It ’ mho common for households to have two cars, specially if both spouses work. But is it cheaper to add a second car to your insurance design ? In this article, we ’ ll excuse which option saves you more money : adding a second car to an existing policy policy or starting a new policy wholly .
If you ’ ra curious about cable car indemnity rates in your area, enter your ZIP code in the box below to receive free quotes .


Affiliate disclosure

Is It Cheaper to Add a Second Car to Your Insurance or to Take Out a Separate Policy?

Because households with multiple vehicles are common, many indemnity providers offer multi-car discounts with savings of up to 25 %. In fact, these discounts are typically separate of an policy company ’ s scheme for attracting and retaining customers. It will about constantly be cheaper to insure a car when it ’ randomness added to an existing policy .
Be mindful, however, that the premiums for the second vehicle may be affected by the repel record of the basal driver. Your policy premiums will increase, but a multiple-car policy will about always save money compared to buying two separate policies, leading to brassy car policy .
When you insure multiple vehicles, the same policy will be used for each cable car when you file an policy claim. The cars share one deductible a well .

When You Shouldn’t Add a Second Car to Your Policy

Before you rush off to call your insurance agent, a few other points must be considered. There may be circumstances when you should not add a second car to your insurance policy but alternatively give each vehicle its own policy .

The Other Car Isn’t Owned by a Member of Your Household

The most obvious reason to maintain separate policies is when the raw car does not belong to regular members of your family. While renters or an stretch house guest may park their car in your driveway or garage, there ’ s no reason to include them into your car indemnity policy unless they plan to become a permanent nonmigratory .

You Need Different Types of Insurance

Some car policy companies require that you maintain the same policy policy and coverage for all vehicles that are on a policy. If your garage contains a new cable car and an old clunker, it doesn ’ t make sense to pay for comprehensive coverage or collision coverage for both vehicles. This is particularly true if one vehicle is used less much than the early .
Check with your indemnity provider to explore your options. Today ’ s top providers will often require both vehicles to have the lapp total of liability coverage, but they may be more elastic when it comes to other types of insurance .

Commercial and Company Vehicles

If you use a separate car for business, this vehicle is typically not going to be eligible for a multi-car deduction. Auto policy companies normally offer these discounts for private passenger vehicles, requiring break policies for commercial and ship’s company cars .

Classic Collector Car

If one of your vehicles is a collectible or classical car, you will likely need a alone policy .

Multi-Car Discount Requirements

For most drivers, insuring two vehicles on the same indemnity policy is a great way to save money and stop paying for offprint policy premiums. If you ’ d like to pursue a multi-car deduction, here are a few things you should know .

Requirements for a Multi-Car Discount

Most policy companies have a few requirements you must meet before you add a new vehicle to your policy. These include :

  • Vehicles must be primarily parked at the same household
  • Vehicles must be private passenger vehicles
  • Vehicles must have the same liability insurance (covers bodily injury and property damage costs for others when you cause an accident)

That means that if your second car is a commercial or company vehicle, you may not be eligible for a multi-car discount .

Discounts for Other Vehicle Types

What if your second car international relations and security network ’ t a car at all ? Some insurance companies offer a multi-vehicle discount or bunch options for drivers who besides own a motorbike, RV or early type of fomite .

Companies That Offer Multi-Car Discounts

How much cheaper multi-car discounts will make your insurance normally depends on your specific cable car and policy. The following board shows the discounts offered by nowadays ’ south top providers :

Company Discount %
Nationwide 20%
Progressive 10%
State Farm 20%
Liberty Mutual 10%
USAA Varies

Be advised that this table is meant for reference purposes. Check with your indemnity supplier about any other discounts it may offer for a multi-car policy policy .

Our Recommendations for Auto Insurance

If you ’ re looking for car insurance providers, we ’ ve reviewed nowadays ’ s lead companies to find the very best options. Note that these insurance companies all offer multi-car discounts, and you may be eligible for other discounts and promotions deoxyadenosine monophosphate well .
By entering your ZIP code below, you can receive detached car insurance quotes from the top providers in your area. You can use this data to compare car policy rates and pinpoint the company that ’ s mighty for the cars in your family .


GEICO: Best Overall

GEICO provides its customers with a 25 % multi-car discount. We named the insurance company as the nation ’ sulfur best car policy supplier overall in our industry follow-up, giving it a score of 9.1 out of 10.0, with a 9.0 in each of the categories of coverage, monetary value and customer military service .
The multi-car deduction is just one of many GEICO discounts that make your vehicles cheaper to insure. The company besides offers indemnity options such as usage-based indemnity, rideshare policy for Uber, Lyft, or food delivery drivers, and mechanical breakdown insurance .

USAA: Best Military Provider

USAA provides policy policies to members of the military and their immediate families. If you ’ re eligible for one of its policies, check with a local agent about a multi-car deduction. In a previous recapitulation, we awarded USAA an 8.9 out of 10.0 overall, with an 8.5 for coverage options and a 9.0 for price, customer service and its repute in the indemnity diligence .

State Farm: Best Student Discounts

state farm is already known for offering discounts for students, arsenic well as condom driver incentive programs for those with a uninfected drive history. But State Farm besides offers customers a 20 % multi-car rebate, so families with more than one fomite can take wide advantage of these fiscal benefits.

Our experts gave State Farm a rat of 8.5 out of 10.0 for overall operation, noting its superior customer service a well as its strong reputation. Because the company offers discounts to students deoxyadenosine monophosphate well as multi-car families, this might be an excellent option for households with person who needs car indemnity at 17 or below .


The Detroit Bureau collects data from every major car insurance provider to formulate rankings of the best insurers. Our in-depth fink system takes into bill market contribution, coverage, pricing, customer satisfaction and ratings from industry experts. Each insurance company is given a weighted score in four categories, a well as an overall grudge out of 10.0 .
We recommend car indemnity companies based on these rankings, but we besides encourage you to perform your own research and compare quotes to find the best coverage .

Leave a Reply

Your email address will not be published. Required fields are marked *