Are multicar policys good value?
Discussion
When you've got one fun car, and one dull car, how do multicar policys stack up?
I'll finally be moving in with my other half soon, and quite by chance, it turns out both are car insurances are due on the same day in feb!
Seems like a good opportunity to bundle our policys together, hopefully save a few bob - but are multicar policys worth it, particularly if one car is a bit spicey?
With both of us being petrol heads, we're hoping to reconfigure our car ownership so we have one fun weekend car (s2000 is currently topping the list), and we'll keep my dullard mpg munching hatch for her to commute to work in.
There must be quite a few on PH, who have one fun car, and one 'everyday' car- what are peoples experiences with multicar policys? What other companies are worth checking out, other than the highly ranked naval officer?
I'll finally be moving in with my other half soon, and quite by chance, it turns out both are car insurances are due on the same day in feb!
Seems like a good opportunity to bundle our policys together, hopefully save a few bob - but are multicar policys worth it, particularly if one car is a bit spicey?
With both of us being petrol heads, we're hoping to reconfigure our car ownership so we have one fun weekend car (s2000 is currently topping the list), and we'll keep my dullard mpg munching hatch for her to commute to work in.
There must be quite a few on PH, who have one fun car, and one 'everyday' car- what are peoples experiences with multicar policys? What other companies are worth checking out, other than the highly ranked naval officer?
They're s
t, or at least the one's I've tried to get quotes on.
I have 2 cars and typically got quotes of about £1000 for both cars
which is crap given my usual premium is a shade under £300.
I found A-Plan to be excellent and they just gave me a single car quote to run parallel with my other policy. However they mirrored my NCB so was able to insure my 2nd car for £450.
t, or at least the one's I've tried to get quotes on.I have 2 cars and typically got quotes of about £1000 for both cars
which is crap given my usual premium is a shade under £300.I found A-Plan to be excellent and they just gave me a single car quote to run parallel with my other policy. However they mirrored my NCB so was able to insure my 2nd car for £450.
My gf and I had 4 cars, including my Tuscan, on an Admiral multi car policy last year and it was about 400 quid cheaper than the best combination I could get on the cars individually.
I've changed it round a bit this year as we got rid of one car and my Tuscan has gone over 10 years old so it's now on a classic policy. I've left my Touareg and our smart Roadster on the multicar with Admiral though as again it was cheaper than individual policies.
I think you need a couple of named drivers on >2 cars to get much benefit.
I've changed it round a bit this year as we got rid of one car and my Tuscan has gone over 10 years old so it's now on a classic policy. I've left my Touareg and our smart Roadster on the multicar with Admiral though as again it was cheaper than individual policies.
I think you need a couple of named drivers on >2 cars to get much benefit.
Basil Brush said:
My gf and I had 4 cars, including my Tuscan, on an Admiral multi car policy last year and it was about 400 quid cheaper than the best combination I could get on the cars individually.
I've changed it round a bit this year as we got rid of one car and my Tuscan has gone over 10 years old so it's now on a classic policy. I've left my Touareg and our smart Roadster on the multicar with Admiral though as again it was cheaper than individual policies.
I think you need a couple of named drivers on >2 cars to get much benefit.
completely off topic, but thats a damn fine selection of motors you have there!I've changed it round a bit this year as we got rid of one car and my Tuscan has gone over 10 years old so it's now on a classic policy. I've left my Touareg and our smart Roadster on the multicar with Admiral though as again it was cheaper than individual policies.
I think you need a couple of named drivers on >2 cars to get much benefit.
I'd say not. Me and my wife had one with a well known multi car insurance company, and they wanted to charge her nearly £900 this year for her 2004 Passat, living in a low risk postcode with 10 years no claims. So we took her car off, get it insured for half the price, and they put an additional £200 load on my premium (sorry, they removed the 'multi car discount').
I found Admiral's multicar policy much cheaper than any thing else I could find. Last 2 years with them has seen the renewal drop each time which amazes me when I keep reading the stories about rising premiums.
The reason I went to them originally was my old insurer refusing to mirror my NCB onto the Z4 when I bought it.
Currently paying about £530 for a BMW z4 3.0i and an octavia TDI estate. 31 years old with a good NCB.
I like having one set of paperwork/docs to worry about each year too.
Only odd thing was they wanted an extra £100 to add my girlfriend to the policy when I was renewing. She is 32, with a clean license and full no claims. I thought she would have lowered the premium so I told them to poke it.
The reason I went to them originally was my old insurer refusing to mirror my NCB onto the Z4 when I bought it.
Currently paying about £530 for a BMW z4 3.0i and an octavia TDI estate. 31 years old with a good NCB.
I like having one set of paperwork/docs to worry about each year too.
Only odd thing was they wanted an extra £100 to add my girlfriend to the policy when I was renewing. She is 32, with a clean license and full no claims. I thought she would have lowered the premium so I told them to poke it.
Admiral bumped our renewal premium right up this year. Rang them to negotiate but they would only drop £100 and refused to price match.
The upshot was that we went elsewhere...and discovered that although Admiral will allow multiple drivers to accrue their own individual no claims bonus, no other company recognises NCB accrued by named drivers on an Admiral Multicar policy! Not a problem while you're with Admiral but you might have an unpleasant surprise when you leave them, particularly if you've been with them a few years.
Yes, it's in the small print but certainly isn't something they like to shout about.
The upshot was that we went elsewhere...and discovered that although Admiral will allow multiple drivers to accrue their own individual no claims bonus, no other company recognises NCB accrued by named drivers on an Admiral Multicar policy! Not a problem while you're with Admiral but you might have an unpleasant surprise when you leave them, particularly if you've been with them a few years.
Yes, it's in the small print but certainly isn't something they like to shout about.
Risotto said:
Admiral bumped our renewal premium right up this year. Rang them to negotiate but they would only drop £100 and refused to price match.
The upshot was that we went elsewhere...and discovered that although Admiral will allow multiple drivers to accrue their own individual no claims bonus, no other company recognises NCB accrued by named drivers on an Admiral Multicar policy! Not a problem while you're with Admiral but you might have an unpleasant surprise when you leave them, particularly if you've been with them a few years.
Yes, it's in the small print but certainly isn't something they like to shout about.
Err I think you'll find that's the same with all insurers, also it's down to the insurer you're going too whether to accept it or not.The upshot was that we went elsewhere...and discovered that although Admiral will allow multiple drivers to accrue their own individual no claims bonus, no other company recognises NCB accrued by named drivers on an Admiral Multicar policy! Not a problem while you're with Admiral but you might have an unpleasant surprise when you leave them, particularly if you've been with them a few years.
Yes, it's in the small print but certainly isn't something they like to shout about.
It has nothing to do with the previous insurer, in fact an insurer doesn't even have to accept the policyholders NCB.
nixon1 said:
Was with Admiral but 1 call to Adrian Flux reduced the cost by nearly £400 for both cars (Equity Red Star). Maybe sometimes the multicar is better for some. For me it wasn't though 
I insure my track car with ERS and my main car with Admiral. Cheaper than multi-car was ever going to beGassing Station | General Gassing | Top of Page | What's New | My Stuff