Top 5 things to consider when choosing multi car insurance

If you’ve had a look at what’s available and decided that a multi car insurance policy is right for you then there are a number of factors you should consider before making your final decision.  It is very important to know exactly what you is being offered to you in order to get the best deal for your needs.  Here at BestMultiCarInsurance.com we’ve put together a quick list of the top 5 things to check in order get the best multi car insurance policy.

• Is this multi car insurance policy right for me? First of all, check the details on the policy to make sure of what you are getting.  Check whether the policy provides cover for multiple named drivers, or only multiple cars – now consider your circumstances.  If you own 2 cars and are simply looking to consolidate your payments into one policy then it doesn’t matter all that much, but if you’re a married couple looking to insure yourselves and the kids then you certainly need a multi-driver policy.
• The ‘No-Claims Bonus Question’ Here’s another very important point to consider, and a key factor in picking out the best multi car insurance policies – in the event of one driver having an accident, will all of you lose out on your no claims bonuses.  This varies between insurers, and although in most cases one may have to end up paying a little extra in premiums, most major companies offering these policies will not take away all named drivers’ no claims bonuses in the event of an accident involving one.  Make sure your multi car insurance policy protects no claims bonuses.
• Adding More Cars Later Again this is a question of individual circumstances.  Do you see yourself buying another car in the near future? Is there a reason why you may wish to add another driver to your policy?  With most multi car insurance policies adding another car is never a problem – many companies will offer extra discounts for you to do just that – sometimes as much as an extra 10% off for each new car added to an existing policy.  One should always check that there are no clauses related to this – for example adding a high-performance or luxury car may incur extra costs in some multi car insurance policies.
• What About Young Drivers? Another point to seriously focus on is how the cost of your multi car policy will be affected if one or more of your drivers are under 25.  If you are looking to include your children’s premiums in your own policy then it is important to consider this.  Many insurers will charge significantly higher rates for drivers under 25 with the lower the age the higher the premium, particularly in the case of young male drivers, so in some cases it may be cheaper to insure them separately.  This is worth looking closely at though, as you may still find multi car insurance which can provide for this and save you money.
• Renewal Dates It may seem an obvious point but not all multi car insurance policies allow you to bundle all of your renewal dates together.  Make sure you go with a provider who allows you to have a single renewal date for the policy. After all, while saving money may be the most important thing, if your going to the bother of upgrading your insurance to a multi car policy then you may as well save yourself the time and hassle of keeping track of your renewal dates later.

Although this is just a rough guide, and our advice as always is to read the small print before parting with your money, by keeping these 5 points in mind when you are searching for multi car insurance deals online, you should be able to find the best multi car insurance policy to suit you and your needs.