subject: Two Car Insurance Policies [print this page] The economic development has brought a rapid change in the life style of the people. Earlier one car would suffice the need of a family but as time is progressing there is a growing need for having more than two cars which can satisfy the needs in a better way. But it is a well known fact that buying more than one cars is not the end, there has to be insurance for both the cars.
The insurance companies have realized the scope and so they have started offering to the people policies of having two cars insured in one policy. The benefit of having two cars under one policy is that the companies offer huge discounts on the policies. The perception is that there is hardly any chance that the two cars will meet an accident at the same time, so even if there is an accident it will be just one.
The two car insurance policy also saves the customers from unnecessary work of filling up forms of the various companies if policies are under different companies. In most of the cases there are no administration costs and no surcharges for the multiple car insurance policies but every insurer should go through the terms and conditions of such policies to see ifs and buts of such policies and how the policy works. It is advisable that before signing up for such policy, you should go through all the terms and conditions carefully and be free to ask the agent to clarify any doubt regarding the policies
Two car insurance policies provide for one policy for all the cars in a particular household under one name. Different companies offer different policies when it comes to more than one car insurance policy and there are differences. In some policies there is a need to mention the names of the driver driving the different cars and in others takes the details of the policy holder only. This has a chance to make the price of the policy and it is advisable to study these differences in advance to avoid the complexities
Two Car Insurance Policies
By: Alok Kumar
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