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ADDITIONAL INTEREST INSUREDA person or entity who is protected by another person's insurance. For example, in auto insurance, a leaseholder is protected by the auto insurance of the person who is leasing out the car. Such protection is necessary because the leaseholder has a financial interest in the vehicle. In a home mortgage, protection is provided for individuals or [..]
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ADDITIONAL INTEREST INSUREDA company or person who has been named as an additional interest insured on a policy can be liable for an accident that involves an insured person or vehicle. For example, a lienholder can be an additional interest insured.
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ADDITIONAL INTEREST INSURED A lienholder, leasing company or person (i.e., a parent) that has an ownership interest in the car.
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ADDITIONAL INTEREST INSUREDAnother person or company who may be liable for an accident involving an insured or an insured vehicle, and who has been named as an Additional Interest Insured under the policy.
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ADDITIONAL INTEREST INSUREDAnother person or company who may be liable for an accident involving an insured or an insured vehicle and who has been named as an Additional Interest Insured under the policy.
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ADDITIONAL INTEREST INSUREDAnother person or company who may be liable for an accident involving an insured or an insured vehicle and who has been named as an Additional Interest Insured under the policy.
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