Bundling your car and home insurance with one company is a great idea! You may be wondering why, when the two things are so different. Well, there are many benefits to bundling these policies together. For example, if you have a claim on one of your policies, it will help protect the other policy from any additional claims that could arise. This means that you can save money in the long run as well as get better protection for both of your assets. Read more about this below!
What is Bundling Insurance
Bundling insurance is when you have two or more types of policies with the same company. For example, bundling your auto and homeowners’ insurance together will give both your assets better protection from damage to one and/or the other. This can be done through either a single-line policy which protects all of them at once or by adding an endorsement onto their existing policies that includes coverage for each type separately. With this method, if there is a claim on one policy (auto), it won’t affect any claims on another related policy (home) which would not include coverage for that event.
Why you Should Bundle your Car and Home Insurance
What are the benefits of bundling your insurance policies together? It offers you a better rate. Bundling car and home insurance can get you a discount on both of them, or even just one if they are already at a low price. One less bill to pay per month! The simplicity for when something happens – it’s easier to manage everything from one account than having two separate ones that need more time and effort into figuring out what happened as well as who should be repaid first.
A person with bundled auto/home insurance will not go without help because their policy doesn’t cover all instances like flood damage, but another would in this instance. This is important for those living near bodies of water such as oceans or rivers which experience flooding during the rainy season.
Why not bundle your insurance today?
-It’s easier to manage all this information in one place! You will have a single point of contact for any claims, and it might even save you some money on both policies. Some providers may charge less if they know that you’re getting several services from them already. Plus, bundling car and home insurances together offers an opportunity to get discounts or better rates than what is offered separately. It also makes sense because when something happens at either location, like someone slipping on ice outside their house or suffering damages due to flooding inside the office building parking lot, then each policy becomes more accessible about paying out settlements for those who are covered by these two things.
Pros of Bundled Car and Home Insurance
-A single point of contact for any claims
-It might save you money on both policies
-Some providers may charge less if they know that you’re getting several services from them already. Plus, bundling car and home insurances together offers an opportunity to get discounts or better rates than what is offered separately. It also makes sense because when something happens at either location, like someone slipping on ice outside their house or suffering damages due to flooding inside the office building parking lot then each policy becomes more accessible about paying out settlements for those who are covered by these two things.
Cons of Bundled Car and Home Insurance
There really aren’t any cons of bundled car and home insurance that I’ve seen so far but it’s always good to explore all options thoroughly before making a final decision about this type of insurance.
Finally
If you are wondering about bundling your car and home insurance, don’t worry! Our quoting hours are Monday through Friday from 8:30 AM to 5:00 PM. You can also request a quote online and we will take care of the rest while you save money on your premiums with our We Handle All the Work policy!
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.
