There are quite a lot of insurance companies that now offer multi car insurance policies to their customers. So, what are the potential benefits of taking out such a policy?
Firstly, perhaps we should explain what such a policy is. Quite simply, this type of car insurance provides cover for two or more cars (usually up to five or six vehicles) that are usually kept at the same property so would tend to appeal to families who, for instance, have say dad, mum, son and daughter needing to insure each of their cars which has often been done by taking out separate car insurance policies. Another option is for a multi car insurance policy to be arranged covering all four cars.
The major benefit is that a multi car insurance policy tends to offer a discount for insuring more than one car on the same policy. Sometimes the discount may be larger the more cars that are insured. Therefore such cover is often cheaper than if separate policies were arranged for each vehicle. However, this may not always be the case as, for instance, if you have a family member who has say a bad driving record perhaps due to having been caught driving whilst over the drink drive limit then it may not be cheaper to include that person on a multi car insurance policy.
Another potential benefit is that it means that the cover for all the vehicles is reviewed on the same date with the direct debit coming out of a bank account on the same date each month or each year.
Flexibility is a potential benefit as you can have a different level of cover for different cars. You can also potentially add or remove a car from the policy.
So, if you think that a multi car insurance policy may be of benefit to you and your family, why not get in touch with us today with a view to obtaining a competitive quotation without any obligation.
