If you have two or more cars in your household it could be possible to save money with multi-car insurance. While web doesn't currently offer a comparison of multi-car policies we still want to make our customers aware of all the car insurance options available. So, just what is multiple car insurance and how does it work?
How does multi-car insurance work?
Multi-car insurance allows you to insure more than one vehicle with a single policy. With some providers you may be able to insure as many as five vehicles as long as all of the vehicles are registered to the same address. This means that you could potentially insure cars on the same policy for you, your spouse, your children, or even a friend, as long as you live in the same household.
In theory a multi-car insurance policy can help you save money. This is because you are effectively bringing more business to the insurer and simplifying the bills - just as a broadband provider might reward you with savings if you tie in a phone or TV deal, multi-car insurance applies the same theory to vehicles. It's almost like buying insurance in bulk.It doesn't always work out cheaper than buying policies individually however, so it's worth investigating both options.
How does multi-car insurance work?
Multi-car insurance allows you to insure more than one vehicle with a single policy. With some providers you may be able to insure as many as five vehicles as long as all of the vehicles are registered to the same address. This means that you could potentially insure cars on the same policy for you, your spouse, your children, or even a friend, as long as you live in the same household.
In theory a multi-car insurance policy can help you save money. This is because you are effectively bringing more business to the insurer and simplifying the bills - just as a broadband provider might reward you with savings if you tie in a phone or TV deal, multi-car insurance applies the same theory to vehicles. It's almost like buying insurance in bulk.It doesn't always work out cheaper than buying policies individually however, so it's worth investigating both options.
This policy is sounding me great but which one will be a better option a multi car policy or individual plan for each car. Do multi car policy has some additional features or benefits over the individual plan ? If so I will definitely give preference to this multi car policy option.
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