Simply stated, the multi-car /vehicle add-on discount is offered to those drivers who insure all their vehicles (two or more) with one insurance carrier. Those who insure their cars, vans, trucks, mobile homes, snowmobiles, trailers, and campers with the exact same company like a discount of roughly 40 percent compared to those who insure their vehicles separately. The only exception to this rule is always that motorcycles, mopeds, dune buggies, and motor scooters are not classified as private passenger vehicles but instead as separate entities and should be insured with their own individual policies without finding the benefit of the Twenty percent discount.
I discovered these shocking conditions within my first years being an insurance agent and also since then have devoted myself exclusively to improving the forgotten and bewildered auto insurance policyholder. As an example, one case I handled concerning a twenty-two-year-old mother who was paying $700 per year by being classified as under twenty-five and unmarried. I had been able to insure her on the cheap.
I had another case in which a twenty-six- year-old married man had been billed for $980 annually simply because he had received one minor moving violation during his entire driving lifetime. After reviewing his situation, I used to be able to reduce his premium in half!
Then there was clearly the case of the senior citizen who were built with a perfect driving history but was relayed through their explanation his representative that his automobile insurance company wasn’t any longer working in The big apple. He was informed he had to be placed in the assigned risk pool, which more than doubled his premium. I had been able to rescue the indegent man out of this fraudulent scheme and he regained his original rate.
Even when one is luckily enough not to be victimized as with the preceding cases, at any moment, and in a geographic area, even under identical circumstances and with identical coverages, the automobile insurance rates among insurance providers can vary tremendously. As an example, if you check around for auto quotes from companies A, B, C, and D, you will end up shocked to learn that although company A’s minute rates are $800 a year, company B’s $650 and company C’s $750, while company D has got the lowest rate with simply a $600-a-year premium.