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Non-Married Multi-Car Auto Insurance Discounts

You don’t have to be married to take advantage of a multi-car discount with a car insurance company.

One of the best ways to save money in car insurance is to insure multiple cars with one company. Two cars with one company often costs less than if they had their own individual policies. Up until now, I had always thought that doing so required the owners of the two cars to be related in some way, such as through marriage, but that’s not the case.

Two of my friends, who are dating, had been living together in a rowhome and recently bought a house together a few blocks away. They recently changed insurance companies when they were researching homeowners insurance. One of them had a GEICO auto insurance policy and when he called to cancel, GEICO wanted a shot at keeping his business. He told him his situation and GEICO offered the multi-car discount despite them not being married but couldn’t offer a break on the homeowners (its through Travelers and they don’t offer a discount), so they went with Erie Insurance anyway. It appears that you didn’t have to be married to take advantage of the multi-car discount, though I suspect sharing an address may be necessary.

Does anyone else have experience with this?


On an unrelated note, the 156th Carnival of Personal Finance [3] is available at PT Money and my post on Best Gasoline Cashback Credit Cards [4] was included.