You can insure your vehicles for like coverages with different insurance companies. This may not save you money. Insurance companies often grant a 'multi-car' discount to policies that have more than one vehicle on them. This multi-car discount may apply only to the coverages that apply to both vehicles. Also, many insurance companies rate the highest risk driver with the highest risk vehicle. If you create two policies, not only are you denying the multi-car discount, but you may also create a situation where the highest risk driver is rated against both vehicles (instead of being rated against just one vehicle).

If you want to compare your auto-insurance rates for both of your vehicles, click here.