Bundle Home and Auto Insurance

We’ve already touched on the main benefits of bundling home and auto insurance: It’s more affordable and convenient. 

Sometimes, however, bundling gives you neither cost nor convenience. As mentioned, there’s the issue of providers bundling you with an affiliate provider, which will still give you the discount, but not the convenience. You will have to file claims with different companies and often, will have to pay different bills.

The good news is you can tell your provider you do not want to be bundled with an affiliate. 

Then, there’s the fact that just because you’re bundling policies does not mean you’re getting a good price. You still need to shop around and see if you’re getting the best price for your specific needs. Believe it or not, in some cases—like when an insurer doesn’t specialize in the sort of insurance you need (e.g. high-end vehicle insurance)—bundling may actually cost you more. 

This said, generally speaking, the pros of bundling home and auto insurance outweigh the cons. 

Here are a few more perks of bundling:

• Providers are less likely to cancel your insurance. If you have multiple active policies with them. This is especially helpful for owners of high-risk properties. 
  
• Save on out-of-pocket expenses. Bundled plans often mean you only have to pay a single deductible on covered losses to multiple policies.