Example: Tim and Sara
Tim and Sara share a house together. Tim owns a Vauxhall Corsa that he can insure for £600 a year, and Sara has a Ford Focus that she can insure for £500 a year, bringing their total costs to £1,100. Rather than taking out separate cover, they decide to combine cover under a multi-car insurance policy that offers a 15% discount. This would bring down the total cost of cover for both cars to £935.
* This is a fictional, but realistic, example.