Multi Car Discount

Insurance companies offer a variety of discounts for different situations. One is given to drivers who carry coverage for more than one vehicle on the same policy. This is called a multi car discount.

Insuring two cars can be close to the same cost of insuring a single car, thanks to the multi car discount many car insurance companies offer. The incentive is to encourage you to add your spouse’s car and your teenager’s car to your existing policy.

You are not required to buy the same amount of coverage for all cars that you have on your policy. So if one of your cars is older, you can buy the minimum amount of coverage with higher deductibles for comprehensive and collision coverage and still get a multi car discount of around 25% just for having more than one car on your policy.

Some insurance companies also offer discounts if you carry more than one type of insurance with them, such as car insurance, renter’s insurance and RV insurance. Check with your insurance company or get a free quote on our site to see how much you can save with a multi car discount.