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Why is liability insurance required on two identical vehicles owned by the same person with no other drivers?

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2014-09-14 21:17:23
2014-09-14 21:17:23

Insurance laws are based on vehicle coverage rather than driver coverage. Even if each vehicle has the same make and model, each has a different VIN (Vehicle Identification Number. Although no ne else is listed as drivers, other drivers may legally drive your car with permission (e.g. lend your car to someone insured or not) and your insurer ultimately may have to pay if that driver causes damage to property or people. Other "Murphy's law" items include... your parked car rolls down a hill and hits something/someone. Rooftop parking collapses due to weight of car. Explosions....etc. You usually get a multicar discount (although it is clearly not 1/2). If it were possible to guarantee that no-one else drives the cars, that you are perfectly honest, then the premium should (in theory) be half. BUT, most full coverage covers the car, not just who drives the car.

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