Multi-vehicle discount Insure more than one car with GEICO and you can get up to 25% off most of your car insurance coverage. Yes, Geico offers mechanical breakdown insurance for cars that are less than 15 months old and less than 15,000 miles old. The Geico multi-car discount of up to 25% on the premium for each car is automatically applied when a customer insures two or more vehicles with the same Geico policy. For example, you can combine home and car coverage to get the multi-line discount and insure two cars to get the multi-car discount.
Direct sales of insurance to the consumer eliminate the cost of middlemen and allow Geico to have far fewer local offices and agents than companies like State Farm and Allstate. To learn more about whether Geico MBI is worth it, check out WalletHub's comprehensive guide to insurance against mechanical breakdowns. To cancel a Geico insurance policy, the policyholder must call Geico to speak directly with a customer service agent. The Geico multi-line (or multi-policy) discount is for customers who combine auto insurance with another type of policy, such as insurance coverage for renters, homeowners, condominiums or mobile homes.
The multi-vehicle discount makes the policy less expensive than it would be if you insured both cars individually. Geico mechanical breakdown insurance (MBI) is an add-on to the policy that insures a vehicle against mechanical problems, such as transmission or engine faults, that are not covered by standard car insurance. Every insurance company determines its rates differently, so even though Geico is among the cheapest car insurance companies, the best way to ensure you're getting the cheapest rate is to compare quotes from several insurers. GEICO also offers additional coverages, such as emergency road service, rent reimbursement and mechanical breakdown insurance.
GEICO is an insurance company that has been serving American drivers since 1936 and is currently one of the largest coverage providers in the country. The auto shop showed that the parts will take a week and that they will be repaired 1 week, but GEICO covered the rent for only one week, although the policy covers the rent for up to 1 month.