Joint sports car insurance policy next to boyfriend?
My car insurance company is willing to pass me and my boyfriend joint coverage for our vehicles.... but my BF's medical insurance won't cover "co-habitating heterosexual couples"..... anybody know why specifically?
Answers:
Not sure. But I think it's a bad conception to go "joint" on that kind of piece till your married. Don't care how close you are.
Trying to save a buck I see. Well, Car and health insurance are too completely different things. If your break up its easy to take them sour the policy. But in insurance it the whole go death thing...particularly confusing and complicated.
My solution...get married!
Sure, because it drastically increases their rate exposure. He could have a different girl move in respectively month, and then a year down the road, they're on the hook for 12 women.
It's too hard to track.
And, on that common policy, you realize that if you break up, and YOUR car gets totalled, you can't find the check cashed without his signature, right?
It's a BAD IDEA, to share money (including insurance, and ESPECIALLY joint core purchases like cars and houses) with someone you're not married to. It usually comes support to bite you in the rear. Source(s): agent, 21+ years
In the case of the car, the insurance company is insuring the coup¨¦. They are not insuring a person/family.
In terms of health insurance, their policies are base on single people or families (i.e. population who can show legal relationship with respectively other who are primary relatives). So you have to be married, brother/sister, father/mother, grandfather/grandmother (kind of a gray area) to be insured under impossible to tell apart policy.
Because most health insurance covers married people.
Your saloon insurance can cover both because you are living in the same household and driving respectively others cars. You will both be listed as named insureds on the policy.
Shacking up is nice - but it is not one and the same as marriage - so you don't get one and the same benefits as those who have entered into the wedding ceremony contract.
The drive you are getting married rates and married status on your car insurance, is that your agent is willing to fake for you. As far as the insurance company knows, you are married. If they knew you weren't, you wouldn't be getting the married discount. The family who are enrolling your boyfriend's medical benefits at work aren't willing to lie back for you. That is the difference.
Insurance companies are risk-averse. A marriage is abstractly a stable relationship and coverage for the spouse is easy to calculate statistically. Marriage also, again in theory, shows a degree of commitment and obligation on the module of the insured. Not so with casual relationships. If they covered a bf/gf policy approaching that, what would keep your bf from going from one accident-prone gf to the next, racking up insurance costs? How would the company subtract risks? Get real; if you want the advantages of marriage, bring married. Otherwise, don't expect the rest of the world to subsidize you playing house.
Related Questions:
Answers:
Not sure. But I think it's a bad conception to go "joint" on that kind of piece till your married. Don't care how close you are.
Trying to save a buck I see. Well, Car and health insurance are too completely different things. If your break up its easy to take them sour the policy. But in insurance it the whole go death thing...particularly confusing and complicated.
My solution...get married!
Sure, because it drastically increases their rate exposure. He could have a different girl move in respectively month, and then a year down the road, they're on the hook for 12 women.
It's too hard to track.
And, on that common policy, you realize that if you break up, and YOUR car gets totalled, you can't find the check cashed without his signature, right?
It's a BAD IDEA, to share money (including insurance, and ESPECIALLY joint core purchases like cars and houses) with someone you're not married to. It usually comes support to bite you in the rear. Source(s): agent, 21+ years
In the case of the car, the insurance company is insuring the coup¨¦. They are not insuring a person/family.
In terms of health insurance, their policies are base on single people or families (i.e. population who can show legal relationship with respectively other who are primary relatives). So you have to be married, brother/sister, father/mother, grandfather/grandmother (kind of a gray area) to be insured under impossible to tell apart policy.
Because most health insurance covers married people.
Your saloon insurance can cover both because you are living in the same household and driving respectively others cars. You will both be listed as named insureds on the policy.
Shacking up is nice - but it is not one and the same as marriage - so you don't get one and the same benefits as those who have entered into the wedding ceremony contract.
The drive you are getting married rates and married status on your car insurance, is that your agent is willing to fake for you. As far as the insurance company knows, you are married. If they knew you weren't, you wouldn't be getting the married discount. The family who are enrolling your boyfriend's medical benefits at work aren't willing to lie back for you. That is the difference.
Insurance companies are risk-averse. A marriage is abstractly a stable relationship and coverage for the spouse is easy to calculate statistically. Marriage also, again in theory, shows a degree of commitment and obligation on the module of the insured. Not so with casual relationships. If they covered a bf/gf policy approaching that, what would keep your bf from going from one accident-prone gf to the next, racking up insurance costs? How would the company subtract risks? Get real; if you want the advantages of marriage, bring married. Otherwise, don't expect the rest of the world to subsidize you playing house.
Related Questions:
- What is the average monthly vehicle insurance contribution for a 29 yr elderly masculine surrounded by illinois?
- Can you verbs saloon insurance to someone else?
- If i agree to my someone drive my coup¨¦ and i transport insurance on it but don't include them as an added driver
- I have need of a website that explains exactly what motor, home owners, and vigour insurance are?
- So how does renewal work on vehicle insurance, if you want to be beside another insurance?