1. 1370 POINTS
    Jack Heller
    Owner, Insurance Browser,
    Great question, but I am afraid I have to say it depends. Each car on your policy will be rated according to who owns it, uses and how they use it, as well as the specific characteristics of the car itself. If you have only one car on your policy now you will be pleased to learn that most carriers offer a multi-car discount.The theory being you cannot be driving both cars at once. Many agents and companies can do "what if " scenarios to price your additional car, and even if they do not have that capability, they can help you understand the differences that might exist between different makes and models. I would also suggest you also check the info from the Insurance Institute for Highway Safety as they test the car in crash situations to understand how a specific vehicle type will respond.
    Answered on December 18, 2013
  2. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    Each car is rated individually. Your insurance company may provide discounts based upon the number of cars insured but the basic rate will be the same whether it is the first or fifth car written on the account. Most companies extend coverage to newly purchased cars for a period of time. When you apply for the ad car you will find the policy dated to the date of purchase.
    Answered on October 31, 2014
  3. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>