If you are shifting from a one-car household to having a second car (or more), work with your agent at Wine Valley Insurance Services in Napa, CA, with the following considerations in mind about how to insure more than one vehicle.
Use of the Vehicle
How you use the vehicle may impact your auto insurance. For example, using it for a daily commute may increase the mileage limits. Moreover, if you carry passengers as a carpool, you may need to have commercial auto insurance. Ask your agent.
Where Your Car is Parked
If getting a second car means that one of your cars needs to be parked outside or on the street, this changes the risk profile and may impact your insurance. Ask your agent to help decide where to park each car that is advantageous.
Deductible
Maintaining a higher deductible can help manage auto insurance rates. However, if you add another vehicle, you need to consider the risk of having to pay more than one higher deductible out-of-pocket. You may want to adjust your deductible levels and not have such high deductibles to pay.
Teen Age Driver
Teenage drivers statistically get into more accidents than any other age group. If you are getting another car that your teenager will drive, you may want to consider letting the teenager only drive the vehicle that has lower value. You may want to carry umbrella insurance for extra liability protection. Your agent can discuss these issues with you and help you decide.
Extend Your Existing Policy or Get a New One?
One final consideration, which you can discuss with your agent, is the choice between adding another vehicle to your existing auto insurance policy or getting a new policy for the second car.
Consult with your agent at Wine Valley Insurance Services in Napa, CA, for all your auto insurance needs.
