In many cases, you can get a multi-policy discount if you combine two or more policies, even if they aren't home or car insurance. You can combine motorcycle insurance, boat insurance, renters insurance and recreational vehicle insurance, or more. It's important to remember that some insurers only offer discounts for certain packages. You can save an average of 3% if you combine renters insurance and car insurance with Progressive (the discount will be applied to your car policy).
You can get additional discounts for tenants for each of them. You can save an average of 5% if you combine home and car insurance with Progressive (the savings apply to your auto policy). If your spouse drives your car and damages it, it's normally covered if you add comprehensive and collision coverage to that car. In many states, you have the option of excluding your spouse from your auto insurance policy, but some states only allow it for certain reasons, such as not having a license or already having a policy.
It's always safe to have liability insurance higher than the minimum established in your state so that your car receives sufficient funding in the event of a at-fault collision. If you are married and live in the same household, Progressive and many other insurers require that you and your spouse be covered by the same policy. Some insurers offer discounts only if the covered cars are in the same house and are insured by people who reside there. Progressive and many other insurers offer multi-vehicle discounts for having multiple vehicles on a single policy.
You can have two different car insurance policies for different vehicles, but you'll end up paying more for the insurance. When all your cars are parked together, you only have to pay for a bill due date, a policy number, and an insurance premium. This information is not an insurance policy, does not refer to any specific insurance policy, and does not modify any provision, limitation or exclusion that is expressly stated in any insurance policy. For example, if your adult child lives with you and you insure your car with the same insurance company as yours, some insurers will offer you multi-car discounts on both policies.
Please note that this benefit is only available with renters insurance through American Strategic Insurance (“ASI”), one of the insurers in the Progressive network and part of our family of companies. Multi-car insurance plans require you to follow one basic rule: you must cover two or more cars under the same insurance policy. If you live with someone who has a bad driving record, it might be cheaper to buy a second car insurance policy for your car. The insurance company may not provide you with all the features you want, or it may not provide any classic car insurance.
A multi-car insurance policy refers to an insurance policy that covers more than one car stored or parked at the same address.