Can You Have Two Homeowners Insurance Policies?

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   Dan Beukelman

   CSR, American Family Insurance,

   You can buy two home owner's policies, but in the event of a claim they will split the claim payment - since you can only collect once for any claim.  So if you have two policies and you have a $10,000 claim, you would get about 1/2 from each (depending on the level of coverage).  So it doesn't make sense to have two when one will do.  Also, not disclosing a second insurance policy would be insurance fraud.

   Answered on March 14, 2014

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