Best Multi-Vehicle Auto Insurance Discounts in 2024

For multi-vehicle owners, the best multi-vehicle auto insurance discounts often include significant savings on rates typically around 10-25% for adding multiple cars to a single policy.

With cheap multi-car insurance, customers can consolidate coverage, simplifying policy management and payments.

Many auto insurance offer a multi-car insurance discount, which can lead to lower insurance rates per vehicle when insuring vehicles together.

Our Top 10 Company Picks: Best Multi-Vehicle Auto Insurance Discounts

Company	Rank	Savings Potential	A.M. Best	Who Qualifies?
	#1	25%	B	Multi-vehicle policyholders
	#2	25%	A++	Customers with more than one vehicle insured
	#3	20%	A+	Policyholders with multiple cars on a single policy
	#4	20%	A+	Drivers insuring two or more vehicles
	#5	20%	A+	Families with more than one car insured
	#6	15%	A	Multi-vehicle owners
	#7	15%	A++	Military members and their families insuring cars
	#8	12%	A	Policyholders insuring two or more vehicles
	#9	10%	A++	Multi-car policyholders
	#10	10%	A	Customers with more than one car on one policy

Beyond multi-vehicle discounts, consider bundling auto insurance with home or renters insurance for even more savings or raising deductibles to lower costs. Additionally, shopping for quotes will help multi-vehicle owners find the best price. Enter your ZIP code into our free quote comparison tool above to get started today.

How to Qualify for a Multi-Vehicle Auto Insurance Discount

A multiple-car discount may be helpful if you’re wondering how to save on auto insurance with three vehicles. Generally, the more vehicles are covered under a policy, the greater the discount.

These discounts don’t always apply automatically — you may need to specifically request it from your insurance provider. Additionally, certain terms and conditions apply, and the discount amount will vary depending on the insurance company, the number of vehicles, and other policy specifics.

Insure two or more vehicles under one policy to receive a multi-vehicle auto insurance discount. Beyond that, each insurance provider may have slightly different qualifications for eligibility. The insurance company calculates the rate for the policy based on several factors, including vehicle age, your location, drivers’ ages and driving records, and other considerations.

Some of the most common requirements include having the same address as the other drivers on the policy, having all drivers on the policy being related, having all policyholders’ cars in the same location, or owning all cars covered by the policy.

Again, it’s best to talk directly with your insurance company to determine their requirements for auto insurance for multiple cars. Finally, it would help if you compared the total cost of a multi-car policy to individual policies to ensure it will cost less than individual policies.

Best Auto Insurance Companies for Multiple Cars

The multi-vehicle auto insurance discount varies depending on the company, but it usually ranges between 10% and 25% off each vehicle’s rate. There are several options if you’re considering the best auto insurance companies for multiple vehicles.

Take a look at the table below to compare multi-car insurance discounts from top companies such as Geico and State Farm:

Top Multi-Vehicle Savings: Monthly Min. Coverage Rates After Discount

Insurance Company	After Discount
	$60
	$62
	$64
	$66
	$68
	$69
	$70
	$71
	$72
	$73

As you can see, the multi-car discount with Geico offers savings of up to 25%, while you can save up to 20% with State Farm’s multi-car discount. On the other hand, you’ll only save about 10% with Progressive’s multi-car discount.

\Make sure also to consider what you’ll be paying at different auto insurance companies before the discount is applied, such as your rates by driving record.

Not all car insurance companies have the biggest multi-car discounts, so it’s worth getting car insurance quotes for a multi-car policy to find the best deal, especially when shopping for multi-car insurance policies for families.

Benefits of a Multi-Vehicle Auto Insurance Policy

Believe it or not, having a second car does affect auto insurance rates (Learn More: Does a second car affect auto insurance rates?). Having a multiple-car plan offers several benefits besides the fact that it’s often cheaper. First, it reduces the hassle of managing multiple insurance policies, with a single policy covering several vehicles.

Another benefit is that a multiple-car plan can give you more flexibility when adding or removing vehicles from the policy. Finally, an auto insurance multi-car discount is convenient if your family has multiple drivers since you can include everyone on one policy rather than requiring separate policies for each driver.

Getting Cheap Auto Insurance With Multi-Vehicle Discounts

If you have more than one vehicle in your household, a multiple-car auto insurance policy might be worth considering. The best multi-vehicle auto insurance discounts save you money, but they can also simplify the claims process and save time managing multiple policies. Read more about how to manage your auto insurance policy.

However, to get a multiple-car insurance discount, you must insure two or more vehicles, and other eligibility requirements may vary between insurance providers.

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As with any insurance decision, remember to compare multi-vehicle car insurance policies and providers to ensure you find the best insurance for multiple cars.

By following these tips and considering the benefits outlined here, you can decide whether a multiple-car auto insurance discount is right for you. Enter your ZIP code below to start comparing free multi-vehicle insurance quotes.