If you recently purchased a new vehicle or you are shopping around for coverage on an existing one, your first step might be to get an online car insurance quote.
Getting an online car insurance quote has become easier over the years, but chances are, you have other assets to insure as well. If you currently have coverage on your home and other vehicles, there are reasons you might want to consider including them when you request a quote for your new car. Continue reading to find out more about the benefits of insuring multiple assets with the same insurer.
Multi-Car Discounts
If you have a two-vehicle household or more, lumping coverage together for all of your vehicles on the same policy could pay benefits. Since insuring more vehicles means more business for the insurer, you may be rewarded with a discount. In order to benefit from a multi-car discount, you must have at least two vehicles in the same household that are listed under the same policyholder’s name with the same insurance company. While two cars are often enough to benefit, some insurers may offer greater savings with the addition of third and fourth vehicles.
While anyone can benefit from a multi-car discount, some of the greatest savings go to households with young drivers. A teen driver might pay more than twice as much for insurance on an individual policy than he or she would pay for coverage under a more experienced driver’s policy in the same household. Remember that every insurance company has different rules and policies for extending multi-car discounts. Talk with Heinen Insurance to find out more about which company could provide you with the greatest savings.
Multi-Line Discounts (“Bundling”)
You may have heard insurance companies advertise discounts for bundling your home and auto coverage. The truth is, insuring both your house and your cars with the same insurance company could lead to major savings. Even if you don’t own a home, you might still qualify for a multi-line discount. Besides homeowners insurance, multi-line discounts can also apply to drivers who also insure a condo, rental property, boat, or RV. Even a life insurance policy can qualify as ‘bundling’ with some insurers.
Consolidated Coverage Benefits
Looking to make things easier? There is a lot to be said for simplicity, and consolidating all of your insurance needs under one roof can take the frustrations out of renewals, premium payments, and more. In fact, many insurers can align your car and home policy renewals to occur at the same time, making it less likely that you would forget and let your coverage lapse.
If you are interested in taking advantage of multiple-asset insurance benefits, take the time to speak with an independent insurance agent at Heinen Insurance, who can help you compare plans from multiple insurers and pick the one that is right for you. Contact us today to request your free car insurance quote. We look forward to serving you soon.
