Simply stated, the multi-car /vehicle add-on discount emerges to those drivers who insure their vehicles (a couple of) with one insurance carrier. Those who insure their cars, vans, trucks, mobile homes, snowmobiles, trailers, and campers with the same company enjoy a discount of approximately 40 percent compared to those who insure their vehicles separately. The only exception to this rule is the fact that motorcycles, mopeds, dune buggies, and motor scooters aren’t classified as private passenger vehicles but alternatively as separate entities and ought to be insured making use of their own individual policies without finding the benefit of the 20 % discount.
I discovered these shocking conditions during my first years as a possible insurance agent and since then have devoted myself exclusively to improving the forgotten and bewildered auto insurance policyholder. For instance, one case I handled concerning a twenty-two-year-old mother who was paying $700 annually by being classified as under twenty-five and unmarried. I was able to insure her on the cheap.
I had another case in which a twenty-six- year-old married man had been billed for $980 per year simply because he’d received one minor moving violation throughout his entire driving lifetime. After reviewing his situation, I was able to reduce his premium in two!
Then there was clearly the case of your senior citizen who had a perfect driving record but was told by here his representative that his automobile insurance company wasn’t any longer doing business in Ny. He was informed which he had to be placed in the assigned risk pool, that doubled his premium. I was able to rescue poor people man using this fraudulent scheme and the man regained his original rate.
Even if one is luckily enough not to be victimized as with the preceding cases, at any moment, and in a geographic area, even under identical circumstances along with identical coverages, the vehicle insurance rates among insurance companies can vary tremendously. For example, if you look around for auto quotes from companies A, B, C, and D, you’ll be shocked to discover that although company A’s minute rates are $800 a year, company B’s $650 and company C’s $750, while company D has got the lowest rate with only a $600-a-year premium.