If you live with someone who has a bad driving record, it might be cheaper to buy a second car insurance policy for your car. There are more than a dozen common discounts on car insurance, and you might not realize that you're already eligible. Some insurers offer discounts only if the covered cars are in the same house and are insured by people who reside there. It also ensures that the person driving the first car (full coverage) receives the necessary accident compensation and insurance, along with liability in the event of an accident, since that is the coverage of a particular car.
Auto insurance companies have worked to facilitate the process of getting quotes online, especially for several vehicles. Some auto insurance companies ask who is the primary driver of each car, which is each driver's primary vehicle, or both. People who combine their auto and home insurance policies often get the highest discounts from insurers. The insurance company may not provide you with all the features you want, or it may not provide any classic car insurance.
While certain expenses, such as registration fees, fuel and repair costs, are out of your control, one cost you can reduce is car insurance. This will prove to be a good deal, as the savings on car insurance when combining auto and home insurance from an insurance provider average about 12%. We compared the rates of the major auto insurance companies and found that the best discount came from Geico, which offers savings of up to 25% when insuring multiple vehicles with them. Some insurers will offer residents a discount for several vehicles at the same address, although you may have different car insurance plans.
Always learn about the exact requirements of multi-car insurance policies, as well as whether you can add a family member's car to your current policy. Your old car is your pride and joy, but it needs special attention when it comes to car insurance. When you call for a second car insurance quote, it never hurts to ask for a combined discount if you've already covered your home with the same insurance provider. And sometimes you have to proactively ask your auto insurance agent to review discounts to make sure you receive all the savings you qualify for.