How To Add A Car To Your Auto Insurance Policy
Adding another car to your auto insurance policy is relatively easy. In some instances combining car insurance coverage can save you money and lower your insurance premiums.
Why Add Another Car to Your Auto Insurance Policy
There are several reasons why you might want to add another car to your car insurance policy. Life changes (e.g., getting married) are a key reason that you would want to add another car or truck to your policy.
Other reasons include:
- A teenage child who gets a driver’s license and a new car to go with it.
- You purchase another car or truck.
- You leased a vehicle you drive temporarily and it needs coverage.
- You now jointly own a vehicle that needs to be added to your policy.
Plus, when you add another vehicle to your policy, your provider might lower your auto insurance premium. Many insurance companies offer discounts for covering more than one vehicle on a policy.
How to Add Vehicles to Your Insurance Policy
Contact your auto insurance provider about adding another car or truck to your policy. Give the agent your name and your car insurance policy number. Also be prepared to give your insurance agent the name, date of birth, and driver’s license numbers of other drivers you want to add to your policy.
If you are merely adding another car to your policy, contact your auto insurance agent and give them the following information:
- Make, model, and year of the new car or truck.
- Vehicle identification number (VIN).
- Odometer reading on the auto.
In addition to giving your auto insurance agent details on the auto you want to add to your policy and details on any drivers who will operate the motor vehicle, also let the agent know the type of coverage you want on the vehicle.
For example, you will want to let your auto insurance agent know how much of the following coverage types you want on the motor vehicle:
- Bodily injury liability.
- Property damage liability.
- Personal injury protection (if you live in a no-fault auto insurance state).
Additional Ways to Lower Your Insurance Premium
Other steps that you can take to lower your insurance premium include:
- Taking a driver’s education course.
- Purchasing your homeowners or renters, life, and auto insurance policies with the same provider.
- Installing security devices (e.g. auto theft locks, alarm) in your car or truck.
Remember to get enough liability insurance coverage to meet your state’s minimum liability levels. Most states post their minimum auto insurance levels that drivers must keep on their vehicles at their websites.