Multi-Car Insurance: A Policy For All Your Cars

Multi-Car Insurance: A Policy For All Your Cars


Many people appear to buy multiple cars, each for a certain purpose. There are a few requirements you must follow as a car owner when it comes to car insurance and pollution under control (PUC) certification. The registration certificate for your vehicle is valid for 15 years from the date of purchase, but these other benefits may require annual renewal. This is where it becomes difficult for someone who owns multiple vehicles.

You must keep a note of the expiration dates for each and ensure that the renewal date is not missed, especially when it comes to car insurance for old cars. This will result in not only uncertainty but also severe fines. But don’t worry if you own more than one car You can use auto insurance that covers all of your vehicles under a single policy. A multi-car insurance plan is a policy that covers multiple vehicles.

1. What is a multi-car insurance policy?

Multi-vehicle auto insurance is a type of car insurance benefits that covers more than one car, similar to the family floater policy in health insurance, which covers multiple people with a single policy. This auto insurance package covers up to five vehicles under a single policy. You no longer need to memorise different insurance dates in order to keep track of them and avoid missing their renewals. When purchasing this multi-car insurance policy, you can select between stand-alone coverage for your individual vehicle or a comprehensive plan for all insured vehicles at once.

2. How much is insured under this form of multi-car insurance policy?

Because there are multiple vehicles to be insured, the primary vehicle is the one with the greatest reported insurance value or IDV. The IDV of the principal insured vehicle is the maximum coverage for this form of motor flotation policy, and all other vehicles are considered secondary vehicles.

3. What are the advantages of purchasing a multi-car insurance policy?

A multi-car insurance coverage may include the following features:

No-hassle purchasing

A multi-car insurance coverage will save you the trouble of handling multiple policies for your various vehicles. It also saves time and reduces the amount of paperwork required to buy new insurance coverage.

The ease with which policy specifics can be changed

In terms of policy information, a single insurance policy is easier to administer. You do not have to supply the same information when purchasing or changing your insurance. As a result, you can easily alter the coverage details for all of your vehicles at once using your car insurance app.

Coverage adaptability

Multi-car insurance packages have the advantage of allowing you to add or remove any vehicle from coverage with a few clicks. Some insurers also provide mobile apps to help with these adjustments. Furthermore, some policies permit the user to switch off or disable the protection of a specific vehicle as needed. The theft and fire damage coverage, on the other hand, will continue in effect. Furthermore, you do not need to worry about how to acquire third-party auto insurance online for each vehicle in order to cover liabilities when it comes to car insurance claim rules.

Less documentation

It is easier to look at and manage your coverage when you have a single policy for all of your vehicles. This frequently includes less paperwork during the initial purchase. As previously said, smartphone apps or online services are available for you to add newer cars to your coverage.

A limited number of insurance companies offer multi-car insurance policies, which are a developing concept. Research may be beneficial when considering car insurance for old cars.

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Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.


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