According to Martin Lewis
According to Mr Lewis, the difference between various multi-car insurance offerings is shocking.
In a Facebook poll of 2,100 people, 40% with more than one car said multi-car won for them, 60% said separate policies did. – For Primo plc, the more significant the disparity between cars and drivers, the bigger the potential savings. Two vehicles aren’t our strength whereas 4 or more is.
Martin’s rule = a lot of work involved!! – Ask Primo plc to do the work for you – It can be very time-consuming especially if you have 4+ vehicles. The simple rule of thumb is to obtain quotes that are opposite to what you already have.
If you’re at renewal and are in a household with more than one car, and you’ve got multi-car insurance, then start by looking for the cheapest separate policy for each vehicle. If you have different policies, then start by checking multi-car insurance.
Unfortunately, you can’t use comparison sites to do multi-car searches (some look like they do, but they forward you to one insurer rather than making a comparison). So instead, you will indeed have to do this manually.
Multi-car policies: Here all cars are on one policy. The big name in multi-car is admiral.com which would always be my starting point, yet it’s not alone – both aviva.co.uk and lv.com are players in this area.
Multi-car discounts: Here you obtain a discount on the cost to insure each ‘additional’ vehicle. There’s morethan.com (15%), axa.co.uk (10%), esure.com (10%), priviledge.com (% varies) and sheilaswheels.com (10%).
There is also a range of companies that potentially offer discounts for those with more than one car. But here the cars aren’t all on the same policy - you have separate policies to get the discount.
The ideal way to achieve this is to use comparison sites (see below) for each car and keep a note of these firms’ prices for each vehicle.
Plus, as the discount is off each additional policy, insure the car with the cheapest premium first because you’ll usually get the discount on the next ‘additional’ (and subsequent) cars – and if they’re most expensive, you save more – Not always that easy.
Multi-policy discounts: Here the discount is for getting an additional policy, e.g. it could be a car policy and a home policy, but two cars also counts. Try directline.com (which is not on comparison sites) and churchill.com – the discount varies.
For individual cars use a comparison site for each vehicle. As they don’t check identical insurers and may have different premium costs for the same provider, it’s always best to do a few checks for a more extensive spread. Try some of the mainstream providers such as moneysupermarket.com, confused.com, gocompare.com and comparethemarket.com.
Read the complete guide at moneysavingexpert.com/carinsurance or for under-25s at moneysavingexpert.com/youngdrivers – Again a lot of work needed.
Tips to get a cheaper quote.
Always be honest about your occupation.
If you describe your job as a “chef” when applying for car insurance application form might mean your average quote is £98 higher than if you write “kitchen staff” GoCompare found – and it’s not only chefs that have this problem.
“Music teachers” pay £86, more than “teachers”, “office managers” pay more than “office administrators”, and “construction workers” pay more than “builders” who – in turn – pay more than “bricklayers”.
Interesting numbers but not sure we agree as all insurers will have different thoughts on occupations.
For more on how your career may affect your insurance, check out CompareTheMarket’s guide.
Does adding another more experienced driver to the policy help? This doesn’t work for us, however, believe it or not, adding another vehicle might.
It’s a crime to say someone who isn’t the primary driver of a car is, but adding a secondary driver is perfectly legal - and more than that, it can save you money.
Get their permission first, then add an experienced driver with a clean driving license and decent no-claims history to your insurance.
We know that many multi-car insurance providers are reluctant or even unable to cover family fleets or collections including non-standard vehicles, such as classic cars, supercars, camper vans or motorcycles. As a specialist in multi-vehicle insurance, we take particular pride in being able to assist our customers to find the correct coverage they need in a way that suits them.
Multi-vehicle insurance policies prepared for all shapes and sizes
The only blueprint for our multi-car policy is that there must be more vehicles than drivers. We understand that every customer's requirements are different and we tailor the insurance cover to suit your individual needs.
Just a few examples of when our multi-vehicle insurance policies can be most helpful:
- A simple car insurance policy that covers your daily drivers and maybe a classic or exotic weekend car.
- A more complex policy that covers different vehicles for different uses including commercial use or even the odd wedding hire.
- Insurance for extensive collections, for example, a tank collector with 40 historic ex-army vehicles.
No need to worry if you require a multi-car policy different to those above. Our policies are flexible and can be tailored to your individual needs.
Benefits of a multi-vehicle insurance policy
Having all your vehicles on a single policy has benefits, making it both more affordable and straightforward to insure any number of cars.
- Discounted premiums - Don't worry about finding affordable policies to protect your vehicles individually, and the more vehicles you add, the better the discounts.
- Save time and effort - you'll only have to give us your details once, and add as many vehicles as you need.
- Flexibility - each separate vehicle can have its individual excess, and additional cover options, this means you may get tailored insurance for each vehicle on the multi-car policy. We may save you money and provide the highest quality cover, depending on your needs.
- No hassle - you won’t need to compare insurance quotes for each vehicle, as Primo can give you one affordable quote.
- A wide range of vehicles covered - from classic cars to campervans, motorbikes to vans; if you own it, chances are we can find a multi-vehicle insurance policy to cover it.
- EU Cover - European green card cover of up to 180 days.
- Agreed Value - We could assess your vehicles and agree on the cover for their actual value, so you won't get a nasty surprise if you need to make a claim.
- Vehicles with modifications.
- Classic vehicles.
- Campers and small commercial vehicles.
- Cover for driving other cars.
- Legal cover and accident management cover.
Or call us now to speak to an adviser...
We feel Primo plc offer the most flexible multi-car/vehicle insurance quotes you will find as well as being able to add other types of vehicles to your policy. Our experienced broker team is knowledgeable in all aspects of vehicle insurance and will calculate your premium individually, using their expert knowledge. When you call us, you'll be speaking to a motoring enthusiast, who is based in the UK and will help you find a policy to best suit your needs.