Second car insurance: what should you pay attention to?

When insuring a 2nd car, you can take advantage of the so-called second car scheme. This means that when you take out a 2nd car insurance policy, you do not first have to build up claim-free years again for a discount. Claim-free years entitle you to a discount of up to 85% on the basic premium. Insurers have different arrangements for 2nd car insurance.

Insure 2nd car

The most beneficial method for a 2nd car is to copy the discount on the first car. That is, if you get a 65% discount on the existing car insurance policy that you also get a 65% discount on the second car. Another method is to copy the discount from your first car insurance policy up to a certain discount amount. The last option of the second car scheme is to get a fixed percentage discount for your second car.

When you insure your second car and the first car's discount is carried over, the policies are not linked. This means that in case of damage to one of the two cars, it will not affect the other car insurance. When terminating the 2nd car insurance, you will be entitled to the accumulated claim-free years in this policy. Because of the discount it seems as if many claim-free years have been built up in the policy. However, this is the extra discount you get in connection with the claim-free driving in your first car. This often causes confusion when terminating the second car insurance policy.