Simply stated, the multi-car /vehicle add-on discount emerges to those drivers who insure all their vehicles (two or more) with one insurance company. Those who insure their cars, vans, trucks, mobile homes, snowmobiles, trailers, and campers with the exact same company enjoy a discount of roughly 40 percent compared to those who insure their vehicles separately. The sole exception to the rule is always that motorcycles, mopeds, dune buggies, and motor scooters usually are not classified as private passenger vehicles but instead as separate entities and should be insured using their own individual policies without receiving the benefit of the 20 percent discount.
I discovered these shocking conditions during my first years as a possible insurance agent and also since then have devoted myself exclusively to enhancing the forgotten and bewildered auto insurance policyholder. For example, 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 for less.
I had another case where a twenty-six- year-old married man was being billed for $980 a year simply because he’d received one minor moving violation throughout his entire driving lifetime. After reviewing his situation, I was able to reduce his premium in half!
Then there is the case of a senior citizen who were built with a perfect driving record but was told by here’s the original source his representative that his automobile insurance company was no longer conducting business in Ny. He was informed he had to be put in the assigned risk pool, that doubled his premium. I was able to rescue the indegent man using this fraudulent scheme and that he regained his original rate.
Even when one is lucky not to be victimized as in the preceding cases, at any moment, and in any given geographic area, even under identical circumstances and with identical coverages, the car 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 learn that although company A’s rate is $800 a year, company B’s $650 and company C’s $750, while company D gets the lowest rate with only a $600-a-year premium.