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Multi Car Insurance
Save money by insuring multiple cars!
If your household has 2 or more cars, it is worthwhile considering taking out Multi Car Insurance cover. This type of insurance covers multiple cars under one policy and can save you money each year.
Some insurers will cover up to 5 cars under a single multi-car policy, providing that all cars are registered under the same address. This means an entire family living at the same address could be covered under the same policy.
This type of policy is like bulk buying your insurance and as multiple people are covered by the same policy, the insurer can reward you with lower premiums, due to reduced administration costs.
This is similar to the way that energy company’s offer you discount if you take out both gas and electricity with them. Please be advised that buying a multi car policy doesn’t always work out cheaper, so it’s best to check both single cover policies pricing before you make a decision.
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MoneyExpert Ltd is not authorised to provide advice and are introducing you to a regulated firm with whom we are not under a contractual obligation to conduct insurance mediation business with exclusively. You should ensure you provide any potential insurer with your full details and ensure that you are eligible to make a claim(s) in relation to the cover offered. MoneyExpert Ltd will receive a small payment for this introduction which will not normally exceed £35.
MoneyExpert does not give advice on or recommend any particular insurance product or service or whether it is suitable for your personal circumstances. The information provided is to help you to make your own choice about how to proceed.
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Car Insurance News
17 Feb 2015
The issue of car modifications has gained momentum recently, after the news that a vicar named Reverend Wena Parry faced cancellation of her car insurance because she had not informed the providers of changes she had made to her car.
11 Feb 2015
The RAC has launched a flexible new car insurance policy aimed at dramatically cutting the cost of learning to drive for young or new drivers.
27 Jan 2015
Over 1.5 million vehicles were made at car plants in the UK last year, the largest number since 2007. The Society for Motor Manufacturers believes the demand i down to first-rate brands, for example Jaguar Land Rover, is responsible.
20 Jan 2015
Car Insurance rises for second consecutive quarter and could spiral upwards in 2015, according to the AA
The era of cheap cover for motorists has drawn to a close, as the AA reports consecutive quarterly rises in car insurance premiums to the end of 2014.