Multi-Vehicle Discount Tool Calculator
Frequently Asked Questions
How much do multi-vehicle discounts save?
Multi-vehicle discounts typically save 20-30% on total insurance premiums. For two vehicles costing $1,500 and $1,200 annually, a 25% discount saves $675 per year (reduces total from $2,700 to $2,025). Three vehicles can save $800-$1,200+ per year depending on premiums and discount percentage.
Do all insurance companies offer multi-vehicle discounts?
Yes, most insurance companies offer multi-vehicle discounts ranging from 20-30% off total premiums. Discounts vary by insurer, so shop around and compare bundled quotes. Some insurers offer larger discounts for 3+ vehicles or for bundling home and auto insurance together.
Is it cheaper to insure multiple vehicles together?
Yes, bundling multiple vehicles with one insurer is almost always cheaper than insuring them separately. Multi-vehicle discounts typically save 20-30% on total premiums, which can amount to $300-$1,000+ per year in savings depending on number of vehicles and premium amounts.
Can I get additional discounts when bundling?
Yes, many insurers offer additional discounts when bundling: multi-policy discounts (home + auto saves 10-20%), loyalty discounts (5-10% for long-term customers), and paperless billing discounts (2-5%). Combining these with multi-vehicle discounts can save 30-40% total.
