Here's what you need to know about the terms you might find on your insurance policy: Named insured: the person who opened the policy. Second named insured: a person on the policy who can make changes to the policy, including renewal and cancellation. Driver: anyone who operates the vehicle.
What is a secondary named insured?The named insured or listed agent/broker on a policy may request to designate any other person listed on the policy as a second named insured. The second named insured has the same coverage under the policy as the named insured.
What is the difference between named insured and secondary insured?
A named insured is entitled to 100% of the benefits and coverage provided by the policy. An additional insured is someone who is not the owner of the policy but who, under certain circumstances, may be entitled to some of the benefits and a certain amount of coverage under the policy.
What is a primary named insured?The named insured is the person or entity who owns the policy, and whose name appears on the first page of the policy. They may also be referred to as the policyholder or the primary insured. The named insured owns the policy and is entitled to all of the coverage provided by the policy.
What is the difference between first named insured and named insured?All named insureds may make changes to the policy, but the one listed first — or the “first named insured” — usually holds primary responsibility. A named insured can make changes to the policy, like adding other people or businesses to their policy.