How many cars can a person insure in the US?

If you have multiple cars, you are probably analyzing some strategy that allows you to have the coverage required by law with the best conditions and at the best possible price. To do this, know how many cars can a person insure will be of great help. We will soon clarify this and any other concerns you may have about multi-vehicle policies in the United States.

The first thing you should know is that auto insurance policies are closely tied to a residential address and that the number of cars you can add to your policy will depend on each insurance company. Next, we will explain it in detail.

The best insurance for new drivers in the United States

📰 Contents
  1. How many cars can a person insure in the US?
  2. Vehicle policy for multiple cars
  3. How does multi-car insurance work?
  4. Who can I include in a multi-car insurance policy?
  5. What are the requirements for a multi-vehicle policy?
  6. Does the coverage have to be the same on every vehicle?
  7. What coverage applies to each car?
  8. Can I add the cars of other family members to my policy?
  9. Can I insure a car and a motorcycle on the same policy?
  10. Can I have two car insurances?

How many cars can a person insure in the US?

Although there are other reasons why a person should insure more cars, the onset of children's independence is one of the most common. When they reach the right age to start driving, several cars are usually needed at home.

If this is your case, or another similar one, you don't need to worry. Virtually all insurance companies allow you to insure multiple vehicles with a personal policy.

One of the largest and best known companies on the market, Geico is the one that allows you to add more cars (nine), while the rest of the insurers allow you to have at least four cars in one policy. In the table below, you will find the maximum number of cars that you can include in your policy from highest to lowest:

IMPORTANT: If you need to insure 10 or more vehicles, you can do so by taking out a commercial car insurance policy directly or through an agent.

Vehicle policy for multiple cars

This type of policy is the most recommended in case you need to insure more cars at your address. Multi-car insurance is quite popular, as it is usually cheaper than individual policies and also usually includes a discount for each car insured.. Although the discount varies depending on the insurer, in most cases it is possible to save between 10 and 25% on the insurance premium.

Among the major insurers, Geico offers the greatest savings for multi-vehicle insurance. Below you will find the discounts of some of the major insurance companies:

How To Get Car Insurance For The First Time In The United States

How does multi-car insurance work?

In general terms, A multi-car insurance policy works the same way as a single car policy. When filling out the quote form, you will need to provide information about the vehicles you own and who drives them. Some auto insurance companies ask who is the primary driver of each car, which is each driver's primary vehicle, or both. Insurance companies will automatically apply the multiple vehicle insurance discount to your quote when you request it.

Some covers are shared by all drivers on the policy, while others apply to just one vehicle. For example, mandatory liability coverage or liability insurance (in English) will be shared by all vehicles and drivers in the policy. However, full coverage and collision coverage can be set differently for each vehicle. This way, you can take out comprehensive insurance coverage for your new car, without having to pay extra for the coverage of the oldest car your child drives.

Coverage shared between cars Coverage established for each car
Civil liability, both for physical and material damage against all risks
Personal injury coverage (PIP insurance) Collision
Uninsured or underinsured driver roadside assistance plan
rent refund

How does auto insurance work in the United States?

Who can I include in a multi-car insurance policy?

You can share a multi-car insurance policy with anyone you live. This includes the spouse, children, other family members and even roommates. In fact, it's a good idea to include anyone who lives with you and may occasionally drive your car in your policy.. If your roommate has an accident with your car and it's not listed on your policy, you probably won't be able to file a claim with your insurance company to cover the damage.

Cheap auto insurance in the United States

What are the requirements for a multi-vehicle policy?

These policies have a fairly simple requirement, you have to insure two or more passenger vehicles on the same auto insurance policy. It's that simple.

In most cases, the most basic rule is that all cars must face the same direction. From there, the rules of the auto insurance companies can vary.

Some insurers only offer a discount if the insured cars are located at the same address and are insured by related people. Other insurers only require that the cars be stored in the same place and it doesn't matter if the policyholders are related or not., as in the case of roommates who share a house. Some insurers go further and even offer a discount for multiple vehicles to those who live at the same address, even if they have different auto insurance policies.

