Would this be legal or considered insurance fraud?

I was wondering would it be legal or illegal to have multiple insurance policies and claim on them for a single vehicle/property? Say a car for example, if you had a wreck (someone struck your car and totaled it) then a person could potentially recoup the cars value x how many policies the person is holding on the car? I know that companies can (and do) legally take out insurance on their employees, why could an individual not have multiple policies on a car?

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