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Q: Should a cosigner be named as additional insured on auto insurance policy?
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How do you tell if an insurance policy is endorsed if you are the additional insured on a certificate of insurance?

If you are insured then you should see your name on the certificate itself or on the referenced endorsement page.


Cosigner need insurance?

The cosigner on an automobile loan is not the person who has to pay for insurance on the vehicle. The registered owner should pay the fees for insurance. However, it is the cosigner's responsibility to make sure the registered owner is carrying insurance for the vehicle.


What type of insurance should a cosigner obtain on a car?

The insurance reuire by your lender.


If you get a cosigner for a new car and you crash it can they be held responsible?

If you're insured, the insurance company should take care of the damages, but to answer your question: You're responsible just for the car payments in case the primary owner can't make them.


Why should you get a condo insurance?

If your condo is insured, you can receive enough cash to replace your damaged belongings. This type of home insurance gives you security and peace of mind, which are definitely worth the additional expense you will pay for the policy.


What is the difference between a company that is fully insured and one that is self insured?

A company that is fully insured goes to an insurance company and buys insurance. A company that is self insured does not buy insurance and plans to pay any claims out of the companies "pockets". For instance, if you own a home but choose not to buy home insurance, you are self insured if you should have a fire.


How do you know if a car was insured in the year 2008?

Call the insurance company that the owner uses and ask them if it was insured. If you aren't sure what insurance company was used, DMV records should say whether the vehicle was insured or not.


8 Which is the document in Insurance which can be called the Documentary Evidence of Contract between the Insurance Company and the Insured?

That should be your declarations page. It is a binding contract between the insured (you) and the company.


Are you insured to drive other cars which are not insured?

You should double check with your insurance company to see how your policy is written, but usually your insurance would kick in as secondary coverage and you would be covered.


Is it possible to find the VIN to a vehicle you no longer own?

An old insurance policy or the insurance company you had it insured with should have it on file.


How long should you keep insurance documentation?

At least as long as you have the item(s) insured.


How does commercial general aggregate insurance protect the customer?

The aggregate limit can be higher than the per occurrence limit of the policy, thus providing additional coverage should multiple claims be filed against the insured.