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A multi-car policy simply means that a car insurance policy has more than one vehicle insured. A benefit of insuring multiple cars through a single policy is that most providers give a discount ...
Insuring all the drivers in a household on a single car insurance policy usually results in premium savings. One of the most common ways to do this is to add a spouse to your insurance.
Pros. Cons. Multi-car policy. The more cars you add, the more you may save through multi-car discounts Easier to manage all in one place Pay one bill covering all vehicles on the policy
Bundle your insurance policies. Combining your auto insurance with your home, condo or renters insurance as well as motorcycle, boat, recreational vehicle, mobile home or life insurance often ...
Different levels of coverage may protect consumers depending on which insurance policy they purchase. Coverage is sometimes seen as 20/40/15 or 100/300/100. The first two numbers seen are for medical coverage. In the 100/300 example, the policy will pay $100,000 per person up to $300,000 total for all people. The last number covers property damage.
Combining home, auto and other policies with the same insurer usually leads to discounts. Insurance companies value loyalty and often offer better rates to customers who bundle multiple products.
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