Can my homeowners insurer make me purchase two policies to cover each co-owner of one home? - renters legal liability
My insurance company told me recently that my friend is not covered for losses or liabilities, joint owner of the house. Our wedding date is not for a few years and said that not are covered by our homeowners, because it is a relative of mine. You want to buy additional pension for him. Is this legal?
Tuesday, January 19, 2010
Renters Legal Liability Can My Homeowners Insurer Make Me Purchase Two Policies To Cover Each Co-owner Of One Home?
4 comments:
I do it all the time, as long as you're both on the deed, you should be able to assure the name on the policy. The thing is, if there is a loss of only the content (such as theft), both names are on the claims, and you have to view the details who gets what job. If there is a strong relationship should be ok, but when both sepaprating at the time of loss, it could cause problems (what your company wants to avoid to May). ) Some companies that you may want to policyholders and their friend (as an additional insured which gives the construction and insurance and then have their own political content to buy. If it is in fact what you should at least take out additional insurance to protect your interests in property. If your company does not at least this is not good at all with any other company.
Shop to see if a firm in the policy as an insured, provided that this does not bother you at a controlled substance loss were both set to get their names.
Obviously, the insurance company finds that the landlord and tenant. As the title of his house and is holding the mortgage note?
If your organization is not the name of the policy on both the insured - for shopping and searching.
Both should be listed, such as name of the insured on the same policy or policy owner and an income policy to them.
However, your policy is correct ... If are not insured on your policy as well as political and has no income, your property is not covered.
Why not get just now married, and avoid the problem?
Yes, you may Entrepreneurs are free not to write on a policy of two independent persons, both the name and the insured are.
I personally think it's stupid to share a house and live together, and "Waiting for the wedding. You can get married at the court until the end of the week after next at the latest. And then you have no problem.
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