Remember that there may be a limit to the number of cars you can have with the same policy. Normally, the maximum is four or five.

When you add a car to your policy, you will need to provide your insurance company with the usual information:

  • Make, model and year of the vehicles you intend to add to the policy
  • Vehicle identification number (VIN)
  • Vehicle odometer reading
  • The name, date of birth and driver's license number of the other drivers you want to add to your policy

You can benefit from the mid-term discount on your policy if you include an additional car. In reverse, If you cancel a car halfway through your policy and insure only one vehicle, the discount will no longer apply.

What is the minimum auto insurance in the United States?

Does the coverage have to be the same on every vehicle?

Most insurance companies require you to have the same amount of liability insurance and uninsured motorist coverage on each car. This means that if you have 100/300/50 liability limits on the first car, you will need the same limits on the second vehicle as well.

Since auto insurance companies and state laws generally require that the liability limits on all vehicles on the policy be the same, you won't have much confusion or thought.

In the case of other covers you will have more possibilities of maneuvering. In general, you can have collision and all risk insurance on one car and not on another. The same goes for additional coverage, such as rental refunds or personalized vehicle and equipment coverage.

What coverage applies to each car?

We must start from the fact that what is insured is the car, not the person. This means that if you have different coverage on different cars, the specific coverage for each car is the one that will apply in the event of a road accident..

For example, suppose you have two cars in your policy, one with full coverage insurance (collision and all risks) and the other with civil liability only. If the driver of the first car in the policy (the one with full coverage) drives the second vehicle (the one with civil liability only), and suffers an accident, he would only have civil liability coverage as this is the coverage that corresponds to this vehicle.

This also means that whoever drives the first vehicle (with full coverage) will have collision and full coverage, as well as civil liability, in the event of an accident, since these are coverage that corresponds to this vehicle.

Can I add the cars of other family members to my policy?

To add a vehicle to an existing insurance policy, you or your spouse usually must own the vehicle. If the car belongs to another person, they must take out their own car insurance.

For example, if your adult child resides with you and their vehicle is insured by the same company as your vehicles, some insurers may apply a multiple-vehicle discount to both policies. But this is not in all cases, so we recommend that you call your insurance agent to ask if it is possible.

How to calculate the car insurance deductible?

Can I insure a car and a motorcycle on the same policy?

No, as the motorcycle would need a motorcycle policy and not a car policy. However, there is an advantage to insuring these two vehicles with the same auto insurance company. You can opt for a discount on multiple policies, which could be up to 20%.

You can also get a discount on the home and auto insurance package. When you call to request quotes for a second car insurance it never hurts to ask for a group discount, in case you also insure your home with the same insurer.

In some cases, insurers limit the number of discounts you can apply to your policy. However, Insurance companies usually give you a discount for multiple cars and a discount for grouping home and auto insurance.

Can I have two car insurances?

If what you want is to know if you can have two auto insurance policies for two different vehicles, the answer is yes. In case you wish to keep separate policies for your vehicles, this is usually not a problem.

The answer is yes even if you are considering two insurance policies for the same car, as long as with two insurance companies. Insurers don't normally write two policies for the same vehicle.

While it is true that you are entitled to have two policies on the same vehicle, there is no real benefit and it is a waste of money. Only one insurer will pay, you cannot file a claim with multiple insurance companies for the same accident, so the benefits of having two policies are essentially nil.

If you want to discover other articles similar to How many cars can a person insure in the US?, you can visit the Insurance category.

Nathan Hamilton

Nathan Hamilton

Nathan is a car enthusiast and industry professional with decades of combined experience in the automotive sector. Along with his team of writers and researchers, all passionate about automobiles, he is committed to delivering reliable and relevant content that ranges from detailed insurance guides to maintenance tips and much more.

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