Can You Have 2 Insurance Policies On One Car

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Can You Have 2 Insurance Policies On One Car

Posted by Brassard Adrien on Thursday, 12 December, 2019 22:18:46

Can I have two auto insurance policies? You can have auto insurance on each of your cars or you can have one multiple car insurance policy on all. Another situation would be having 2 insurance policies on the same car. Insurance companies don't all agree with duplicate coverage.

Best Answer: Yes, a car can be insured on two insurance policies at the same time but in the event of making a claim, things will get complicated as you will need to communicate with two insurers. What would happen is both of the insurance companies would pay half of the claim each, so there's no benefit to you.

Yes. You can insure two cars under different policies. As John Geare points out there are some legitimate reasons for divying up auto insurance among multiple policies. Yet… there are plenty more, illegitimate purposes. If you are insuring cars on

Yes, you can probably insure 2 different cars that are registered or titled under your name with 2 different auto insurers, each one thus insured by a different insurance company. However unless there is a good reason to do so it would likely cost you more to insure you cars this way.

The best insurance options if you have multiple cars. For starters, most insurance carriers will allow you to put up to four cars on one policy for a bundled discount. For example, if you and your spouse each drive a car and your teenager drives another one, you can put all three vehicles on one policy.

If you have an accident and try to claim on one insurance policy, your insurer might ask the other insurer to contribute to your payout. This can be problematic if both insurers disagree on how much they need to pay. Insuring the same car twice means you're paying out twice for something you only need to pay for once.