Többbiztosítási

Többbiztosítási is a Hungarian term that translates to "multi-insurance" or "overlapping insurance." It refers to a situation where an individual or entity holds more than one insurance policy that covers the same risk or asset. This can occur intentionally, for example, to increase coverage limits, or unintentionally due to a lack of coordination between policies.

In cases of overlapping insurance, the primary concern is how claims will be settled. Insurance policies typically contain clauses detailing how they will interact with other existing coverage. Common approaches include pro-rata sharing, where each insurer pays a proportional amount of the loss based on their policy's coverage limit relative to the total coverage. Another method is contribution by equal amounts, where each insurer contributes equally up to their policy limit until the loss is covered. Some policies may also state that they are excess coverage, meaning they will only pay after other available insurance has been exhausted.

The existence of többbiztosítási can complicate the claims process. Policyholders are generally advised to inform all their insurance providers about any other policies they hold that might cover the same event. Insurers may also have procedures to detect overlapping coverage during the underwriting process. Understanding the specific terms and conditions of each policy is crucial to navigating situations involving többbiztosítási and ensuring that claims are handled efficiently and fairly.