Can there be two different auto insurances on the same car?

Can there be two different auto insurances on the same car?

Im a new driver, im 17 and im in the state of illinois. I dont have a license yet, just a permit. My parents only have one car and i cannot afford my own at this time. My parents have allstate and their rates are too high for me. So i contacted another insurance agency and their rates for liability were lower. So, can one car be insured with two different insurances?

LaChismo

I work insurance claims and have seen instances when a car is dual insured, if there is a claim then it MUST be reported to both insurance companies and both companies will split the cost of the claim and if you're at fault,then the rates will go up on both policies.Why aren't your parents working with you on this? Why don't you guys go to an insurance broker who can find the most affordable insurance for your family needs? Your family may need to switch from Allstate to something else. You could help with the rates. If you drive your parents car you would be simpley added to the policy, you would not be charged a separate premium but the premium of the household would go up because of an additional driver, especially because your a new driver. So , for example , if your parents insurance was $90 a month, but you are added and it is now $120 a month, just pay your parents $30 to make up for the difference. That would be the most affordable way to go.

David

No.

Issa

yes there can be

Ask

insurance

Popular Q&A

Do auto insurance companies typically offer military discount?
The only company I know of that offers a military discount is USAA Insurance. None of the 20 or so companies I work with on a daily basis offer one.Source(s):Insurance Agent

What is the best way to aquire your motorcycle license? How old do you have to be?
You ahve to be old enough to have a driver's license, and you can legally take your motorcycle tiest right afterward.But REALISTICALLY...You still do not have experience driving. You cannot handle a car yet, and you still need to be able to pilot a two-ton lethal weapon safely through traffic...

What type of commission can I expect as an independent for auto insurance?
What's "indi" auto? Indiana, or India? Commissions are about 10% for auto, regardless. The good news is, continuing commissions are ALSO 10%, so in the LONG run, it's easier to build a business with P&C because your book will keep producing good commissions.The bad news is, it's really hard...

In Ontario, how does auto insurance work? Do you need to insure yourself as a driver and your car separately?
Yes you insure the car and yourself as the driver and then can add drivers and more coverage to the policy if you want to.Basically you must get a standard coverage such as 1 million dollar liability or basic coverage if driving it.Hope that helps and best of luck.By the way shop around for...