Multi-car insurance quotes incorporate more than one vehicle or driver and may enable the policy holder to receive additional discounts.
There are a number of situations in which a family or individual may wind up with more than one vehicle. Since all of them must be insured, policyholders may as well reap the added benefits of receiving a discount for insuring all of the vehicles on the same policy.
Owning more than one car
Drivers who own more than one car may be able to receive a discount by listing both cars on the same policy. Many people trade in their old vehicle when they buy a new one, but others keep their older vehicle around so they can keep the nicer car in the garage during bad weather.
Other unexpected situations can also result in drivers owning multiple vehicles. Some individuals inherit vehicles from family members or could even win a car through a sweepstakes or other program.
Teen drivers and other children
Families with teenagers who reach driving age may also find themselves looking at multi-car insurance quotes.
Since auto insurance is traditionally more expensive for those under the age of 25, families may find cheaper auto insurance rates if they add both the teen and the additional vehicle to their existing policy.
To examine their specific situation, parents can receive both a multi-car insurance quote and a regular car insurance quote online for their teen, and compare them to determine which would save them the most money.
Spouse
Listing a spouse on an auto insurance policy can usually be helpful in reducing rates, as long as that driver is eligible for good rates on their own. Drivers with a poor driving history or financial problems may lead to higher premiums for a joint policy.
However, policyholders can check by obtaining a multi-car insurance quote online before adding a spouse to their policy.
Other individuals
Finally, other individuals, including roommates and significant others, may also be eligible to be included on a multi-car insurance policy, but certain companies have stipulations.
After obtaining a multi-car insurance quote and determining the best companies, policyholders may benefit from asking if those insurers have specific rules about the relationship other drivers on the policy must have to the main policyholder.
Any drivers who find themselves in one of the above situations should ensure they obtain a multi-car insurance quote in order to find what insurance company will provide them with the greatest discount for the number of cars they want to insure.