Most Affordable Way to Insure a Second Car

Most Affordable Way to Insure a Second Car

Learn the best way to save on insurance for a second car.

No one wants to pay more for their auto insurance in Astoria, New York than they have to.  This is why it’s natural to want to find the cheapest way to get insurance for a second car.  But what is the best way to get the coverage you need at a price that you can afford?  Here’s what you need to know about securing affordable auto coverage for your second car.

Multi-Car Policy Vs. Separate Policies

Many American households have more than one vehicle.  When this is the case, it is generally cheaper to insure all vehicles under a single policy rather than getting a policy for each car.  All auto insurers offer multi-car policies that make it easy bundle car insurance policies and save money.  Not only will this save you money on your insurance, but it was also make your insurance much easier to manage.  When all your vehicles are insured on a single policy then you only have to contend with one insurer, pay one monthly premium, and make adjustments to a single policy.

Keep in Mind…

While multi-car policies are usually the cheaper insurance option, this isn’t always the case.  Sometimes it can actually be more expensive to bundle multiple drivers under the same policy.  For instance, if one driver has multiple at-fault collisions within the last 10 years, then this will raise your insurance rates significantly.  In this case, the joint policy rates might be higher than the cost of two separate policies.  So, if one of the drivers in your household has a history of getting into accidents, then make sure you check with your insurer to determine the cheapest course of action for you.

This is what you need to know about saving money on insurance for a second car.  Do you have additional questions regarding your auto insurance in Astoria, New York?  Then don’t hesitate to contact the experts at 01 Insurance.  Our dedicated team is ready to assist you with all your coverage needs today.