September 23, 2017
reliable fleet

What is Multi-Car Insurance?

If you have more than one car in your household, then you have probably at one time or another considered looking into getting multi-car insurance. A policy of this type can usually cover up to five cars and will offer the same benefits as do regular insurance policies. In addition, insurers will give you discount because you are insuring more than one car with them.

Statistics put out by the government will show that one in three families now presently own more than just one car. The cost of car insurance is on the rise, so it’s a good idea to look for discounts wherever possible.

Nowadays, with high house and rent prices, many older children will opt to stay at home for just a bit longer. It’s not unusual to have three or four cars on the drive. A household of flat-sharing young professionals could easily have five cars registered to them.

Statistics put out by the government will show that one in three families now presently own more than just one car. The cost of car insurance is on the rise, so it’s a good idea to look for discounts wherever possible.

Insurance companies claim that families that have more than one vehicle routinely save more than twenty per cent on their insurance premiums.

How does Multi-car Insurance actually work?

An insurance company will offer a group of people who reside at the same address an umbrella policy which they can all benefit from and insure their vehicles under. The really great thing about this in addition to the discount is the fact that there’s just one single renewal date for the policy each year, plus only one set of paperwork. Even if the insured vehicles have different named and main drivers, the policy still works, providing they are all registered at the same address. That said, let it be known that a household that has just two cars and as many drivers will most likely see the same savings.

The vehicles that are covered on a Multi-car policy must be for private use only. The drivers that are covered on the policy can dive all the cars insured, providing that there are indeed registered as named drivers of said vehicles.

admin

Click Here to Leave a Comment Below

Leave a Reply:

%d bloggers like this: