Wondering if bundling policies is right for you? Here are a few of the benefits that can come from bundling your home and auto insurance.
Home and auto insurance companies often offer solid discounts for bundling multiple policies. In fact, some insurers might be able to provide a single deductible for both policies. This could potentially help save money in the long run should accidents occur to the assets you’re hoping to insure. Individuals who bundle with SelectQuote save, on average, more than $500.***
With one carrier serving as a one-stop-shop for home and auto insurance, bundling can potentially save you time in addition to money. Bundling makes managing home and auto policies easier, reduces the paperwork, as well as the inconvenience of communicating with multiple insurance companies for multiple policies. You’ll have the convenience of asking questions and raising concerns all in one place.
Variety of Bundles
Insurance companies offer more complex bundles to encourage the combining of multiple policies beyond home and auto insurance. Not only will it be easier to obtain more coverage from that carrier, it might be possible to insure your car, home, rental property, boat and RV all under one policy. Having all that coverage in one place can cut down on the paperwork and you may only have to pay a single deductible for all of it.
Importance of Shopping Around for Home and Auto Insurance
It’s crucial to evaluate the individual policies before deciding on bundling for your insurance coverage. A carrier might have a strong reputation for one type of insurance but may not be the same level for another. You’ll want to compare the features and deductibles in addition to the premiums, as sometimes discounts on one can distract you from high costs on another.
The easiest and fastest way to find the right home and auto insurance policy bundle is to work with SelectQuote. Whether you’re new to buying insurance or shopping around, in just minutes we can help you compare coverage and rates from some of the most trusted insurance companies in the nation. We can help you figure out where you could save the most money while also receiving adequate coverage.
***Bundled customer savings are based on SelectQuote Auto & Home Insurance policyholders between 10/22/2018 and 10/22/2019. “Bundled” is classified as a customer with one auto and one home policy. Individual savings may vary, and are not guaranteed. Coverages and discounts subject to state availability and individual eligibility.