How Bundling Coverage Can Saves You Money
Bundling your auto and home insurance is one of the easiest ways to save money while simplifying your insurance management. While looking for coverage, bundling offers benefits like discounted rates, convenience, and flexible policy management.
What Is Insurance Bundling?
Insurance bundling means combining multiple insurance policies with the same provider, such as auto and home, renters, or condo insurance. When you bundle these policies, you typically receive a discount that lowers your overall premium, which can amount to hundreds of dollars in savings each year. For instance, Liberty Mutual advertises an average of over $950 in annual savings for customers who bundle their auto and home insurance.
Why Bundle?
There are three primary reasons to bundle your auto and home insurance:
Save Money: Providers like State Farm, Liberty Mutual, and Allstate offer significant savings when you bundle. You can often save up to 25% or more on your premiums.
Convenience: Managing multiple policies can be easier when they’re bundled. You’ll have one point of contact for questions, claims, and payments, and many companies offer apps to help manage your policies in one place.
Flexible Policy Management: Many insurers make it easy to customize your coverage and update policies as needed.
Types of Bundles Available
If you're a homeowner, you can bundle your home and auto insurance. Renters and condo owners can also take advantage of bundles that combine their respective policies with auto insurance. Providers like Allstate and State Farm extend bundle offers beyond just auto and home, including options like multi-car discounts or coverage for motorcycles, boats, or life insurance.
OBVI - Independent Insurance Agencies
When you bundle your policies with our independent insurance agency, you get personalized service tailored to your needs. As a local agency, we specialize in personal lines of insurance, ensuring you get the best coverage for your auto, home, condo, or renters insurance at competitive rates. Plus, we work with multiple providers, so you can shop around and find the best bundle deal.
FAQs
How much can I save by bundling my auto and home insurance?
You could save hundreds of dollars per year. Some say it can be over $950 per year for new customers.
What types of insurance can I bundle?
You can bundle auto insurance with home, renters, or condo insurance. Some providers also offer bundling for life, motorcycle, or boat insurance. Contact your local independent agency for better offers and greater deals!
Is bundling available through independent insurance agencies?
Yes! Contact your independent insurance agency and agents can help you bundle policies from multiple providers to ensure you get the best rates.
Is it more convenient to manage bundled insurance policies?
Absolutely. Bundling allows you to manage multiple policies through one company, often with an online account or mobile app to handle claims, billing, and coverage updates.
Get Started Today
Contact our independent insurance agency to get a personalized quote. Whether you're looking to bundle your auto and home, renters, or condo insurance, we’ll help you find the best options to save money and simplify your life. Click here to explore all different types of coverages.
Reference:
Bundle home & Auto insurance | Quote Online | Allstate. (n.d.). Allstate. https://www.allstate.com/insurance-bundling
Combine Home and Auto Insurance to Save Money. (n.d.). State Farm. https://www.statefarm.com/insurance/multiline
I
nsurance bundle home and auto | Liberty Mutual. (n.d.). https://www.libertymutual.com/bundling