Can one person have two car insurance policies on two different cars
No, two policies cannot be issued against a single property as per Insurance Law.
Yes. You can have as many policies as you want from as many companies you want. There are no restrictions about the number of policies a person can have.
can anybody tell me if its possible (and legal) to have two car insurance policies on the same car? can anybody tell me if its possible (and legal) to have two car insurance policies on the same car?
yes, it depends on what kind of insurance you have. i have done it through Geico
there are two types of insurance 1. Life insurance 2. General insurance
This one is easy. If you have an automobile you need auto insurance. If you have a motorcycle you need motorcycle insurance. These are two different types of policies and one will not cover the other. Some insurance companies offer both types of policy so you can purchase both policies from the same company but if you own both you have to have both policies.
Yes, you can have two car insurance policies in the same household but it would probably be cheaper if you just went with one company instead. Most auto insurance companies offer a multiple car discount.
Not a problem at all. Many times individuals may have multiple policies with the same company as one may be a term policy and the other a universal life policy, or you may have two term policies with different term lengths. Sure.
If they are both term life insurance policies, your total coverage would be $30,000. If one, or both are permanent life insurance policies, there may be cash value inside the policies that adds to the payout from the life insurance policies, so there may actually be more than $30,000, if you include the cash value inside the policies.
I think that it is actually illegal to obtain two different insurance policies on one business. This is because if something happened you could collect from two companies.
Sure can.