Co insured vs additional driver

 · Yes, there can be more than one named insured on a policy. This usually occurs when a couple, married or otherwise, who live together, have two vehicles. If one is registered to each of them, they can still share a policy, but they will both be considered named insured on their personal vehicle and will be covered as an additional driver on the other.  · Additional drivers are covered only when driving the vehicle in the policy. For example, if an additional insured driver were to be hit by another car while walking to the vehicle, their injuries would not be covered under the insurance policy. However, if that happened to the named insured driver, then they'd be www.doorway.ruted Reading Time: 5 mins.  · Additional Insured. An additional insured is an entity who is not the policyholder, but is entitled to some of the benefits of the policy because of a direct business relationship to the named insured. The coverage afforded to an additional insured is limited to liability caused by the named insured. In other words, if the additional insured is named in a Missing: co insured.

To protect itself, the janitorial company would ask the property owner to list it as an additional insured on the owner’s general liability insurance or business owner’s policy (BOP). That way, if the injured visitor sues the janitorial services company for negligence, the building owner’s insurance policy will defend the company. Additional insured is an entity that is added to a policy for specific coverage - a landlord, a general contracor/sub contractor, property management company, mortgagee/loss payee. Unlike the co. The first is the named insured, meaning the individual or company designated by name in the policy. The named insured may be a sole proprietorship, partnership, corporation or another type of entity. The liability policy refers to the named insured as "you" or "your." The named insured is afforded broader protection than other types of insureds.

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