Friday, June 1, 2007

MULTI-POLICY DISCOUNT

This discount is automatically applied to all lines of coverage on an Exchange auto insurance policy when the named insured (or resident spouse) also has an existing Exchange homeowners, condominium owners, renters or watercraft insurance policy. You can save up to the following on your auto policy:

  • Up to 7% with a qualifying homeowners policy; or
  • up to 2.5% with a qualifying condo policy; or
  • up to 5.5% with a qualifying renters policy; or
  • up to 2% with a qualifying watercraft policy. (Exchange watercraft policies include boats 26 feet, 5 inches or less in length and Jet Skis/Sea-Doos.)

If you have an Exchange watercraft policy and an Exchange homeowners, condo owners or renters policy, you'll receive both discounts on your auto premium. Plus, with an Exchange auto policy you can save up to 20% on your qualifying homeowners, condo or renters policy with the Multi-Policy Discount. The discount will be discontinued if the qualifying auto, homeowners or watercraft policy is cancelled or not renewed.

2 comments:

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Neetu said...

If that is true then I will try to make out policy from my existing carrier from whom I have already purchased few. My agent didn't told me about this information that I will get a discount if I make another policy from existing company. After knowing I will ask him again and will have discount for sure.
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