To save money, owners of two or more well-maintained cars insure their vehicles using a single policy. But that’s not where the benefits of having multiple car insurance ends. Below are four more advantages enjoyed by multi-car insurance holders.
Discounts
One of the biggest reasons why you should invest in multiple car insurance is that it offers great discounts on its premium. Insuring two or more vehicles on a single insurance policy allows you to save several thousands of pesos. And in case you’re not happy with the deal a car insurance company offers, you can negotiate until you get your desired package. After all, insurance firms love giving out discounts if it means being entrusted with your fleet of rides.
Process
Processing single car insurance policies for each of your vehicles will be tedious and time-consuming. In contrast, a multi-car insurance program needs only one set of paperwork for all of your autos. The only things you need to worry about are the renewal dates and the payments you need to make. It goes without saying that organizing multi-car insurance policies is simpler and easier by a long shot. It’s especially great for parents who let their kids take their beloved rides for a spin or two.
Vehicles Covered
Multi-car insurances also don’t have a limit regarding the number of vehicles you can include. In fact, the more cars you add, the better the discount they’ll offer! Offering discounts by signing up entire families on an insurance plan (instead of insuring just the holder) is beneficial for the insurance companies. Thus, they take great lengths to serve their clients (particularly long-standing ones) as lovingly as they can. And as an added bonus, you can save as much as 20% of your overall expenses if you avail this type of insurance.
Drivers Protected
Lastly, multi-car insurance policies financially protect anyone driving the vehicles they cover, not just the policy holder. The only concession they ask is that the vehicles included in the policy are registered at the same address. Thus, you and your loved ones can sit back from the comforts of the car interior without a worry.
Get Multi-Car Insurance
Many would tell you to just get a car insurance for each of your vehicle, citing this and that benefits doing so can offer. But as you can see, availing multi-car insurance is not without its perks, too. So if you own more than one ride, best check out the best multi-car insurance you can find.