Get Cheap Bundled Home & Auto Insurance Quotes

What is insurance bundling? 

Bundling services and products is a tool that allows the consumer to purchase the services they need from one provider. In this case, consumers who need multiple forms of insurance for their cars, homes, rental apartments, condos and more, can use one provider for all of it, who will usually offer a discount for bundling all products together – which can range from 5% to 15% (as opposed to purchasing each individually at full price). This is like paying for cable, mobile phone service and internet from one provider at a discount.

Many providers package their insurance bundles in different combinations.

For example, home and auto insurance bundles are common as it is likely homeowners also own cars. Insurance companies want to attract and retain customers, and consumers want to save on the high prices of insuring their homes and autos individually.

Similar bundles exist for condo and auto insurance. Many downtown condo dwellers might not have as many cars as homeowners, but they still need to get around and bundling the two gives condo owners a cheaper rate as well.

Another bundle that insurance companies offer is for tenant insurance and auto insurance. Again, this allows tenants to get the cheapest insurance possible for their dwelling and auto needs.

Benefits of bundling insurance:

• It’s a money saver. You’ll save anywhere from 5% to 15% by using multiple insurance services from one provider.
• It’s a time save. Dealing with one provider and getting a quote from one company will save the hassle of research and shopping around.
• Makes claims easier. Having all your auto, home, condo or tenant insurance under one roof can make it easier by dealing with one company should claims be necessary.
• It builds a relationship with your provider. This allows you to get your questions answered and work with your provider when you need their assistance.

What do you need to know before bundling your home and auto insurance?

• Decide on coverage type and amount: Saving money on insurance can be done by tailoring your coverage. You don't want to overpay or get the wrong insurance (or underinsure yourself). Once you’re clear on the different policy types, figure out if it makes financial sense to add additional coverage. In general, you’ll pay less for less protection.
• Shop the competitors: Comparison shopping forn bundled insurance services is the single most effective way to lower your insurance costs. Using our free online tool, you can discover premiums from more than 50 of the most-trusted carriers across the country in less than three minutes. When you indicate that you’d like to your home and auto insurance policies, the free home insurance and auto insurance quotes you receive will reflect a discount of up to 15%.
• Revisit your coverage annually: Consider changing your policy every time it’s up for renewal when there will be no penalty associated with a switch. Your insurance needs may have changed depending on your life situation and how or if things have changed in your world.