An additional interest is a company or person that wants to know what coverage is on the vehicle or if anything happens to it. They are interested in the vehicle as they are financing it.
Lienholders are an additional interest, but lessors can be listed as well. Additional interests receive insurance payouts when a vehicle is totaled.
An additional insured is someone who has some kind of ownership of the vehicle. This could be a lessor or cosigner. When listed as an additional insured, a company or person has the legal right to recoup losses if anything should happen to the vehicle. They can also file claims.
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