Benefits of Bundling Home and Auto Insurance

If you have a homeowners and auto policy, you may have considered combining them under one insurance company. This approach (often called bundling) can lead to potential cost savings and better coordination of your coverage.

How Bundling Works

Bundling happens when you purchase two or more types of insurance from the same provider, such as home and auto. Many insurers offer a multi-policy discount to encourage customers to combine their coverage, which can make both policies more affordable. The benefits may include the following:

• Potential savings. Multi-policy discounts can lower your total premium compared to buying each policy separately.
• Simplified billing. Fewer due dates and separate statements can make managing payments easier.
• Streamlined service. If you ever need to file a claim involving both your home and car (for example, if a storm damages both), working with one insurer can speed up the process.
• One point of contact. Your agent has a clearer picture of all your coverage, making it easier to recommend updates as your needs change.

Beyond home and auto, some companies allow you to add other policies (such as renters, motorcycle or boat) to your bundle, sometimes increasing the discount.

Learn More

While bundling has advantages, it’s crucial to compare the total cost and coverage details. In rare cases, keeping policies separate may offer better value, especially if one insurer specializes in a specific type of coverage.

Gamecock Insurance Agency can help you determine if bundling your home and auto policies is the right move for your situation. Contact us at our office today to explore your options and get a quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.