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Do you get a discount if you have multiple cars on an insurance policy?
I just got a new car and need to get insurance on it. I currently have an insurance policy for another vehicle. Can I get a discount on my current insurance if I add a new car?
Emily Maracle · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
For example,
Progressive
offers around a 4% discount when you add an additional vehicle. State Farm
also offers a discount of up to 20% when you add another vehicle.To determine whether your current carrier offers a multi-car discount, you’ll want to reach out to them directly. They will be able to provide you with a quote on the cost to add the vehicle.
You may also want to review your current policy, especially if you’re adding full coverage to your new car or if you have home insurance with the same company.”
View full answer
- Gregory R.
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