Do you have more than one vehicle in your household? If so, you may be able to benefit from a multi car insurance policy.
Multi car insurance policies are single policies that cover more than one car.
They can help you save money on your car insurance if you want to insure more than one vehicle. But how do they work? And what should you look for when researching cover on multi car insurance comparison sites?
How do multi car insurance policies work?
Multi car insurance lets you cover more than one vehicle under the same insurance policy. Some multi car insurance providers will let you include up to five vehicles on your policy as long as the cars are registered to the same address.
Just as you benefit from discounts when you buy your broadband and TV or your buildings and contents insurance from the same company, multi car insurance policies often offer cheaper terms as you’re taking out multiple cover with the same provider.
However, beware that a multi car insurance policy may not automatically be cheaper than taking out separate policies for each of your cars. It’s always worth undertaking a multi car insurance comparison before you make a final decision.
What to look for when you undertake a multi car insurance comparison
Using online comparison sites is a good way to compare the costs of insurance between various multi car insurance UK providers. When you head online, make sure you take these factors into account:
What multi car discount is offered?
- Are there any restrictions on the age or experience of the drivers of the other cars to be covered under the policy?
- Are there any other discounts such as for buying online or for new customers?
- Does the insurer charge any more for paying by direct debit?
When you undertake a multi car insurance comparison it’s also important that you compare the quality of the cover as well as the price.
Not all policies are the same and some offer additional benefits such as windscreen cover, no-claims discount protection, a courtesy car and legal expenses cover.
Picking the cheapest multi car insurance policy may not be the best course of action if it doesn’t include cover that you will benefit from.