You could find cheaper car and home insurance in one package thanks to our new MultiCover Insurance. But is it right for you?
We're all busy, so the last thing we want to do is spend our time arranging insurance. The older we get the more policies we have to keep track of – and that’s why we've introduced MultiCover.
It's a great way to save time arranging car and home insurance, by bringing it all into one product, freeing you up to do something more enjoyable.
What is MultiCover Insurance?
We were one of the first UK companies to offer MultiCar Insurance – a policy which lets you put more than one car onto the same policy and earn a MultiCar discount. MultiCover does the same thing with your car and home insurance. You get all the features of a home and car insurance policy, but all rolled into one.
Why choose MultiCover?
It’s more straightforward – instead of juggling several policies, you’ll have just the one, with a single renewal date. You get a guaranteed MultiCover discount and the bonus is it saves you time.
Alistair Hargreaves, Head of Service at Admiral, explained: “No one likes spending time buying insurance, especially when they have multiple policies to buy.
“Many people now have more than one car, and with home insurance to consider too, that can mean a lot of time spent talking to your insurance company throughout the year. MultiCover is great because you can arrange cover for all your cars and homes in one go, and you get a discount too.”
Think about all the time and effort you spend arranging insurance policies; all the forms you fill in, the passwords to remember and the renewal dates to keep track of. Wouldn’t it be great if you could just deal with it all in one go?
Setting up a MultiCover policy is a two-stage process. For example, you might start with car insurance before moving on to home insurance. Because we use much of the same information for both policies, you don’t have to fill out nearly as many forms. The whole process takes about 15 minutes.
What happens to my old policy?
If you’ve switched from a MultiCar insurance to MultiCover you won’t have to cancel your old policy – we’ll do it for you. If you’re making the move from another company, however, you should make sure you don’t end up with dual insurance.
Will one policy impact the other?
Let’s say you have a combined home and car insurance policy. What happens if you claim on the home insurance – will it affect your No Claims Bonus? The answer’s no: each policy is treated as an individual and won’t affect any other policy holders or named drivers.
Will my cover be the same?
Before you make the change, check your new policy will have all the benefits you’re used to. Our MultiCover policies include all the great features you get with any other Admiral Home or Car Insurance policy.
How long does the cover run for?
A brand new MultiCover policy runs for 12 months.
The renewal dates of my existing car and home insurance policies are different – does that matter?
Whether it's your home or car which needs insurance first, it doesn't matter. With MultiCover we give you an annual price for the one that needs to start first.
For example, if your car is due for renewal now but your home isn't due for several months, your car comes on cover straight away and your home joins when it's due. The home insurance will then run until the renewal date of the car leaving you with just one easy renewal date to remember.
Will all drivers build up a No Claims Bonus?
As with our MultiCar insurance, each driver will build up their own No Claims Bonus. This is ideal if you have a son or daughter who is a named driver on your car insurance as they can build up their own bonus to use on their own policy.
Will I lose my No Claims Bonus on my car if I claim on my home insurance?
No. If you make a claim on your home insurance, it won’t impact your car insurance.
How many cars and homes can I insure?
If you apply online you can insure one home and up to seven vehicles, but it's possible to add more cars and more properties – just contact us directly and we’ll help you out.
Do all cars need to be registered at the same address?
No – immediate family members can have cars registered at different addresses. They’ll still be covered and will also build up their own No Claims Bonus.
I rent my house, can this still work for me?
Because you're renting, you won't need to take out buildings insurance – but you could still benefit from a MultiCover discount if you take out contents insurance.
Insuring your car and home under one policy
The process of buying a MultiCover policy is the same as any other policy. You should first work out how much cover you need for your situation. How many drivers do you want on the policy? How will the car be used? Would you like breakdown cover?
For home insurance, you should decide how much cover you need by estimating how much it would cost to replace all the items in your home. Look at the various policies and decide what additional features you need. For example, if you live in a high flood-risk area, you’ll need flood protection. Additional boiler cover can also be valuable if your boiler packs up at the wrong time.
When the time comes to buy, you can get a quote quickly online or over the phone. In both instances, make sure you have the following information handy:
- Your car and home renewal dates
- The registration and/or make and model of each car
- The name of each driver
- Each driver’s date of birth
- Details of any insurance claims
- Details of any driving convictions
If you’re not sure how much your home’s contents is worth, work it out with our handy contents calculator.