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How much does it cost to insure two cars?
My partner and I are moving in together. Since our cars will be at the same address, I heard we could bundle our insurance. Would it be cheaper to insure two cars under one plan?
Lauren Smith · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“Congratulations on moving in together; that’s a big step!
You heard correctly. You can bundle car insurance for
multiple cars
that are at the same address and save some money. Depending on your insurance, you can combine up to four or five cars.Different insurance companies offer different discounts for multiple cars, but on average, popular companies offer the following discounts for multiple cars:
- State Farm: $1,966
- Allstate: $1,137
- GEICO: $651
- Progressive: $746
- Liberty Manual: $879
There are a lot of factors that come into play when determining your car insurance rate. These factors include your credit scores, driving records, the type of cars you both have, and the coverage you choose. The quotes you receive from companies will include these factors and you might see rates that differ from the averages listed above.
If you want to see how much you could save but are unsure where to get started, you should get quotes from multiple companies. It’s easy to get quotes with the free
Jerry
app. Jerry pulls quotes from the top 50 companies in under a minute and delivers the best deals right to your phone.”View full answer
- Gregory R.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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