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Can you have 2 cars with different insurance policies?

It’s perfectly legal to have two auto insurance policies on one vehicle. Nonetheless, your insurance company may not be willing to insure the same vehicle...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What is the cause of agency costs?

An agency cost is a type of internal company expense, which comes from the actions of an agent acting on behalf of a principal. Agency costs typically ari...

Does prepaid Insurance increase with a debit or credit?

Prepaid Insurance Journal Entry Prepaid insurance is usually charged to expense on a straight-line basis over the term of the related insurance contract. ...

Who is liable for golf ball damage?

There is clear California case law on these points of law. However, if the golfer intentionally or recklessly hits a ball at a home/car, then the golfer m...

Is liability insurance the same as SR-22?

People may mistakenly refer to it as “SR-22 insurance.” An SR-22 is not insurance ─ it’s simply a document provided by your insurance company that proves ...

What is the insurance company act?

The Insurance Companies Act is the primary legislation governing all federally incorporated or registered insurance companies in Canada. The complete text...

What happens if someone else is driving my car and gets in an accident without insurance?

If you let someone else drive your car and they get in an accident, your insurance company would likely be responsible for paying the claim, depending on ...

How much is insurance for a Yamaha R1?

Given that Yamaha R1 insurance can range between $30 a month for a liability policy to $220 per month for full coverage, you will want to do everything po...

What are the big 5 industries?

The 5 Industries Driving the U.S. Economy Healthcare. The health sector helped the U.S. recover from the 2008 financial crisis. Technology. Construction. ...

Will insurance cover an unlicensed driver?

If you get into an accident with an unlicensed driver, the insurance company of the vehicle being driven by an unlicensed driver will refuse to pay their ...