Multi-car insurance covers multiple cars under one policy with a single provider.



Multi-car insurance is a type of policy that covers more than one car and driver under the same contract. It can be a convenient and cost-effective option for households with multiple vehicles, but it may not always be cheaper than separate policies. Here are some of the pros and cons of multi-car insurance, as well as some of the features and add-ons that you can look for.


Pros


- Having one multi-car insurance policy for all your cars and drivers can simplify your paperwork and make it easier to manage your claims

- Each driver on the policy can keep their own no claims bonus, which means that if someone else has an accident, it won't affect your discount. However, you should always check the policy documents to make sure

- Some policies can cover cars that are away from home for part of the year, which can be helpful if you have older children who are studying at university


Cons


- Adding a driver who is less experienced or has motoring convictions to your multi-car policy could increase the overall price. In this case, it might be worth comparing quotes for individual policies as well to see if you can save money

- Depending on how the policies are linked, if one driver makes a claim, it could raise the future price for other drivers on the policy

- You can pay for multi-car insurance either annually or monthly, just like single car insurance. If you have synced renewals, that means you will have to pay a large bill once a year. If you choose to pay monthly, you will have to pay interest, which could reduce your multi-car discount


Is multi-car insurance cheaper?


The only way to find out if multi-car insurance is cheaper for you is to compare car insurance quotes for both options. You should add up the prices of individual policies and then try a multi-car quote to see which one costs less.


However, you should also make sure that you compare the same level of cover and features that you need. For example, if you want comprehensive insurance that includes legal cover and European driving, you should only compare prices on policies that offer those things.


The price of multi-car insurance depends on many factors, such as the driver's age and the car insurance group. These factors reflect the risk that each driver and car poses to the insurer, and they are combined into a single premium.


There are also other factors that affect the price, such as your driving history, whether you have made any claims or have any penalty points, and where you live.


Multi-car policy features and add-ons


Different multi-car policies may have different features and add-ons. Some of them may cost extra, so you should only choose what you really need.

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- First-car discount: The first car on the policy gets its own multi-car discount. You should tell the insurer how many cars you plan to add later so that they can calculate your discount

- Courtesy car cover: If your car breaks down, most multi-car policies will provide you with a courtesy car to keep you on the road

- European cover: If you are driving to Europe with other cars on your policy, your multi-car policy may cover you for European driving. However, you should check the details and speak to the insurer if you need to extend your cover

- Windscreen repair: If your windscreen cracks on one of the cars on your policy, multi-car insurance will usually cover windscreen repair

- Stereo and sat-nav cover: If your built-in car stereo or sat-nav gets damaged or stolen, multi-car policies may have personal possessions cover

- Personal injury cover: Personal injury cover protects you if you are in a traffic accident and found to be at fault, up to a limit

- Emergency helpline: Like other comprehensive car insurance policies, multi-car policies can give you access to a 24-hour emergency helpline. You can call them for advice and assistance if you have an accident that is your fault

- No claims bonus match: Some insurers may match the no claims bonus on the second and third car that you add to the multi-car policy

- Uninsured driver protection: Some insurers will cover your excess and protect your no claims bonus if you are in an accident with an uninsured driver and it was not your fault

- New car replacement cover: Some insurers will replace your car with a new one of the same make and model if it is written off or stolen within a certain period of time

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