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What is the meaning of proposal or owner in insurance terminology?
Wiki User
∙ 11y ago
Proposal is the terms of the contract. with the premiums and benefits defined.
The owner is the person who buys the policy. The owner could also be the insured, but does not have to be.
Wiki User
∙ 11y ago
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Where can one find information on non owner insurance?
If you are driving a car that you are leasing or renting, meaning you don't own it, you still require insurance but the policy is called a non owner insurance. A non owner insurance is available from most car insurance providers like GEICO, Progressive, Allstate and esurance. There are also providers who specialize in this kind of policy like Non Owners Car Insurance.
Who would be liable if you were driving a friend's vehicle and got into an accident and they did not have insurance?
The driver's insurance would then be considered "secondary," meaning if the owner of the auto didn't have insurance, then if the person driving the car had insurance, they would be liable.
What is contingent owner on life insurance policy?
The new owner of a life insurance policy if the original owner dies before the insured.
What kind of health examination do you have to undergo before you can qualify for homeowner insurance?
You do not need a health examination to obtain home owner insurance. Your health is not an issue. If you were to suddenly die, after buying home owner insurance, the insurance company doesn't have to pay a death benefit, since home owner insurance isn't life insurance. What happens when a home owner dies is that someone else inherits the house. The new owner will have the option of continuing the existing home owner insurance policy.
Where can you get the cheapest non-owner auto insurance in Florida?
Acceptance Auto Insurance offers cheap non-owner auto insurance in Florida. Non-owner auto insurance is designed for people who only drive occasionally.
What happened if you are owner of the car and insurance is on name of previous owner then can you claim insurance?
The insurance company, once things get sorted out, will probably deny your claim. On top of that, the previous owner screwed themselves, because their insurance will go up.
Does the owner or contractor purchase professional liability insurance?
Traditionally the contractor provides the Insurance. The owner verifies that the contractor has insurance prior to hiring that contractor.
What is Landlords House Insurance?
Landlords house insurance is a type of insurance that protects the owner of a rental property from damage by tenants. This insurance can compensate the owner for cleanup costs and repairs as well.
Need a non owner insurance quotes online?
I need non owner insurance today can some one help me
How do you get insurance when you are not the registered owner of the car?
Answer:As long as you have the owners name on the insurance as owner you can insure it under your own policy
Does an owner of a life insurance policy have to be the payer?
No, the owner of a life insurance policy does not have to be the payer. Pretty much anyone can be the payer.
What is the average cost of Home owner's insurance?
The average monthly cost of home owner's insurance is aproximately $250,000 a month.
