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What does principal driver on automobile insurance policy mean?
The principal driver is the person who drives the vehicle over 50% of the time. This is the main driver of the vehicle and the person who will be rated as the driver for computing the cost of the insurance.
Can you be the main driver with two cars and two different insurance companices?
Yes you can.
What are the benefits of universal life insurance?
The main benefit is someone else pays for your free insurance
Is it illegal to drive a car owned by the main driver but mainly used by the second driver both covered with insurance?
If they are covered under the same insurance policy no. Please be advised if the main driver is not listed as a driver on the said vehicle then there could potentially be no coverage in event of loss. It depends on the insurance company. As long as main driver has owners permission and there is valid insurance in force. Make sure there is adaquate liability coverage. If something were to happen and not enough coverage was there the injured other party is legally able (in ca) to. sue the owner of the car for 50% of his wages for next 20 years.
You purchase the car at the dealer for your friend does the insurance has to be under your name also?
No, insurance does not always follow the owernership of the car unless you and your friend live in the same house and you have your driver's licence. If you tell the insurance company that you are not going to drive the car at all time and main driver is your friend, then you do not have to be under the same insurance.
What companies offer cheap bike insurance?
Many insurance companies offer cheap bike insurance. Motorcycle insurance is traditionally much cheaper than auto insurance, but the prices still range. Insurance quotes for bikes depend on driver history, the make and model of the bike, and intended use. Additionally, prices vary by location and the age of the main driver.
Where can someone go to apply for a job as an automobile insurance agent?
Someone can go to employment websites such as Reed to apply for a job as an automobile insurance agent. Alternatively, someone can approach the main insurers directly to ask about vacancies.
If your husband dies and you are a named driver on his comprehensive car policy are you covered to drive his car after his death?
In the UK no. The main policyholder has to be living for the insurance to be valid. Check with your insurance provider for clarification
Can you put the car insurance under the cosigners name only?
The insurance should be under the name of the person to whom the car is titled and registered. Also, if the person who legally owns the car is not the person who will be the main driver of the car, the person who will be the driver on the car should be added to the policy.
What are the main factors that determine the premiums charged for automobile insurance?
The main factors are where you live, driver age and sex, marital status, driving record, previous accidents and claims, credit score, and if you have current coverage and for how long. There are many many more factors in calculating auto insurance but these are the main ones.
Can someone own a car but have someone else insure it?
Yes. Many insurance companies will not be willing to insure this type of risk, but you will be able to find a company to do this. The primary concern for most insurance companies is who is the main operator of the vehicle.
Where can one find cheap insurance payments?
Many insurance companies will do a first time customer discount, or a safe driver discount. The most appropriate place to go would be a main stream insurance company and ask them to compare their rates with other providers.
