What is the importance of being the first named insured on an insurance policy?

The importance of having the first named insured listed correctly on any insurance policy is because of the rights and responsibilities associated with first named insured status.

The first named insured has the right to be notified upon cancellation and also is entitled to any refunded premium dollars.

Additionally, the first named insured is responsible for any premium obligations in the event there is money owed to an insurance company after cancellation.

These are just a few examples of the rights and responsibilities associated with first named insured status.

It is crucial that the first named insured be listed properly on all insurance policies.

Watch this video “What is the importance of being the first named insured on an insurance policy?” for more details:

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This is video #11 of a one hundred insurance video series that The Murray Group is producing to provide insurance consumers with quick, valuable answers to their everyday insurance questions.

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Disclaimer: This article is for informational purposely only. There is no legal advice being suggested or proffered and the author assumes no responsibility or liability for the actions taken or not taken by the readers based upon such information.

created by Ryan Hanley

What is the importance of being the first named insured on an insurance policy? by
Ryan Hanley

Ryan Hanley

Director of Marketing at The Murray Group
Ryan is the Director of Marketing for The Murray Group Insurance Services, Inc. Ryan is also the Founder of Content Warfare Podcast, one of the fastest growing podcasts on iTunes dedicated to digital marketing.
Ryan Hanley
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