Yes! Bundling your home and auto insurance (often called a multi-policy discount) is a smart way to save money and simplify coverage. Here’s what you need to know:
Benefits of Bundling
Lower premiums (typically 5–25% off compared to separate policies).
Single deductible options in some cases (e.g., storm damage affecting both home and car).
One bill & renewal date (easier management).
Better loyalty perks (some insurers reward long-term bundlers).
When Does Bundling Make Sense?
You own a home and car(s) (renters can sometimes bundle too).
Your insurer offers strong discounts (compare savings vs. separate providers).
You prefer convenience over hunting for individual deals.
Potential Drawbacks
Not always the cheapest (sometimes separate insurers offer better rates).
Limited flexibility (you’re locked into one company for both policies).
Coverage gaps if one policy (e.g., home) is weaker than competitors’.
How to Get the Best Bundle Deal
Compare quotes (get bundled vs. separate prices from at least 3 insurers).
Ask about extra discounts (good driver, security systems, claims-free history).