How to Take Advantage of Multiple Vehicle Discounts

Can I get an insurance discount by adding my husband's car to my auto policy?

They say there are only two certainties in life – death and taxes. However, this old saying can probably be updated today with one more certainty – expensive car insurance. No matter who you get auto insurance from or what type of coverage you have, you could probably stand to save a bit on your monthly premiums. Even if you’ve managed to maintain a near perfect driving record and only require minimal coverage, the cost of car insurance can be overwhelming.

If you’re like most people, your family likely has multiple vehicles and insurance policies, which makes your insurance costs all the more expensive. However, did you know that you may be eligible for discounts by having multiple vehicles on the same car insurance policy? Some companies offer as much as 15% off your total premiums with this discount, depending on your vehicles and other variables. With insurance rates higher than ever, you can’t afford not to take advantage of discounts like that! Here’s a look at how you can get multiple vehicle discounts on your car insurance policy:

Getting Your Multiple Vehicle Discount

• Before you even think about asking for multiple vehicle discounts on your car insurance, you’ll need to make sure all of your various policies are with the same provider. If necessary, cancel a policy so that you can move everything to the same insurance company. Just make sure you’re not left uninsured between making the switch!

• Next, you’ll want to get in contact with your car insurance provider or local insurance agent. Generally, most insurance companies don’t just hand these discounts out, so don’t be afraid to ask for them. You may also want to review your specific policy’s fine print to make sure you meet all of the discount eligibility requirements first.

• Do you own a recreational vehicle, motorcycle, boat, or any other type of vehicle that may require its own special form of insurance? In most cases, your current car insurance company can probably provide a policy for these as well. If you end up using your auto insurer for other types of vehicles, find out if they’re eligible for a multiple vehicle discount as well!

• If your auto insurance provider will not give you a multiple vehicle discount, consider taking your insurance needs to another company. Everyone knows that changing insurers can be quite a hassle, but it may be worth your trouble. Since many providers can offer a discount as high as 15%, you could easily end up saving hundreds of dollars over the course of a year!

• While you’re taking advantage of multiple vehicle discounts, you might want to think about some of the other insurance discounts available to you. For instance, many people get a significant discount on their policies by using the same insurer for multiple types of insurance, like home and life. Be on the lookout for other discounts for good drivers or those with low yearly mileage.