Car insurance

Be Safeguarded with A Second Car Insurance Policy

by Andy

Whether you buy a second handed car or a new car, if it’s your second car then it needs to be insured. The insurance companies have made the process easy as they are looking forward to acquire new business. Most of the companies offer you policy with a discount in cases where it is for more than one car, and some offer discounts if you take more than one policy, that is say you take both car insurance and homeowners’ policy from the same company. If you get quotes from various companies, you can actually save money in second car insurance by comparing the quotes.

Once you get the best deal on your second car insurance, you have to keep the below things readily with you:

• The policy number of your first car’s insurance.

• The identification number of your first car.

• Your second car’s number of identification.

• The number of your driving license.

In order to avail a second car insurance just follow the below steps:

To start with, give a call to your current car’s insurance company. Check if they offer insurance for more than one car. If they do then check if you are qualified for any kind of discount. Make a note of the cost quoted by them. Next step is to look out for other insurance companies using internet or phone directory located in your place, post which you need to mail or call them enquiring on second car insurance. You need to compare across companies the things like cost, customer care, customer satisfaction and how satisfied you are with your current insurance company before choosing the best deal. After the activation of the second car insurance, it will take some time for you to get the original documents and hence the insurance provider will give you a temporary document for the interim period.

Pros of insuring your second car with a policy from your first car’s insurance company are:

• The insurance companies offer various discounts for those who insure more than one car with them. This will result in nearly 15% to 20% discount on your total bill.

• It would be easy to renew your insurance policies on both the cars as the renewal dates will be the same for them.

• When compared to listing down all the members/drivers in your family, listing multiple cars on a single insurance policy is not very confusing.

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