Your Guide to Understanding Multi Car Insurance
Given the fact that one in three households in the United Kingdom owns more than one car per household, it’s understandable that some will want to leverage the benefits that multicar policies can offer.
Multi car insurance can be used in many instances, including couples that live together and those that house share with friends.
However, as with any form of vehicle insurance, its important to ensure that the multicar insurance taken out meets the requirements of drivers in the household.
Multi Car Insurance Explained
Multi car insurance allows for a single insurance policy to insure up to six cars at the same address. Despite the vehicles being listed on a single policy, each vehicle will come with its own level of cover.
This ensures that a level of excess can be set against each vehicle, and should one car be involved in an accident, other vehicles on the policy will still retain a no claims discount.
There are also additional coverage options available to ensure that a multicar insurance policy can be tailored to the needs of the household.
Why Take out a Multi Car Insurance?
Drivers consider multi car insurance for different reasons. The following is an overview of how beneficial multi car insurance can be.
Potentially Cheaper insurance
No one enjoys paying expensive premiums, and the use of multi car insurance could mean that the premiums are cheaper as a result.
Multi Car Insurance Can Be More Convenient
When using multi car insurance, the policy will renew for all vehicles on the same day, which can mean that the stress associated with insurance renewals is minimised.
Another reason why multi car insurance is so convenient is that only one insurance company will need to be dealt with as opposed to several, which ensure that any claims made on the policy are only discussed with one service provider as opposed to several
Everyone in the Household Can be Covered with Multi Car Insurance
As stated, multi car insurance can be used for up to six vehicles. As such, even the largest households can take advantage of multi car insurance.
Even if there are separate policies in place at the moment, multi car insurance can start with one vehicle, with others being added when insurance is due for renewal.
Multi Car Insurance Often Includes Electric Vehicles
One of the reasons why some may be unsure as to whether multi car insurance is for them can be due to them owning an electric vehicles, and therefore assuming that this wouldn’t be covered on a policy that’s shared with cars that run on diesel or petrol, but nothing could be further from the truth.
There are many forms of multi-car insurance that can cater to those with an electric vehicle and can consist of recovery should an electric car run out of charges, and even replace defective batteries. Check out Car.co.uk, who can tell you more about the options you can take out on a policy.
The price paid for the policy overall could change when including an electric vehicle, but still avoids the hassle of trying to contend with several different policies in the same household
