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If I have two separate policies for two separate cars is this considered double coverage?
Wiki User
∙ 12y ago
Not heard of the term double coverage in Insurance. If you had two cars both would require insurance. They could be insured on separate insurance contracts with either the same insurer or 2 different insurers if you prefer . There is a policy now available for householders with more than one vehicle. This type of policy is often refered to as a Multi Vehicle policy where numerous cars are covered under one policy with the insurer giving an additional discount for the multi purchase.
Wiki User
∙ 12y ago
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When multiple liability policies cover the same loss what is this called?
Overlapping coverage, aka, double coverage. etc. The primary policy is generally considered the one providing the broadest coverage for the loss concerned. Any other coverage provided by additional policies should be considered secondary or trailing coverage that can be accessed in teh event your loss exceeds the limits of the primary policy.
Can you have two auto insurance companies?
Any individual can have two different auto insurance companies if they have more than one vehicle. If you find that rates are lower with one company for one vehicle and lower for the other with another company, you can carry two separate insurance policies.
Can you collect on medical coverage for bills even if your health policy pays your hospital bills?
If I understand the question properly, you're asking if you can double-dip from two separate policies, one of them being your normal health insurance and the other being the medical insurance coverage on your automobile. The answer is, basically, no; even though both of them will happily collect full premiums, they will not both pay.
Can you be covered under two different personal umbrella insurance policies and how would they pay?
There is nothing wrong with having more than one insurance policy of any particular type, so long as you are not trying to seek double payment, which would be considered felony insurance fraud and comes with lengthy prison sentences. The policy with the broadest scope of coverage would be considered primary or first position coverage. The secondary policy would not invoke unless the limits of the first policy as well as the underlying policy have been exhausted.
How many letters are there in German?
The German alphabet is considered to have twenty-six letters (the same as in English); the umlauted vowels are not considered separate letters but are considered diacritics. The special double-s character is not considered a separate letter but a diagraph of two s letters (ss), now used only after a long vowel.
What are the release dates for The Booth - 2012 Double Coverage 1-4?
The Booth - 2012 Double Coverage 1-4 was released on: USA: 10 September 2012
Can insure a vehicle twice?
No, you cannot insure a vehicle twice with two different insurance policies simultaneously. This is considered double coverage and is not allowed as it can lead to insurance fraud. You must choose a single insurance policy to cover your vehicle.
Can you get your own car insurance even though the car is already insured in the owners name?
Yes, You may have more than one Auto insurance Policy on a vehicle. You can have 2 or even 3 policies on the same vehicle as well as an Umbrella Policy. It is not uncommon and is perfectly legal to do so. What you can not do however is receive "Double Indemnity". That would be insurance Fraud and a felony offense in the United States. in other word you can't seek double payment from a covered loss or more simply, "you can't get paid twice". Here is the established Legal precedence on Insurance Policies of all types on all types of property in the United States. Policy 1 as Primary When a covered loss occurs and more than one policy exists insuring the same risks. The policy with the broadest scope of coverage is considered the primary Coverage and will invoke to cover it. Policy 2 as Primary If the loss incurred is not covered by the first policy and is covered by a trailing policy then that policy steps up to Primary coverage for that particular loss. Policy 2 as Secondary coverage If and when the limits of the primary policy are reached or exceeded, the next active policy with the broadest scope of coverage will then invoke and act as Secondary coverage if coverage is afforded for the specified risk of loss. Policy 3 trailing If a third policy exists then it will do so in the same order in consideration of coverage scope and specified risks. If an Umbrella Policy also exists, and this too is common, then it too will follow the exhaustion of any and all previous coverage afforded by active Primary or Secondary or even Third Place Coverage. It is allowed, It is legal and Court precedence has been well established more than 100 years ago as to which policies will apply and in what order. What you can not do is seek "Double Indemnity" for any covered loss. That would be illegal and a felony offense in the United States.
Does Liberty life have double indemnity policies?
Yes, Liberty Life does offer double indemnity policies. Double Indemnity is a clause or provision in a life insurance or accident policy to help protect people and the company.
If a family has double coverage would both help pay claims?
It really depends on the insurance. Companies don't want you to "double dip" illegally, but some insurances pay first through one policy and then you can collect the remainder due from your second policy. Also depending on the insurance coverage and limitations, two policies can pay out the full claim. Read your policy's terms and conditions. If you still do not know the answer, contact the insurance carriers; they will be happy to assist you.
Can a bank robber who kills a security guard be tried for both robbery and murder or is that considered double jeopardy?
He must have a single trial for both charges or it would be Double Jeopardy. Double Jeopardy only applies to being tried twice for the same crime. The act of robbery and the act of murder are separate crimes. Whether it is called Double Jeopardy or not they cannot treat the crimes separate and can not charge you for one after you have been tried for the other or you will have excellent grounds for appeal
Is it considered double jeopardy if someone were to get charged with use of a controlled substance two times for two different drugs?
No. Each drug you use, and each time you use it, can be a separate offense.
