Whether you are buying a new home, or you are considering switching home and auto insurance providers in order to save money, you may be wondering if it is worth it to bundle your home and auto insurance. While you have likely seen a lot of advertisements touting the benefits of multi-policy discounts, you may find yourself wondering if this is all hype. However, if you do not currently bundle your home/renters and auto insurance, here is a look at just a few of the benefits you stand to gain by doing so.
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Save Money
Of course, the most commonly advertised benefit of bundling insurance policies is the cost savings associated with doing so. Many home and auto insurance providers will offer substantial discounts on premiums to members who have multiple policies with them. While the discount will depend on a variety of factors and will vary by provider, you can see a discount of between 5%-15% on your annual premium by bundling your insurance policies.
It’s Convenient
Bundling your home and auto insurance can also be extremely convenient as it allows you to handle all of your insurance needs with one company. You will not have to keep track of multiple company policies, and you can deal with one person to discuss all of your insurance needs. This can help to save you time and reduce the amount of paperwork you have to deal with, as everything will come from one company.
There are a Variety of Bundling Options Available
While home and auto insurance bundles are the multi-policy discounts most frequently advertised, many insurance providers offer a variety of bundles that can help to save you additional time and money. Depending on your needs, you could also choose to bundle a rental property, a boat, a car, a house, and/or an RV all under one policy. This makes ensuring your property much easier than ever before as all of your policies can be centralized in one location.
Finally
If you would to like to discuss your options to bundle your insurance coverage please call us at 561-732-9305 our quoting hours are Monday through Friday from 8:30 AM to 5:30 PM. In addition, you can request a quote online. Please remember, We Handle All the Work, While You Save!
Robert Macoviak is the President of Oyer, Macoviak and Associates. Oyer, Macoviak and Associates is the oldest independent insurance agency in Boynton Beach and has been in business since 1953. Oyer, Macoviak and Associates are vested members of the community who are committed to doing business face-to-face and being your insurance advocate in times of need.