How to Bundle Homeowners Insurance and Auto Insurance

One of the easiest ways to save money and make your life more convenient in the process is to bundle your insurance policies. As you may have guessed, bundling your homeowners insurance and auto insurance is simply getting both policies from one insurance company. What sparks most peoples interest is the amount you may save on your monthly premium. The convince of not having multiple insurance companies to pay every month can have it’s advantages as well.

What is an insurance bundle

Insurance bundling is simply buying more than 1 insurance policy from one insurance company. This is commonly known as bundling. For example you have an auto insurance policy through XYZ Insurance Company and a homeowners insurance policy also through XYZ Insurance Company. This would be considered a bundle. 

Often a bundle will save you money, but not on every occasion. You can count on having the convince of two policies with one company and only having to pay one company every month. 

Some may have heard of an insurance bundle by what it’s formally known as a multi-policy discount or multiple line discount. Please keep in mind, your insurance company would more than likely prefer you bundle your policies and that’s why they are willing to offer discounts when it comes to bundling. We’ve come across discounts ranging from 5 to 20% when bundling multiple policies. The savings can be fairly large. 

It’s usually a good idea to shop your insurance policy when it comes time to renew. Looking into a bundle at that time may be wise. You may be able to save in more ways than one. If you’re in California and want to look into bundling your policies or want to shop your current policy for a better deal, please give us a call. We have amazing agents that are experts when it comes to bundling your auto and home insurance! Call us today at 916 313 6100.

Although the savings can be great, there are other advantages to bundling your insurance policy. When it comes to tracking your policies or making your insurance payment, you’ll only have to go to one app or website to do so. 

Now comes the tricky part. Finding an insurance company that can bundle your policies. I always recommend speaking to a professional. Instead of doing your own research or finding the time to learn more about bundles, just call a professional that does this everyday. Our top suggestion is Eugene C Yates Insurance Agency. Awesome friendly agents and a company you can trust. If you want to speak to an agent now, please call 916 313 6100.

Will bundling my policies always save me money

There is always a very good chance you will save money by bundling your insurance policies. Please keep in mind every insurance company is different and has different ways to calculate insurance rates. On top of that, every state is different and every person that needs insurance will have a different situation. If your change in policies comes with a move to a different state or changing insurance companies the results will vary in terms of savings. 

If you’re staying with the same insurance company and nothing has changed with your personal situation (claim history, etc) you should see the savings quite clearly when you bundle your policies. 

I think it is safe to say, if you’re bundling your homeowners insurance with any other policy like RV, boat, auto or life insurance you should see a significant difference. There are some insurance companies that will offer you additional ways to save money. They may offer reduced or consolidated deductibles. For example your home and boat may have gotten damaged by a storm and in response the insurance company may only charge you for the deductible on your home and waive the watercraft deductible. 

Please keep in mind if you’re browsing the internet and see amazing deals, more than likely that is the perfect scenario. As mentioned above everyones situation is different so everyone will have an individual insurance score, much like a credit score it can help determine what your insurance premium ends up being. In addition, your location could change, the amount of coverage needed and a lot of other factors. 

What are the advantages of bundling my homeowners insurance

Bundling your insurance policies can save you a significant amount on your annual or monthly insurance premiums. When you bundle your homeowners insurance with your boat, auto, life or other policy you can potentially save a considerable amount on your insurance. The more insurance policies you throw into the bundle, the more you stand to save. 

Some of us may get frustrated going from one app to another to make any changes or payments. If you decided to bundle 4 different policies into one company, think of the convince of paying your bill? Who doesn’t want to make life a little easier and save money in the process? 

If you’re interested in learning more about bundles or want to speak to an agent about putting one together today, please give us a call. We can be reached at 916 313 6100