Auto Insurance Discounts: How Bundling With Home Insurance Can Save You Money

Insurance is a vital protection for daily life. Without it, you’d need to pay for costly damage-causing events yourself, making it a necessity for most people.

However, despite its importance, some individuals may consider reducing their insurance coverage to save money. This can increase risk and lead to more significant costs if a claim happens. So it’s wise to consider alternative cost-cutting strategies, such as bundling.

What Is Bundling?

Bundling insurance means that your various coverages are insured by one company instead of multiple. For instance, instead of purchasing auto insurance through one company and home insurance from another, you’d get both from the same place.

What’s the Value?

Having one insurance company for all your coverage can help streamline your claims process by creating a single point of contact. Bundling can also save you money. Many insurers offer discounts for bundling different lines of coverage.

If you have home or renters insurance, consider bundling your auto insurance with the same company. Working with one insurer may even qualify you for additional discounts over time, such as a loyalty discount.

How Do I Start?

To start bundling your home and auto coverage, first evaluate the insurance companies with which you currently have policies to decide where you want to bundle. Consider what you value most from the insurers, including communication, customer service and overall cost. You may even wish to move your coverage to a completely different company.

Contact GD Tax & Insurance once you’ve made your decision or if you wish to discuss available options. We can help walk you through the steps and get you bundled coverage at an affordable rate.

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.