Simply stated, the multi-car /vehicle add-on discount is offered to those drivers who insure their vehicles (several) with one insurance provider. Those who insure their cars, vans, pickups, mobile homes, snowmobiles, trailers, and campers with the same company have a discount of roughly 40 percent compared to those who insure their vehicles separately. The sole exception to the rule is that motorcycles, mopeds, dune buggies, and motor scooters aren’t classified as private passenger vehicles but rather as separate entities and must be insured with their own individual policies without finding the benefit of the 20 percent discount.
I came across these shocking conditions within my first years being an insurance agent and also since then have devoted myself exclusively to enhancing the forgotten and bewildered motor insurance policyholder. For instance, one case I handled concerning a twenty-two-year-old mother who was simply paying $700 a year by being considered under twenty-five and unmarried. I was able to insure her on the cheap.
I had another case when a twenty-six- year-old married man was being billed for $980 per year simply because he previously received one minor moving violation during his entire driving lifetime. After reviewing his situation, I had been able to reduce his premium in two!
Then there is the case of a senior citizen who were built with a perfect driving record but was relayed through do you agree his representative that his auto insurance company was no longer doing business in Ny. He was informed which he had to be placed in the assigned risk pool, which more than doubled his premium. I was able to rescue poor people man from this fraudulent scheme and the man regained his original rate.
Even when one is lucky not to be victimized such as the preceding cases, at any moment, and in any given geographic area, even under identical circumstances along with identical coverages, the automobile insurance rates among insurance providers can vary tremendously. For example, if you check around for auto quotes from companies A, B, C, and D, you will end up shocked to find out that although company A’s 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.