Of all the discounts that are available for auto insurance, multi-auto, also called multi-car, discounts are the easiest to get. In fact, it’s usually automatically applied when you add a new vehicle to your policy or when you sign up for a new auto insurance policy.
How to Qualify For This Auto Insurance Discount
To qualify for a multi-auto discount, you simply have to have two or more vehicles insured by the same auto insurance company. Additionally, all the drivers who are listed on the policy need to be part of the same household. Some insurers require that policyholders are related to one another. Other auto insurance companies only require that you’re living under the same roof, meaning that your significant other or roommate could also be on the policy.
If your vehicle is included in a multi-auto policy, and you get into an accident, your premium on that vehicle may increase. This will affect your total monthly premium.
How Much Can I Save on My Auto Insurance Premium?
On average, drivers can expect to save between 10 and 25 percent off of their liability, comprehensive, and collision coverages. If you’re adding a vehicle to an existing policy or signing up for a new policy, you’ll need to provide information like the year, make, and model of your vehicles, their VINs, and your lienholder’s information, if applicable.
Our auto insurance agents are here to help you get the best price on your auto insurance. If you’re in Las Vegas, Nevada, reach out to us today to talk about multi-auto discounts.
DISCLAIMER: It is important to note that the information contained herein is made general for the purpose of explanation. You should consult your policy for exclusions or other language that may alter your policy.