It’s the new year! Which means like many of us, you might be trying to find new ways to save money – but did you know that one of the easiest ways you can save money is by simply bundling your home & auto insurance policies with one company?
What are the benefits of bundling my home and auto insurance policy?
Often referred to as a multiline discount, bundling your home and auto insurance together comes with benefits that can include:
A multiline discount can save you up to 25% depending on the insurance company and your location.
Simplified policy management
Bundling your policies together makes managing your policy that much easier. At Jones Insurance, we’ve also introduced an effective policy management app that allows our clients to manage their bundled policies from home. Learn more about the Jones Client App here.
How do I decide whether or not to bundle my insurance?
Jones Insurance offers multi line discounts on a number of policies with varying discounts. When deciding if you should be bundling your home and auto insurance, it’s a good idea to compare quotes for separate policies from two different insurers as well as bundled policies from the same insurer. This is one of the ways we can help you make sure you are getting the highest value out of your policy.
If we find separate policies where the combined total is cheaper than the bundled rate with one insurer, you may want to go with the cheaper option.
Sometimes it is more beneficial if we place clients with two different carriers if the coverages are stronger with a particular market. Cost is not the only factor.
If the premiums are about the same – it still may be worth considering the slightly more expensive bundled insurance option as there are other benefits that can come with bundling your insurance beyond the savings on your premiums such as simplified policy management and overall policy security.
Speak to one of our personal lines insurance brokers
If you’re looking to save money, bundling your home & auto policies together is one of the first things you should look into. To ensure you are getting the most out of your policy, contact an expert at Jones Insurance today at 807-343-9444.