So my boyfriend recently bought his first home and I agreed to move in with him. However, his home insurance agent is asking for him to provide her with all of my information (social security number, driver’s license number). I am not on his loan because we’re not married, and that was my rule–I wouldn’t put my name on anything like that without being married. So why does his insurance need MY information? I am guessing it’s so they can hopefully find a way to charge him more. Also, recently when I went looking for a new car insurance company, I found that I was being asked to provide HIS information along with my own even though I told them he isn’t on my car loan and wouldn’t have access to my car. Can someone with knowledge about how insurance companies work explain this practice to me? I’ve started telling insurance companies that I live alone because I’m not going to pay extra for someone else who won’t even be driving my car–and I told my boyfriend to tell the insurance lady that I decided to move out (ha-ha).
Please cool it with the spam!!!
I’ll also add to you spammers out there… I will report you. And I have reported each spam post (so far 5) on this question. I am not visiting your stupid websites!!!!!
Just an fyi—we do NOT drive each other’s cars under any circumstances. So we’re not getting on the same policy. We’re not married.
I’m asking WHY they need my info. They shouldn’t. Insurance is a scam and I’m not paying more money than I have to.
Best reply by mbrcatz:
AS long as he’s not trying to get you covered under his policy, they do not need you information, on the house insurance.
BUT, for CAR insurance, all household members MUST be listed. SO, you have to list him, or specifically exclude him, under your car insurance, and he has to either list you, or specifically exclude you, under his car insurance, and both listing AND excluding require name, date of birth, license number, for the operator.
When you tell insurance companies you live alone, that’s fraud, and can void your policy. AND, they’re going to find out when they run an “undisclosed operator report” on you, and uprate you ANYWAY.
If you don’t want to pay for him, EXCLUDE him from coverage on your policy, and don’t let him drive. Ditto for him.
Read the original question here
Why would an insurance company need information on someone who is not listed on a home loan?
You are fixated on the subject of loans. His mortgage loan is not the issue. If you are a member of the household, the insurer has a legitimate right to know that.
Same thing for auto insurance. Your LOAN is not the issue. He is still a member of your household. They’d be asking even if you had no loan on the car.
As far as homeowners insurance goes – unless you are listed as an insured on his policy….if something happens to the house and contents – your personal property is not covered.
That means, if the house burns down and you lose every thing that you own….HIS homeowners policy will not pay you a dime. Not a cent. You get zero, zilch, nada. His homeowners will pay HIM for his damage – you get squat because you are not a resident relative of his, you are not his spouse and you are not listed on the policy.
So the only way to protect your property is for you to do one of two things: 1. you purchase your own separate renters insurance policy or 2. you get listed as a named insured on your boyfriends homeowners policy.
Also if two licensed drivers are in the same house hold, the insurance company is going to require that you be listed as drivers on each others policy. That’s because, the insurance company knows that you will be driving each others cars (even if it’s him driving your car while your a passenger).
It would probably be cheaper to list both cars on one policy and list you both as named insureds.
Some companies will allow you to put an endorsement on your policy that specifically excludes coverage for someone. So, your boyfriend could put an endorsement on his policy that specifically excludes coverage if you drive the car. If you really are never never ever going to drive his car, then see if his insurance company offers this endorsement. Then if you drive his car and get in a wreck, his policy will deny coverage for the claim/wreck.
As far as lying to the insurance lady and saying you moved out…that will work great until you have a wreck or file a claim. Then it’s possible that your coverage gets denied….the policy is voided and you get nothing. Not only do you get nothing – if you cause damage/injuries to someone else, you get to be personally responsible for any/all damage injuries you cause. So….in the end, jokes on you. (ha ha).
homeinsurance.awardspace.us – try this one. Got my home insurance from them. As I know they provide such a service.