Multicar insurance

Multicar insurance

Find the cheapest multicar insurance quotes

If you've more than one car in your household, then it may be worth getting them insured on one policy – this is known as multicar insurance. However, it's not always the cheapest option, so this guide tells you how to check and compare multicar and single-car policies to ensure you're always getting a cheap deal. 

 

Only insuring one car? Try our main Cheap Car Insurance guide, or Young Drivers' Insurance if aged 17-24.

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What is multicar insurance?

Car insurance, at its minimum, protects other road users if you crash into them, their car or their property. You can also opt to cover your car if it's stolen, set on fire, broken into, or if you're involved in an accident.

Multicar insurance policies do exactly the same job, except that you can insure two or more cars on the same policy.

The main reason for doing this is that it can be cheaper having two (or more) cars on the same policy than having each car on its own individual policy. 

However, it's not clear-cut – sometimes multicar policies will be cheaper, and sometimes separate policies will be cheaper. Our guide takes you through it step by step so you can find the cheapest policies. 

Should I get multicar insurance?

If you have more than one car in your immediate family or household, it's definitely worth checking, and having different renewal dates needn't be a blocker. For some, discounts for adding multiple cars could save £100s, or even £1,000s, but for others it could actually be more expensive. 

What tends to happen is multicar newbies get offered hot deals to suck 'em in, but that advantage can disappear at renewal.

Martin's rule of thumb:

MoneySavingExpert.com founder, Martin Lewis

If you've currently got a multicar policy, check separate quotes for each vehicle first – if you've separate policies, check multicar first.

Sometimes getting multicar insurance works...

I saved £500 by sticking both my and my wife's car on a multicar policy.

MoneySaver Kam, via Facebook

And sometimes it doesn't...

Multicar insurer wanted £1,600 for three cars. We shopped around – total with three separate policies, including my son's car, is £720.

MoneySaver Peter, via email

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How to find cheap multicar insurance quotes

As comparison sites don't offer multicar discounts, you'll need to check the multicar price directly with the insurers below, and then compare those prices with the individual policy costs you get using comparison sites. 

Our simple, four-step guide takes you through it...

Warning! Changing details between quotes could invalidate your insurance: Small tweaks to your mileage or job title are likely to be okay, but no matter how tempted  you are to say someone else is the main driver, or to pretend you have no points, or to underestimate your mileage deliberately to get a cheaper premium – don't. You must be completely honest or it could invalidate your insurance and even lead to prosecution. 

Step 1: Check multicar policies 

This is where all cars are on one policy. If your policies start at the same time, it's easy. If not, we've info just below these links on how it works. Here are the multicar insurers to try...

admiral insurance company logo
  • Admiral* is the most well-known multicar provider and via this link you can get an £85 Amazon or Love2Shop voucher if you insure two or more cars with it. It'll need to be a new quote (not a saved one) and you'll need to buy by 31 Dec. Gift cards take up to 90 days to arrive.
     
admiral insurance company logo
  • Then try Aviva* as it also does multicar insurance quotes.
     
admiral insurance company logo
  • Finally try LV*  – another multicar insurance provider.
     

How does it work if my cars don't have the same insurance renewal dates?

The three insurers above let you set up a policy at your first car's renewal, while the other car(s) stay with their existing insurer, until their renewal.

If you need a multicar quote for several vehicles with different start dates, this is how it could work:

You get cover for your lead car to start in three weeks' time, car two to start in seven months and car three in 10 months. Cars two and three will stay insured with their existing insurer until their current policy ends, at which point they'll move across to the multicar policy, for the remainder of the year. 

When you pay for the additional car(s) and when the discount kicks in differs between the three providers...

TABLE_CELL_STYLE When is discount applied? When do I need to pay for additional car? Need to pay back discount if additional car cancelled? Cars need to be registered at same address?
Admiral At point of quote When you accept quote or when its cover is to start Yes (plus admin fee) No, but must be immediate family
Aviva When cover starts for extra car When its cover is to start No Yes
LV At point of quote When you accept quote or when its cover is to start No, but will get less discount at renewal Yes

Note: While the providers apply the discount at different times, in practice, you'll just see the overall price of the policy for a year at the quote stage – this allows for easier comparison with standalone policies.

Then, once your multicar policy ends, all cars will then be up for renewal at the same time.

How to compare prices

If you want your multicar cover for all your vehicles to start at the same time, it's simple – you'll just be given one total cost. For different start dates, you'll be given a total price to pay, which'll cover all the cars (you just pay for however long each car is insured for), and you'll also be given an 'annual equivalent price', as if all the vehicles were insured for a full year, to help you compare against other providers. 

