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:
Welcome to The Murray Group Solution Center
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.
If you have additional questions regarding who is the first named insured on your insurance policy or if you would like to discuss and receive a quote for your insurance use the link below:
Contact Murray Group Insurance Expert
If you prefer to call our office number is – (518) 456-6688
You can also connect with The Murray Group further on The Murray Group Facebook Page.
If you are not quite ready to contact us about your insurance but enjoyed and/or found the information in this post useful we would very much appreciate you posting a review on Google, Yelp or Facebook.
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