How Multi Car Insurance Could Save You Money
Multi car insurance is a relatively new type of insurance that allows people to receive a discount when they insure several cars on a single policy. While most insurance providers have included discounts for insuring multiple cars on a policy for some time now, this newer type of car insurance offered by several UK insurers, is targeted specifically at those who wish to insure two or more vehicles from the word go.
Multi car insurance policies can offer several benefits to drivers. The most obvious of these is the reduced cost of your premiums that the companies can offer in return for putting more business their way. However, for certain groups, multi car policies can provide huge flexibility. The best multi car insurance providers not only allow multiple cars to be insured, but multiple cars belonging to multiple drivers.
In most cases this means that several drivers can all insure their cars on one policy so long as they all live at the same address. This could be useful to families with two or more cars or to people living in shared accommodation such as flatmates and students. At least one UK policy provider allows for multiple vehicles to be insured even if they are registered at different addresses.
The best multi car insurance policies also have the added peace of mind given by having a single renewal date for all the cars you may own.
List of UK Multi Car Insurance Providers
There are three main insurance companies in the UK that provide tailored multi car insurance policies:
- Admiral Multi-car Insurance: Admiral Insurance was one of the first companies in the UK to offer multiple car, multiple drivers insurance and their policy allows the flexibility to add extra cars at a later date. Their website also boasts of discounts of up to 23% when insuring 5 cars, but a typical discount for a second car will still be around 10%.
- Direct Line Car Insurance: Direct Line are one of the most trusted names in UK car insurance, and also offer a flexible multi car discount, allowing more cars to be added later and even the linking of policies from from multiple policy holders.
- MultiVehicleCover.co.uk: A relative newcomer to the UK multi car insurance landscape, the online only provider MultiVehicleCover.co.uk has several policies tailored to people who need to insure 3 or more cars, including multiple drivers insurance, and multi-car multi-address insurance.
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