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Benefits of Combining Auto Insurance Policies

Car insurance companies are more than happy to provide discounts to customers who give them more business material. Clients who insure multiple vehicles or even combine multiple lines of insurance, such as homeowners insurance, with their auto insurance will get cheaper premiums. Read our blog to find out more about the benefits of combining auto insurance policies and visit our webpage for free online auto insurance quotes.

# Save-Money-On-Car-LeaseAll statistics show that in the United State more than one in three homes now has more than one car. And with the cost of car insurance continuously rising, it’s really recommended to get whatever discounts you can grab. Multi-car discount is a way for some families to save on the cost of cover. Numerous insurance companies offer to people who live at the same address the chance of insuring all their vehicles under the same auto insurance plan.

Now, you only have one set of paperwork to complete and a single renewal date each year. These policies apply even if the vehicles have different main and named drivers, provided they’re all registered at the same address. Typically, a multi-car policy will cover between two and five cars. From an insurer’s perspective, encouraging families or groups to get this type of cover brings in more business than if they each went with a different firm.

Insurance companies say that some groups or families with several cars can save more than 20% on their insurance plans. Keep in mind that all insurance companies have different benefits and restrictions. For example, some providers may limit this discount to just 3 vehicles per policy.

Typical requirement for bundling policies:

  • Insured by the same company.
  • Under the policyholder’s name.
  • Driven only by that person, or by family members living in that person’s household.
  • Currently used (not placed in storage).

Check our webpage for more info and free car insurance quotes. Read more!