As per provisions made by the laws of the country, every vehicle has to be compulsorily insured before it is put on road. There are heavy penalties for driving a vehicle without a valid insurance cover. Insurance companies charge the insurance premium on the basis of several factors like age of the driver, make and model of the car, frequency of the driving, distances to be covered and physical condition of the car etc. if you have got two or more cars in your house, you can save a lot of money through the option of multiple car insurance.

The facility of discounts on insurance cover for more than one car under a single policy is a very profitable preposition for the person who owns two or more cars. Obtaining a single cover for multiple cars saves a lot of money for you in form of attractive discount, brokerage, renewal charges, taxes, etc. You can easily calculate the amount of premium payable for a single cover for two cars in your house in comparison to insurance premium for two separate cars owned by you. Multiple car insurance is a highly useful option as besides allowing you a substantial discount on premiums it facilitates the synchronization of renewals of all the cars owned by you.

Besides this, it avoids the hassle of going to insurance company or calling your insurance agent time and again for getting all your cars insured. Another attractive feature of this facility of multiple car insurance is that a new car can be added at any time in this single cover for the insurance of multiple cars or it can be conveniently replaced with an old car covered under the policy. During a few years, you shall be able to save a considerable sum of money by exercising this beneficial option of multiple car insurance. Apart from this, when you prefer to get all the cars owned by you insured from a single company, you get additional loyalty discounts.

Insurance companies calculate the premium on a number of factors like the area in which car is to be kept or driven and condition of the car, age of the driver etc. the areas which are more crowded and are found to be more accident prone, attract higher premiums. Similarly, premium for the drivers below 25 years of age are considerably higher in comparison to older drivers as young drivers are supposed to commit more errors while driving. With a proper maintenance of your cars and careful driving you can save a lot of money on the amount of insurance premiums payable by you. In this way, multiple car insurance is a highly beneficial option for the persons having two or more cars.