Simply stated, the multi-car /vehicle add-on discount emerges to those drivers who insure all their vehicles (two or more) with one insurance carrier. Those who insure their cars, vans, pickups, 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 for this rule is the fact that motorcycles, mopeds, dune buggies, and motor scooters aren’t classified as private passenger vehicles but alternatively as separate entities and ought to be insured with their own individual policies without getting the benefit of the 20 percent discount.
I stumbled upon these shocking conditions within my first years being an insurance agent and since then have devoted myself exclusively to improving the forgotten and bewildered motor insurance policyholder. As an example, one case I handled concerning a twenty-two-year-old mother who was simply paying $700 annually by being viewed as under twenty-five and unmarried. I used to be able to insure her on the cheap.
I had another case when a twenty-six- year-old married man was being billed for $980 a year simply because he’d received one minor moving violation during his entire driving lifetime. After reviewing his situation, I was able to reduce his premium by 50 percent!
Then there was the case of the senior citizen who were built with a perfect driving history but was told through basics his representative that his automobile insurance company wasn’t any longer doing business in Ny. He was informed that he had to be put into the assigned risk pool, which more than doubled his premium. I used to be able to rescue the poor man using this fraudulent scheme and the man regained his original rate.
Even when one is fortunate enough not to be victimized such as the preceding cases, at any time, and in any given geographic area, even under identical circumstances along with identical coverages, the automobile insurance rates among insurance firms can vary tremendously. For instance, if you look around for auto quotes from companies A, B, C, and D, you will be shocked to discover 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.