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What is a multi-car policy?

My insurance agent keeps referencing a multi car-policy. What does that mean? How does it relate to my car insurance?

avatar
Emily Maracle · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“A multi-car policy means that you have more than one vehicle insured on a single policy. Most carriers allow you to insure multiple vehicles (typically up to four or five) on one policy and give you a discount for doing so.
Multi-car policies provide the convenience of coverage for several cars under one policy with a single monthly payment. Most
car insurance companies
also allow you to customize coverage for each vehicle. This means you don’t have to carry the exact same coverage on every vehicle.
For example, if you have one car that requires
comprehensive insurance
and
collision insurance
and another that only requires liability insurance, you can do so at your discretion.”
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