Multi Car Insurance: Discounts for 2+ Autos

Getting auto insurance for multiple cars and getting the discounts to go with it.

Most consumers know insurance companies offer car insurance discounts. However, not everybody knows what companies offer discounts for.

There are safe driver discounts, car alarm discounts, even good student discounts. One of the larger discounts insurers offer is the multi car discount.

Multi Car Insurance Discounts

Getting multi car insurance, also known as the ‘multi-car discount’ can turn into big savings on your auto insurance premiums. To get the discount, companies either add cars to the original policy or combine single-car policies. By insuring multiple vehicles, insurers can charge less premium to a family. Either way, that translates to savings for you.

As for the discount, you can save 10% or more on your monthly, semi-annual, or annual premiums depending on the company – not a small amount when you’re insuring more than one vehicle. Discounts vary between insurers and will sometimes change, so it’s important to check with the company to find out what the current multi-car discount is.

How to Get Multi Car Discounts

The easiest way to get the multi car discount is to ask. Most of the time, insurance companies will give the multi-car discount on a new quote. However, you should still ask to include the multi-car discount in each quote. Here are some times to ask about the discount.

Whenever you…

• Buy a new car.
• Buy a used car.
• Inherit a car.
• Win a car.
• Combine two households with more than one car.

Whatever the case, if you have more than one car in your household, you’re probably eligible for multi car insurance. Make sure your insurance company is giving you credit for each car to maximize your savings.

One final consideration about multi car insurance is the different discounts each company offers. Your current insurer could be a great price for one vehicle, but their multi-car discount may be paltry. Whenever you add another vehicle to your insurance, get a price from your current company, then get some more quotes. A new policy with another company could mean significant savings on your auto premiums so it’s always good to shop around.