The Benefits of Bundling Homeowners Insurance with Auto Insurance

At some point in time, most people at least consider bundling their home and auto insurance policies. But is doing this actually worth it?

Bundling insurance policies isn’t necessary, but depending on your own personal circumstances it may provide you with some advantages. Most insurance providers offer bundling discounts, but this is only one of the reasons that so many people in the nation opt to bundle their insurance policies.

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Here are some of the biggest benefits that bundling provides insurance customers:

• Only one insurance provider. Having to deal with only one insurance provider can make things a lot easier. You only have one renewal date to remember and only one place to send bill payments. There is a chance that you will still have to write separate checks for each policy depending on your carrier, but it will all be to the same agency.
• Avoid coverage gaps. Most people bundle auto, life and home insurance policies, but most carriers also have special policies just for auto and homeowners insurance. Because of the way that these carriers set up their bundled plans, you can avoid gaps in coverage that would otherwise exist.
• Additional discounts. Certain carriers offer discounts through bundling that you couldn’t find by having policies through multiple providers. With most carriers, the more policies that you add to your bundle, the more savings you can benefit from.
• Reduced premiums. Many insurance companies offer reduced premiums when you bundle your insurance packages through their agency. In fact, some even offer lower deductibles if you bundle with them. You should still be sure to shop around to find out what your most affordable options are, both bundled and unbundled, but these reduced premiums and deductibles are worth at least looking into.

So is it worth it for you to bundle your insurance plans with one provider? Again, that depends on you. Contact us today for advice about what to do with your own personal insurance plans and to find out whether bundling is advisable in your financial circumstances. We are pleased to be of assistance.