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Usually not. Your kid, while still in school, will probably consider your home his primary residence. Generally, insurance companies do, too.
In your case, in particular, being in the same state makes it highly unlikely that your carrier will base your rates on two separate residences.
The above answer is incorrect, the majority of insurance companies will rate the Kid at the address of the school if in the same State as the parents. It is'nt based on where the kid thinks his primary residence is. If the kid is going to be going to school -out of state- then the insurance company will use the parents address as the rating address
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Do I have to change my garaging address if I take my car to college?
Are you in a different state? Wouldn't hurt to advise your agent or the policy services dept of your insurance company.
Can two people have the same Car insurance policy but live in different household?
Two people in separate households can have the same insurance policy. Usually, you can give the insurance company separate garaging addresses.
Can you list a PO Box as address on car insurance card?
PO Box would be your mailing address and the insurance company really cares about the garaging address of the vehicle so it may be difficult.
How could one become a business insurance agent?
You can become a business insurance agent by studying insurance in college or business in college. In addition, you can become a business insurance agent by applying for an insurance company.
Can a power of attorney be added to the life insurance check with the beneficiaries?
That would not be done by an insurance company. The power of attorney expires on the death of the principle.
Can my licensed married daughterdrive my insured car while living elsewhere with her husband?
Yes, but you need to tell your insurance company. Some policies will not cover an accident if they find out the garaging address is different than what is listed on the policy.
Can a 19 year old driver be taken offparents car insurance policy if they live at a different address?
Yes, unless the 19 year old is still drives the car a majority of the time. The insurance company would need to know the new garaging address for premium purposes.
What is Principle of indemnity?
The principle of indemnity is an insurance principle stating that an insured may not be compensated by the insurance company in an amount exceeding the insured's economic loss. "Financial compensation sufficient to place the Insured in the same financial position at the time of a loss, as he was enjoying immediately prior to the loss"
Do you need a college degree to get a job at an insurance company?
A college degree is preferred but not mandatory to work for an insurance company. There are, however, licensing requirements which vary depending on where you live. You should look into your state's requirements for further licensing information.
Do insurance agents need a college degree?
The insurance company hiring for the position will have their own particular requirements but in general you do not need a college degree per say. You need training for the specific type of insurance and to be certified.
What is it that the hartford does?
The Hartford is a financial company that provides many services. They provide auto insurance, homeowners insurance, assitance in college savings, annuties, and life insurance.
Is there a such life insurance company as federal life insurance company?
There is an insurance company called Federal Life Insurance Company.
