Multi car insurance is for households who have more than one vehicle parked in their driveway. This can give the family and its members an opportunity to save substantially on car policy premiums. This is essentially taking just one joint policy instead of four or five separate policies.If you live in a two (or more) vehicle household, you could save money each year with multi-car insurance - a single policy that covers more than one vehicle.
How does multi-car insurance work?
Multi-car cover allows you to use a single policy to cover multiple vehicles. Some providers will cover up to five vehicles under a single multi-car policy provided they are all registered to the same address - which means that an entire family could be covered under the same policy, provided they all live at the same address.A multi-car policy is a lot like buying your insurance in bulk - because multiple people are protected by the same policy, your insurer can reward you with lower prices for that cover in the same way that energy companies will often offer you discounts on dual fuel energy bills. You are making their administration process simpler and also bringing more business to the company.However, buying a multi-car policy does not always work out cheaper, and as such it's always worth exploring both options before you make a decision.
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