Should You Bundle Your Home and Auto Insurance?
Bundling your auto and home insurance could be a great way to generate significant insurance savings on both policies and make your insurance coverage more convenient to handle with a single insurer. Potential benefits of bundling home and auto insurance include attractive discounts that typically offer substantial savings on your home and auto policies.
Pros of Bundling
Car insurance discounts for bundling can provide significant insurance savings on your home and auto policies. Bundling your policies can also simplify your insurance management by having a single point of contact and billing. Additionally, working with one insurer may streamline the claims process and provide a better overall customer experience.
Cons of Bundling
However, just because bundling can be cheaper, doesn’t mean it will always save you money. Getting a home and auto insurance bundle is only worth it if it meets your specific insurance coverage needs, your insurance company is reputable, and bundling provides you with a cheaper policy overall. Certain situations, such as classic car insurance or coverage for high-risk drivers, can also limit your bundling options. Additionally, if you prefer to work with a local agent instead of a call center, that could restrict your bundling opportunities.
How to Find the Right Home and Auto Insurance Bundle
When looking for any insurance product, you should consider how much you’ll be able to pay should you have an accident in your home or vehicle. Figure out how much risk you’re willing and able to take and decide on the levels of coverage that suit you for home and auto insurance.
Evaluate Coverage Needs
Research costs and compare multiple home and auto insurance companies to ensure you’re armed with plenty of information before you make a decision. Look for companies with good reputations, a large coverage selection and plenty of attainable discounts.
Compare Quotes and Discounts
Evaluating factors like financial strength ratings, customer service and claims handling, and digital tools and mobile apps can also help you choose the right home and auto insurance company.
Consider Customer Satisfaction
Taking the time to research and compare options will help you find the most suitable home and auto insurance bundle for your needs and budget.
How to Save Money When Bundling Auto and home and auto insurance
Through our research of
home and auto insurance bundling discounts
, we found the average savings is around $650 per year nationally. However, this can vary widely depending on the company, your driver profile and the coverage you select.