Step 2: Then check existing policies for discounts

Some other insurers will give a reduction in price for each additional policy you add, while keeping the policies separate. This can be an especially easy route if an insurer already covers one of your cars, so check the price when the second car's up for renewal.

These are the insurers that have confirmed that they offer discounts for a second car: 

Plus, Direct Line* and Churchill offer discounts on your car insurance if you have a policy for another type of insurance with them, for example, another car, or home insurance. 

If you're not already a customer, you can take out two policies in quick succession to get the discount (though only do this if the insurer's policies prove cheap in step 3 below).

Step 3: Check separate policies using comparison sites

Sometimes it will work out cheaper to get individual policies for each car, rather than linking them. As no single comparison site captures the entire market and prices vary, combining a number of sites is the best way to make a saving.

Below is our current order of which sites to try and in what order (see how we pick our order explanation for why), though the difference in pricing is often small, so if any perks really appeal, as long as you're trying a couple, go for those you like most.

Do note that comparison sites use a soft search of your credit file to return quotes, though this has no impact on your ability to get credit in future.

Try comparison sites in this order

Site Official perk info & MSE's analysis
Try as many as you can, in this order...

Confused.com*

Official perk info: ONE out of a... £20 Halfords voucher | £20 Domino's voucher | £20 Lidl Plus coupon | 12 IMO 'triple foam' car washes.

MSE perk analysis: The highest value is the car washes, if you'd use them all, as they can cost £5 each elsewhere so it's worth £60. See our full Confused perk analysis.

  

Compare The Market*

Official perk info: Meerkat Movies and Meals. A year's 2for1 on cinema tickets and meals on selected days of the week.

 

MSE perk analysis: For those who'd use it, and go to the flicks and restaurants, this perk can be worth £100s. However, instead you could grab other perks as you can use our trick to get Meerkat Movies and Meals for £1 for a year.

 

See our full Compare The Market perk analysis.



MoneySupermarket*
Official perk info: Combination of up to £150 of car repair and servicing vouchers, for example, £30 off MOTs, £5 off wheel alignment work.

MSE perk analysis: Likely better for older cars that need more work. We analysed the value of these vouchers compared with getting work done with alternative garages and found they would be worth up to £70/year (though this may vary depending on prices at your local garage). 
See our full MoneySupermarket perk analysis.
Gocompare*
Official perk info: £250 'free' excess cover.

MSE perk analysis: Gives good peace of mind, but few will use the free excess in any given year. We value it at roughly £35 a year as that's a typical cost to buy a similar amount of excess cover. See our full 
Gocompare perk analysis.
Then, to boost chances of finding a cheap quote further, try...
Quotezone* – it's another comparison site, and may have cheaper quotes.
Direct Line* – an insurer, rather than a comparison, but you won't find its quotes on any comparisons, so it's worth trying in case it's cheaper for you.

Struggling to find (affordable) cover?

If you've had a string of claims or accidents, you have a medical condition that affects your driving, or you've four or more points on your licence, you may find it hard to get an affordable quote from a comparison site. Some may find it hard to get cover at all.

If no or few insurers are quoting on the sites above, or premiums are coming back too high, consider enlisting the help of a broker. Search the British Insurance Brokers' Association website to find someone who can help.

Step 4: Check hot deals not on comparison sites

Here we list special deals you won't find on comparison sites. We're not saying they win every time, but they're worth checking. Factor in the voucher as a discount, and see if that price beats your best multicar or comparison site quote.

Top deals comparisons miss

Insurer Deal information

Admiral*

£60 Amazon or Love2Shop voucher. Admiral car insurance newbies getting a new quote and buying a policy via our link by 31 Dec will receive an email around 90 days after the purchase date. This will have instructions to choose and activate your voucher. 

Admiral MultiCover*
£90 Amazon, Love2Shop or M&S voucher. Admiral home and car insurance newbies getting a new quote and buying a MultiCover policy – insuring your buildings, contents and car(s) – via our link by 31 Dec will receive an email around 90 days after the purchase date. This will have instructions to choose and activate your voucher. 

Standalone insurance policies looking like the best deal...?

If getting standalone policies for each car proved to be your cheapest route, check our full Step-by-step Car Insurance guide to see if you can drive the cost down further.

MSE weekly email

Want to know about new multicar insurance deals?

We regularly put new offers in the free weekly MSE Money Tips email, so sign up now and join millions of others in saving money.

How to complain about your insurance provider

The insurance industry, and this includes car insurers, doesn't always have the best customer-service reputation, and while a provider may be good for some, it can be hell for others. Common problems include claims not being paid out on time or at all, unfair charges for changing address, driver or car, or exclusions being hidden in small print. It's always worth trying to call your provider first, but, if not, then…

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