Most people know about safe driver discounts, but not as many are aware of the fact that you can save money just by having multiple policies with the same insurance company. You can even mix types of policies, such as having your home and car insured, multiple car insurance policies, or a complete liability lineup that includes home insurance, car coverage, and an umbrella policy to protect you if you are hit with a higher claim than your car or home insurance alone will cover.
Multiple policy discounts are only one way to save money on your insurance costs, but it is a good place to start. Insurance companies regard having more than one policy with them as a kind of customer loyalty, and loyalty is rewarded with discounts. From the standpoint of the company, you are not likely to require coverage on more than one of the policies at a given time, so insuring one person with multiple policies is a way of limiting the possible claims that will be filed.
In a time when the economy is struggling, any way you are able to save a few dollars means stretching your hard-earned income a little farther. Keeping a good credit score, living in a low-crime zip code, and parking your car in a private garage at night are other ways you can reduce your insurance costs, and can be used in conjunction with any discounts you get from having multiple insurance policies with the same company.
You can use online car insurance quotes to help you find the lowest premiums, but you may have to talk to an agent to find out how much you can save if you have multiple policies with the same insurance company. If you are not asked about other policies you have with the company while filling out the free quote information, make a note of the final quote and then contact an agent to find out how much you are able to save.