Car insurance multi-policy discounts

If you hold more than one insurance policy with the same provider, you may be eligible for a discount.

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Peta Taylor

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When you hold multiple insurance policies with one insurer, sometimes they will discount one of the products as the result of this. For example, if you have car insurance, home insurance and pet insurance with the one provider - they may discount one of those bills.

Below, we've collated a list of providers with these multi-policy discounts.

FundMulti-policy discount
APIACombine two or more eligible policies to get 10% off each.
Bupa15% off for Bupa Ultimate Health Insurance members; 10% off for other Bupa Health Insurance members.
GIOCombine 3 or more eligible policies with GIO to get 10% off.
NRMAVarious discounts depending on the number of policies you hold with NRMA.
RAAHold 3 or more eligible policies with RAA (excluding Travel Insurance) for a 10% discount on each policy.
RACQCombine three or more eligible policies to earn up to 5% off.
RACT10% premium discount may apply if you combine comprehensive car insurance with home and contents insurance.
ShannonsPolicyholders may get a discount of up to 10% for their home and contents insurance.
SuncorpIf you hold three eligible Suncorp policies, a discount of 15% on each may apply. For more information about discounts you may be eligible for, visit Suncorp.

Last updated December 2025

What can I group together?

The most typical multi-policy discount offered is for car insurance paired with home insurance. As home insurance costs more than car insurance, you benefit from the saving you make on a more expensive premium and the insurer benefits from selling you a more expensive product.

Other multi-policy discounts typically offered with car insurance include vehicle-related policies such as caravan insurance, trailer, motorcycle insurance and boat insurance. Discounts are also often available for multiple cars which are garaged at the same address.

And because these are all insurance products you would probably have to purchase anyway, being able to group them together in this way means you benefit from cheaper overall cover.

How do I get a multi-policy discount?

The easiest way to get a multi-policy discount is to approach your existing insurer, or if they do not offer such discounts, to shop around and switch to an insurer that does.

Look for one that offers discounts for all the types of insurance you need and is offering a higher discount than its competitors. But make sure you are getting the same level of cover before you switch by comparing the product disclosure statements of your current and new policies.

Is it always better value?

How much you save with multi-policy discounts will depend on your insurer and on the types of policies you bundle together.

As a general rule, you will save more with a discount on a more costly product such as home insurance than you will with the same discount on a cheaper policy such as trailer insurance. Many insurers also offer larger discounts on more expensive products to encourage you to buy (i.e. 15% on home insurance compared with 10% on trailer insurance).

But as with all insurance purchases, it pays to shop around because if one insurer charges more for the same product than another, then any multi-policy discount they offer will only bring the cost down to the same price as its competitor. So look for value for money first and then factor in your multi-policy discount.

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Publisher of Insurance

Peta Taylor is a publisher at Finder, working across all of insurance. She's been analysing product disclosure statements and publishing articles for over 2 years. Peta is passionate about demystifying complex insurance products to help users make well educated decisions with confidence. Peta is part of Finder's insurance awards team and works alongside editorial and insights experts to bring users the best insurance products every year. See full bio

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