When you go to buy auto insurance in Dallas, TX, you will, of course, want to shop around for the best coverage you can get at the lowest rate. You will also want to speak with various insurance carriers about the discounts and benefits they provide if you choose to insure more than one vehicle through them at the same time. Here at Thompson Insurance Services, we do all we can to make shopping for auto insurance as easy as possible. We would like to share with you the benefits you may be able to obtain by getting insurance on both of your cars through the same insurance provider. 

You can Possibly get a Discount

Many insurance providers will provide you with some type of multi-car discount if you insure one or more vehicles with them at the same time. Sometimes, this discount can be as much as 10 to 15 percent. The exact amount of the discount will be determined by the carrier you choose to get insurance through. 

You can Afford Better Coverage

When you get a discount for insuring more than one vehicle through the same company, this then gives you the ability to afford more coverage at a lower price than what you would pay if you insured only one vehicle. Say you wanted full coverage on two vehicles, but separately the policies were too expensive. When you bundle them under the same carrier, you may receive a 15% discount, which then makes it possible for you to keep full coverage on them. 

To learn more about the importance of getting insurance on both of your cars through the same insurance provider, please contact Thompson Insurance Services serving the Dallas, TX area.

It may seem like a completely normal thing for your friend to borrow your car if they’re in a jam. But a seemingly simple request can become far more complicated if they’re involved in an accident when they’re driving. Thompson Insurance Services wants you to know a few more facts about this exact scenario for the next time someone asks you for a favor.

Insurance from the Surface

If you named your friend on your auto insurance policy specifically, then they are entitled to all the benefits you enjoy. They can use your car whenever they want, and they’re covered in the event of a collision. In this scenario, the insurance company will have to run your friend’s driving records to put them on the policy, which may or may not increase the cost of your rates. If the designated second driver on the policy has an accident, the policyholder may also be subjected to higher insurance rates. However, if you haven’t named your friend on your policy, then the answer is more complicated. 

How Coverage Works 

It’s the owner of the car that’s typically held responsible for the accident, so everyone in Dallas, TX should be careful about who they let use their vehicle. If your friend is insured by a different insurance company, then that company may or may not take partial or full responsibility for the damages. Unless there is a special clause regarding this exact scenario, insurance companies will typically work it out on a case-by-case basis. 

If you have any additional questions about how auto insurance works on an everyday level, give Thompson Insurance Services a call. We’re here to make it easier for residents of Dallas, TX to get the right coverage!