Whether you’re buying a box of donuts or a set of jerseys for your softball team, you’d expect a discount for buying in bulk, wouldn’t you? Well, the same principle applies to insurance policies.
Purchasing your home, auto, life and other insurance policies from a single provider is called “insurance bundling,” and it can make a big difference in your insurance premiums. If you’re not already bundling home and auto insurance and enjoying this discount, follow these three easy steps to see how much you can save.
1. Evaluate your current insurance costs
The total you’re spending now will be the basis for comparing options for bundling home and auto insurance.
2. Contact your insurance providers (and anyone else you’d like to include in your evaluation)
Most insurance companies are glad to provide free quotes. Ask for an estimate based on bundling your insurance policies in one account and give each company the same information to ensure comparable quotes.
3. Compare apples to apples
When the quotes come in, make sure the policies reflect what you requested, and are as similar to each other as possible. Remember, differences in coverage will affect the pricing for bundling home and auto insurance.
For more information, contact our affiliate, American Home Insurance Agency, Inc., at 888.325.8108 or visit AmericanHomeInsurance.com.
We hope these tips on bundling home and auto insurance have been useful!
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