Multiple car insurance: What benefits does it promise?

Submitted by tusharagg87 on Sun, 12/23/2007 - 16:57

i have two cars......
i just want to know whether it will be beneficial for me to have cars insured from different companies?

Posted: 23 Dec 2007 05:53 Post Subject:

It would be better to have them insured under the same policy... especially if you are the only driver. Most carriers give a multiple car insurance discount.

Posted: 23 Dec 2007 07:10 Post Subject:

We had this question with someone else, I agree with tscope, you would get a multiple car discount with the multiple car insurance, I guess I would wonder why you would want to deal with two different insurance companies anyway, it would be like having two electric or phone bills, hee hee, one is enough, thank you.

Posted: 24 Dec 2007 10:57 Post Subject: hey


Most carrier give a multi-car discount.

Apart from that less paperworks & less days to be reminded of. I think thats even fair enough with your financial status!

Posted: 23 Jul 2008 07:10 Post Subject:

I do not care of paperwork and the days I will have to keep in mind..

I just want to know whether will it be beneficial for me in financial terms or not?

Posted: 23 Jul 2008 10:37 Post Subject:

I just want to know whether will it be beneficial for me in financial terms or not?

It would be financially benficial to have them both on the same policy with the same company.

Posted: 24 Jul 2008 05:33 Post Subject:

tcope gave you the answer. It is best to get a multiple car insurance to gain the multi-vehicle discount. Also get your home or renters insurance from the same place to save even more.

Posted: 12 Aug 2008 05:03 Post Subject:

as Lori has said It would be beneficial to have the insurance for both on the same policy,as many companies provide discounts if you do that way ..

Posted: 12 Aug 2008 05:43 Post Subject: like bank accounts and credit histories...

Like everyone said, the best way is to go for the multiple car insurance benefits with one company. The only benefit is if you were really concerned about the history of someone else affecting your profile. The only way I could see it being "financially beneficial" is if your car were listed to a primary driver other than you who had a questionable driving record and you wanted to keep things kind of "separate" for financial reasons.

Posted: 21 Aug 2008 02:55 Post Subject:

Try to turn around the local car insurance company and talk about you need. Do not buy anything at the first company. Check it with all companies and choose the best multiple car insurance offers from them. I suggest you choose the best offers from one company only.

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