Example: Ted’s classic car collection
Ted had been collecting cars for 20 years before deciding to consolidate them all under a single insurance policy. Ted got collision coverage for each car while on the road, with comprehensive coverage for cars in the garage and full liability coverage for all his vehicles.
He got a discount for insuring all the cars under 1 policy and a discount for lay up periods. He could choose his own preferred mechanic, a classic car specialist, for each vehicle and used his car club membership for another discount on top of it all.
* This is a fictional, but realistic, example.