2007-01-31 07:57:03 · 7 answers · asked by dams0110 2 in Cars & Transportation ➔ Insurance & Registration
No, I have 6 cars on my insurance policy, and on three of them I am the principal driver, I have three with basic liability coverage and three with full coverage because they are financed and its required, some are listed as work cars, pleasure, and business. You can have what ever you want. I insure my kids cars because they could not afford it on their own.
2007-01-31 08:04:10 · answer #1 · answered by smartypants909 7 · 0⤊ 0⤋
It depends on the company. For most companies, all cars on a policy must have identical liability limits. You can have different deductible amounts for comp and collision coverages for each car on the policy though.
2007-02-03 04:42:08 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It depends on the state and the company. Generally, for liability (Bodily Injury and Property Damage) as well as any medical coverage - most companies make you carry equal limits on all your vehicles. Some states mandate you must have equal limits.
Honestly, you would want to anyway, as you want to be protected the same all the time. Why would you be less afraid of being sued in one car as opposed to another?
As for coverage like collision, comprehensive, rental, etc...no, those can be on a vehicle by vehicle basis.
2007-01-31 13:44:13 · answer #3 · answered by jerry 5 · 0⤊ 0⤋
You cannot have two cars on one policy. A policy cover A car and are separate and distinct from any other policies. You can have two policies, one for each car, under your name, and receive a multi-car discount.
No, the policy does not need to be identical.
2007-01-31 08:04:41 · answer #4 · answered by tkquestion 7 · 1⤊ 1⤋
For liability yes. Sometimes in certain states you can have lower limits for UM/UIM, but that's not very common. Obviously if you have a car with a lien on it you have to have comp and collision coverage, but you wouldn't if you didn't want to on a car with no lien.
2007-01-31 09:26:39 · answer #5 · answered by Chris 5 · 1⤊ 0⤋
Take a look at this http://sirlook.com/hl03u article i found it should answer your question and also has some good information on car insurance and finding good deals etc.
2007-02-04 02:32:22 · answer #6 · answered by gooner1212 3 · 0⤊ 0⤋
No as long as they meet state requirements you are good to go.
I am not a Licensed agent nor do I represent a domestic Insurance company.
May you have peace
2007-01-31 08:09:06 · answer #7 · answered by Mr. Frank 3 · 0⤊ 0⤋