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However, noting an additional insured on your auto policy mainly ensures that claim checks will be made out to both parties. Additional interest vs. additional insured in other policies.
In insurance policies, an additional insured is a person or organization who enjoys the benefits of being insured under an insurance policy, in addition to whoever originally purchased the insurance policy. [1] [2] [3] The term generally applies within liability insurance and property insurance, but is an element of other policies as well. Most ...
An additional driver on your auto insurance policy is someone who frequently borrows your car but doesn't live with you — like an adult child who uses your car while on an extended visit to your ...
Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage. Most states require a motor vehicle owner to carry some ...
Third-party vehicle insurance is a mandatory requirement in Indonesia and each individual car and motorcycle must be insured or the vehicle will not be considered legal; this compulsory auto insurance is legally called the Road Traffic Accidents Compulsory Coverage Fund (Indonesian: Dana Pertanggungan Wajib Kecelakaan Lalu Lintas Jalan, DPWKLLJ ...
A full-coverage auto insurance policy combines three key protections — liability, comprehensive and collision coverage — into one complete package. Additional add-ons can enhance your ...
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