The one place where people can look to reduce their monthly expenses is in their auto insurance coverage. Auto insurance companies all over the country are giving their clients the opportunity to qualify for several discounts on their auto insurance rates. Everyone can find a discount they may be able to qualify for even if they are in a demographic that is typically charged the highest rates, so it is worthwhile for everybody to ask their auto insurance companies if they have any of the following discounts when asking for insurance quotes for multiple cars.
The Multiple Vehicle Discount
The multi-car discount is an easy one. A lot of people have more than one vehicle to insure, and it only makes matters less complicated if they purchase one auto insurance policy for all of these vehicles. They will only have one bill to pay every month or every year, and they will know exactly the type of coverage they have on each automobile when it comes time to file a claim.
Those who currently have vehicles within the same household under different policies from different companies may be able to receive as much as a 10 percent reduction of their rates with the multi-vehicle discount.
The Multiple Policy Discount
Insurance companies often sell more than one type of insurance product, and people can make their financial products even less complicated if they purchase different insurance policies from one company. Life insurance and homeowner’s insurance are highly popular products that people often need to purchase just as much as need to purchase auto insurance, so it is very plausible for a lot of people to qualify for this discount. They can save another 10 percent on their rates when they accomplish this goal.