The Top 5 Pitfalls to Look Out For When Buying Multi Car Insurance
It can be confusing, but with a little research, you can really make the most out of what's on offer and save yourself money at the same time.
Here I've compiled a list of a few key factors that you should keep in mind when going about your research into which multi car policy is best for you.
- First of all, you want to check that you'll be able to insure not just multiple cars on one policy, but multiple drivers as well.
Most of the best multi car insurance policies out there will do this, and this can really open up your options in terms of adding more drivers or cars at a later date - Secondly, you want to go with a policy that will protect the other named drivers' no claims discounts, should one of them suffer an accident, otherwise you could end up paying higher premiums, or even losing your no claims bonuses altogether.
- Another thing you want to make sure of straight away, is whether you will be able to add further cars and drivers down the line.
It may seem a basic principle of multi-car insurance, yet some policies do not allow it! Be absolutely certain that you will be able to add extra drivers at a later date - remember, the best policies will give you a bigger discount for every car you add, so don't be fooled into accepting a bad deal - One area where you might encounter difficulty with insuring for multiple drivers, is if one of them is designated a 'young' driver.
Many insures will ask for higher premiums if one of your drivers is under 21 or even 25, so you may be better off insuring your children separately, particularly if they are boys - Always make sure that the policy you go for is right for you, if not, you could end up paying more than you need.
A company may make claims about this or that policy, but if your are looking to insure farm vehicles, you'll probably need a different policy than if it were luxury cars.