Selecting the right auto insurance for multiple vehicles can help save money and simplify insurance management. Whether you have two cars or more, the right approach can make all the difference. At the Davidson Insurance Agency, serving Evergreen, CO, we’ll work with you to determine which type of auto insurance is right for your coverage needs, regardless of the size of your at-home fleet.
Multi-Vehicle Insurance Policies
One of the first steps you can take when you own more than one vehicle is to consider a multi-car insurance policy. A multi-vehicle insurance policy provides steep discounts when you choose to insure more than one car under the same policy. In most instances, these policies cost less than insuring each vehicle independently.
Match Coverage
Not all vehicles require the same level of insurance. For example, newer or financed vehicles often require full coverage (collision and comprehensive). Older, paid-off cars may only require liability insurance. Tailoring coverage to each of your vehicle’s specific needs can help avoid overpaying while still maintaining your protection.
Review Liability Limits
When you own multiple vehicles and drive them regularly, your exposure to potential accidents increases. Selecting higher liability limits can better protect your savings and also assets if you’re involved in a serious accident. In some cases, you may consider adding an umbrella insurance policy for an extra layer of protection.
Knowing how to choose the right auto insurance policy for multiple vehicles is essential anytime you own more than one vehicle. With the right policy, you can maintain peace of mind anytime a driver is out on the road. To learn more about your options and to compare insurance providers that are optimal for you, contact the Davidson Insurance Agency, serving Evergreen, CO, for your consultation and quote today.
