If the benefits available in one policy do not satisfy a traveler’s needs, they can purchase another policy to compensate for coverage, as long as the policies are from different travel insurance providers.
Having multiple policies can help travelers if the benefit limits on one policy are exhausted.
Is it OK to have 2 travel insurance policies?
Is it legal to have two travel insurance policies? It’s not illegal, but if you have 2 insurances, if you have to fill out a claim form you’ll find out that they will ask for details of any pre-existing insurances you have, and the new insurance will only pay a proportionate share of any losses.
What happens if you have 2 home insurance policies?
You are allowed to own more than one homeowners policy, and you can even file a claim against both companies. If you have two companies because you are about to drop coverage, and the two policies will only overlap briefly, file the claim with your old insurance company.
Can you have overlapping car insurance policies?
A coverage overlap essentially means that you are paying for two car insurance policies at once. While it might seem as if you would have double the protection when you have a coverage overlap, that is not the case due to the fact that filing a claim for the same incident in an effort to double dip is against the law.