Best Multi Car Insurance

Looking for the best multi-car insurance policies in the UK? Look no further! We've done the research for you and compiled a list of top providers to prioritise when searching for quotes.

Top 11 Multi Car Insurance Companies 2023

1. Admiral – save up to £284
2. Aviva – save 10% for each extra vehicle you add
3. LV= (Liverpool Victoria) – save 12.5% on every car you add to the policy
4. Diamond – "a girl's best friend"
5. AXA – up to 15% discount
6. Sheilas' Wheels – 10% online discount
7. Esure – 5-Star rated by Defacto
8. Direct Line – free Zoom EV bundle for electric car owners
9. Privilege
10. Churchill
11. Elephant

Now that you have your list of providers to explore, let's dive into the wonderful world of multi-car insurance and how it can save you money while making your life easier.

What Is Multi-Car Insurance?

Multi-car insurance is a policy that provides cover for multiple vehicles under one umbrella. This nifty type of insurance is perfect for households with more than one car, offering the same benefits as standard car insurance, such as no-claims bonuses. There are two main ways to set up multi-car insurance: a policy for each car or a single policy for all cars. The former allows for different levels of cover and benefits, with discounts for additional policies, while the latter typically offers the same level of cover for each driver and vehicle.

Why Choose Multi-Car Insurance?

Multi-car insurance can be a real lifesaver when it comes to convenience and potential savings. By consolidating multiple vehicles under one policy, you can save both time and money. In some cases, the discounts for adding multiple cars can save hundreds or even thousands of pounds. Plus, all policy renewals take place simultaneously, making the process much more straightforward. However, it's crucial to compare prices, as multi-car policies may not always be the cheapest option.

How to Find the Best Multi-Car Insurance Policy

Ready to find the best multi-car insurance policy for your household? Here are some tips to help you on your journey:

• Cast a wide net: Use comparison sites like Compare The Market, MoneySupermarket, Confused.com, Quotezone, and GoCompare to find the cheapest individual policies for each car, and then compare those prices with multi-car quotes directly from insurers.
• Follow Martin Lewis's rule of thumb: If you have a multi-car policy, check separate quotes for each vehicle. If you have separate policies, check multi-car policy prices (Money Saving Expert).
• Explore insurers offering multi-car discounts: Some insurers like AXA, Privilege, Sheilas' Wheels, and Esure offer discounts for a second car. Direct Line and Churchill also provide discounts on car insurance if you have another type of insurance policy with them.
• Seek expert advice: If you're struggling to find affordable cover, consider using an insurance broker from the British Insurance Brokers' Association website.

Things to Consider Before Choosing a Multi-Car Insurance Policy

Before you commit to a multi-car insurance policy, consider the specific needs of each driver and vehicle in your household. Keep in mind that inexperienced or high-risk drivers may raise the costs of the entire policy. Plus, a claim for one car could impact the entire policy, and lump-sum expenses may be a concern for some households (Source: Money.co.uk).

Remember, each car on a multi-car policy earns its own no-claims discount for each claim-free year. However, not all insurers treat no-claims discounts the same way, and individual car insurance policies may offer more generous terms (Source: Which?).

Conclusion

Multi-car insurance policies can be a fantastic way to save money and simplify your insurance needs. With our list of top providers and expert tips, you're well on your way to finding the best multi-car insurance policy for your household. Happy hunting!