher deductible on collision I know this because i am an insurance agent
What is waiting period in life insurance?
Waiting period may refer to the period of time from when you apply for coverage until you actually are insured by the policy. In addition, some graded benefit life insurance policies do not have full coverage from the first day you are insured. These graded plans may have full coverage after a two year waiting period.
Does njm insurance offer full coverage?
The NJM Insurance Group issues policies lasting one full year, compared with the six-month contracts issued by many other insurance companies. At the time that the policy begins, a bill for the premium for the full year of coverage is presented to the policyholder, who may pay the entire amount immediately.
How do you drive a car that was bought if there is no insurance on it but full coverage on your current auto?
I'd call my agent just to be sure, but most policies will cover an additional or replacement car for a reasonable amount of time.
Which insurance pays for delivery of a baby?
Your medical insurance would pay for the birth of a child. This is assuming that you have maternity coverage on your policy. Most group insurance policies that supply coverage to their employees do provide this coverage as any other illness. Individual insurance policies usually do not have this coverage due to the cost. There are also clauses that make you have maternity coverage on your policy for various periods of time depending on the policy.
How long do I need full insurance coverage on a financed vehicle?
In California, anyway, you need full insurance coverage on a car the whole time it is financed. After its paid off, you can drop a bunch of the coverage and just carry liability.
How do you find your coverage?
Your coverage in clearly mentioned in the column 'Sum Insured' of the policy bond. In ULIP policies, the return is dependent on nav value prevalent at the time of surrender/maturity.
Does insurance pay out in full if car is stolen while being financed?
No....only the value ay the time of loss. Gap coverage is available for a reasonable rate on most insurance policies. It can also be purchased through the car dealership.
What is replacement value coverage?
This is defined as the cost to repair without regard to depreciation. All the homeowners policies that I have seen have a cap of 4 time the ACV or the policy limit, whichever is less. When you have a full replacement cost policy you also have the requirement to carry full replacement cost value on your policy at 100%. What this means is that if you don't have enough coverage to pay the full replacement cost, then you will be penalized on every claim whether large or small. For this reason, you only want to carry full replacement cost if you are sure that you have enough coverage to avoid the penalty.
When you purchased your used vehicle you had to have full coverage befor you drove the vehicle off the car lot you purchased full coverage and a few months later you were in accident that wasn't my fa?
I had full coverage when I purchased my used car and a few months later I was in an accident that wasn't my fault and the time I was paying on my insurance they told me that I was only paying liability I never cancelled my full coverage to liability. what can I do about this?
What dental insurance coverage do full-time Best Buy employees have?
Everything complete package
