While it’s obvious that you need to have home insurance and car insurance, what isn’t so obvious is the fact that you can actually bundle your policies together. But what is bundling?
It’s basically buying your home and car insurance policies from the same company. If you search for “home and car insurance bundle” on Google, you will see that there are many insurers out there that offer home and car insurance bundle packages.
No matter which company you choose, there are many benefits to bundling different policies.
Savings – You can save hundreds of dollars in premiums with a multi-policy discount, which seems to be the standard among insurance companies. We checked one and saw that you can save as much as $800 in premium payments. Of course, it’s highly likely other companies are offering more savings. Just go get a quote and see.
Convenience – Managing your policies is easy if they are all with the same company. Most insurers have an online platform where you can easily manage your account.
Savings and convenience are two of the biggest reasons why you should get a bundled package. But what if you already have an existing car or home insurance policy? Check with your insurer if they offer a multi-policy discount.
Otherwise, you could cancel your current policy or policies and find an insurer that offers discounts when you get more than one product from them.(more…)