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Can I have multiple cars on separate insurance carriers?
A friend of mine has 3 cars for her family, however wanted to see if she could get insurance on each of the cars by different carriers. Two of the cars are in PA and one is in NJ.
Public Comments
- Yes. My dad did that before.
- this person should get them all under one policy, if the insurance company is a national company, she will get a break for multi-vehicle rates, no matter the states
- Yes you can have each car on it's own separate insurance. However most insurance companies offer a multi-car discount so you'd save money by placing them all with one insurance company. However if your friend wants to each car can be on a different insurance company. It is illegal however to have the same car on multiple insurance policies. (ie, if you get into an accident with a vehicle and file a claim with 3 different insurance companies for the same car because the car was on 3 policies) This would be considered fraud.
- It all depends on the regulations in your state. In mine, it all depends on how the vehicle is titled. In order to insure all 3 vehicles, they each have to be titled in your name. We can not put vehicles in the same household on different policies. If the vehicle in the other state is used by a child who is not a student, then it needs to be insured in that state. If the vehicle is titled in the parent and the child's names, then the child would have to get the policy and add the parent as an additional insured so if there is an accident and the other party sues the owners of the vehicle, the parent is covered for liability. If the child is a student, then they can keep the car on the parent's policy and let the company know where it is garaged. Hope this helps.
- Just about all states are different. My wife and I have our work vehicles on a company policy, our private vehicles on a seperate policy and our custom/antique vehicles on a seperate collector's vehicle policy. This is done because of insurance requirements and use of these vehicles.
