If you’re not taking advantage of every discount you can, you are not saving enough on your auto insurance. Sometimes the policy itself can be the discount. Multi auto insurance for instance!
When you insure more than one vehicle on the same policy, you get what is called a Multiple Vehicle Discount. This is one of the largest discounts out there! How big? Try 10-20%!!!
WHY GET A MULTIPLE VEHICLE DISCOUNT?
Saving 10% might not seem like a lot of money, but it is. If you pay $1,000 a year in premiums, that’s $100 in savings. Over ten years, that’s $1,000 you could be using to pay off debt and improve your credit, improve your home, or even buy extra safety features for your vehicle that will get you even bigger savings! Compound savings are key!
Think about it this way: there’s no advantage to NOT getting a multi auto insurance policy if you have more than one vehicle in the family. You are going to have to get those vehicles insured anyhow, so do it cheaply.
YOU MIGHT NOT HAVE TO GET A NEW POLICY!
If all of your auto insurance is through the same insurance provider, you can keep your current policies and still get a discount in all likelihood. All you have to do is call your insurance company, tell them you have more than one policy with them, and ask for a discount. They will give it to you because they know that, if they don’t, you will switch to an auto insurance company that will.
AND IF YOU CAN’T GET IT WITH YOUR CURRENT POLICY…
Look into moving to a new provider. Get auto insurance quotes through the companies listed on our site, ask an agent if they will give you a multiple vehicle discount, and sign up. Once you have new insurance covering you, you can go ahead and cancel your current auto insurance policy.
Be sure to check out the fine print and make sure you actually qualify. Sometimes these agreements can be misleading.
IT WORKS FOR MORE THAN JUST CARS!
Do you have a motorcycle, an RV, a boat, or any other motorized vehicle? You can get insurance for these through auto insurance companies at maybe just dollars more than you currently pay.
LOOK INTO OTHER DISCOUNTS AS WELL
The Multiple Vehicle Discount is big, but it’s not the only discount out there. Make sure you ask your online auto insurance company about anything else you could qualify for. Even a simple defensive driving course could save you hundreds of dollars.