Simply stated, the multi-car /vehicle add-on discount is given to those drivers who insure their vehicles (a couple of) with one insurance carrier. Those who insure their cars, vans, pickup trucks, mobile homes, snowmobiles, trailers, and campers with similar company enjoy a discount of roughly 40 percent than others who insure their vehicles separately. The only exception to the rule is always that motorcycles, mopeds, dune buggies, and motor scooters aren’t classified as private passenger vehicles but instead as separate entities and ought to be insured using their own individual policies without receiving the benefit of the 20 percent discount.
I discovered these shocking conditions within my first years as an 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 had been paying $700 per year by being considered under twenty-five and unmarried. I had been able to insure her at a lower price.
I had another case when a twenty-six- year-old married man had been billed for $980 a year simply because he’d received one minor moving violation during his entire driving lifetime. After reviewing his situation, I had been able to reduce his premium in two!
Then there is the case of your senior citizen who stood a perfect record but was relayed through click here his representative that his automobile insurance company had not been longer working in New York. He was informed which he had to be put into the assigned risk pool, which more than doubled his premium. I was able to rescue the indegent man out of this fraudulent scheme and that he regained his original rate.
Even though 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 with identical coverages, the car insurance rates among insurance providers can vary tremendously. For instance, if you check around for auto quotes from companies A, B, C, and D, you’ll be shocked to discover that although company A’s minute rates are $800 a year, company B’s $650 and company C’s $750, while company D gets the lowest rate just a $600-a-year premium.