Can One Have Two Health Insurance Policies?

1. 

   225 POINTS

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   Ben Guttman

   Sales Manager, Midtown Insurance Group, Baltimore,MD

   On the same vehicle? No. Because how would you decide which company had to pay out if there was a claim? On separate vehicles, for example if you had a convertible you like to take out on the weekends and didn't want it on your family policy, that would be fine.

   Answered on June 27, 2013

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2. 

   2210 POINTS

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   Brenda Hanson

   Vice President/Agent, Best Rates Insurance Inc, Kalispell Montana

   You can have two auto policies but not on the same car. I have many clients that own small business and they have a business auto policy and a  personal auto policy which then gives them a multi  policy discount on the personal auto and cost them much less per auto and the business auto they use the insurance premium as a business expense on their taxes.

   Answered on June 28, 2013

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3. 

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   Tracy McManamon

   CEO, One Source Benefits, Steubenville, OH

   Yes  it is possible to have more than one insurance policy if you are under the age of 65 and not on Medicare but whether or not this is advisable is the real question.  Keep in mind you will have two premiums to meet, two deductibles and quite possibly these two different plans will not have the same benefits and even network of hospitals and doctors.

   Answered on July 6, 2014

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