How do I get a multi-policy discount for car insurance? This question is about Car Insurance Discounts

How do I get a multi-policy discount for car insurance?

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This question is about Car Insurance Discounts

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@WalletHub • 09/15/21 This answer was first published on 09/17/20 and it was last updated on 09/15/21.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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You can get a multi-policy discount for car insurance by having more than one policy with the same insurance company. All of the 10 largest insurance companies offer a multi-policy discount, and qualifications are typically the same between insurers. Exact discount amounts may vary by company and state, however. For example, State Farm's multi-policy discount can help you save up to 17% on your premium.

Insurers That Offer a Multi-Policy Discount

To learn more, check out WalletHub’s guide to car insurance discounts.

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How much is the Allstate multi-policy discount?

The Allstate multi-policy discount is up to 25%. Customers can qualify for the Allstate multi-policy discount by purchasing auto insurance as well as a homeowners, or renters, condo insurance policy from Allstate. The company usually applies the multi-policy discount automatically, but policyholders can always call customer service to ask if the discount has been added to their account.

Besides the multi-policy discount, Allstate offers several other ways for customers to save. For instance, policyholders can...

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How much is the State Farm multi-policy discount?

The State Farm multi-policy discount is up to 17%. Customers can qualify for the State Farm multi-policy discount by purchasing insurance for a vehicle as well as a homeowners, renters, condo, or life insurance policy from State Farm. The company usually applies the multi-policy discount automatically, but policyholders can always call customer service to ask if the discount has been added to their account.

Besides the multi-policy discount, State Farm offers several other ways for...

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How much is the Geico multi-policy discount?

Customers automatically get Geico’s multi-policy discount when they bundle Geico auto insurance with a homeowners, renters, condo, or mobile home policy from Geico. The exact discount amount depends on your location and policy details. You can get a quote online or call 800-207-7847 for more information.

Is Geico’s multiple policy discount different from the multi-car discount?

Geico’s multi-policy discount and multi-car discount are two different savings opportunities. The multi-car discount is for insuring more than one...

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