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Bernard Said:
Car Insurance - Can a car be insured by more than one company; with different drivers.?We Answered:
Yes it can be insured with two companies, however you have to read the contracts to determine what will happen if there is concurrent coverage and an accident occurs. Some policies allow for a pro-rata payment. However if you don't own the vehicle you cannot insure it under your name. There is no insurable interests. Other policies may not provide coverage under certain circumstances. So you really need to know what the policy contract states.