How to Bundle Home and Auto Insurance

If you own a car and a home they both need to be insured, but this can be costly if you have them insured by two separate carriers. One of the best ways to save a percentage on your premiums is to bundle your auto and home on the same policy. It also makes it easier for you to keep track on such important matters when you have one policy with both car and home listed together.

1. 
   

   Check
   with your current automobile or home insurance carrier to see if
   either offers both home and auto. If both have this option, get
   quotes from both and then decide which option works best for you. Make sure you compare deductibles on both, one might
   offer a lower premium but they also could be offering higher
   deductibles.

   
   


2. 
   

   Ask
   the insurance company if they have any other discounts if you
   bundled even more of your insurance needs, such as your life or boat
   insurance. Often the more you can bundle with the same insurance
   carrier, the more money you can save overall.

   
   


3. 
   

   Compare
   other insurance companies that you currently do not have a policy
   with. Sometimes changing carriers entirely and bundling your auto
   and home on the same policy will save you even more. Shop
   around because it has become a very popular option to combine
   policies, and insurance companies want your business, so they offer 10% or more off current premiums. This can turn out to be
   a huge savings over the course of a few years.

   
   


4. 
   

   Do
   not hesitate to explain to your current carrier that Company A
   offered you a lower premium for the same coverage. If your current
   insurer wants your business, and they do, they will often find a way
   to match the competitors discounted rate to keep you as a customer.

   
   


5. 
   

   Sign
   your new contract after you have compared all the rates and decided
   on the best policy for you. The nice aspect about bundling your home
   and auto insurance is it can save money right from the start.

   
   


6. 
   

   Review
   your policies on an annual basis to make sure you are still getting
   the best rates; most insurers are not going to offer new discounts unless you bring it to their attention.