5 Reasons to Bundle Home and Auto Insurance for Maximum Savings
Bundling your Homeowner’s and Auto policies is one of the easiest financial decisions you can make. It’s not just about convenience; it’s a smart strategy that guarantees you savings and simplifies your entire insurance life.
As an independent brokerage, The Coicou Brokerage Insurances works with dozens of top carriers, and we can confirm this truth: insurers reward loyalty. By placing both your home and auto policies with the same provider, you gain access to multi-policy discounts that often exceed 20% of your total premium.
Here are the five essential reasons why bundling is your best financial move.
1. Significant Savings: The Multi-Policy Discount
This is the most direct and compelling reason to bundle. Insurance companies offer a percentage discount (often ranging from 5% to 25%) when you purchase two or more policies from them. Because we are independent, we can shop these bundle rates across several carriers to find the combination that gives you the absolute lowest total premium for the quality coverage you need.
2. Simplified Billing and Management
Tired of juggling two different insurance logins, two different bill payment dates, and two different sets of policy numbers? When you bundle, everything is consolidated into one statement, one online portal, and one easy payment date. This dramatically reduces the chance of missing a payment and facing a lapse in coverage.
3. Fewer Gaps in Coverage
When your home and auto are covered by two different companies, there’s a greater chance that one policy might exclude an event the other would cover, leading to potential gaps. Bundling with a single carrier provides a more unified approach to protection, ensuring the coverage limits and liability amounts across both policies are aligned, reducing uncertainty when a claim occurs.
4. Easier Claims Process
In the event of a severe incident, claims often overlap. Imagine a tree falls on your car in your driveway. Who handles the claim—the Home insurer or the Auto insurer? When both policies are with the same company, the entire process is streamlined. You only need to call one number, speak to one claims adjuster, and file one report, saving you significant time and stress during an already difficult situation.
5. Increased Deductible Flexibility
Some carriers offer a benefit where, if an event affects both your home and your car (e.g., a major storm or fire), you may only have to pay one deductible instead of two separate deductibles. This single-deductible benefit can save you thousands of dollars when you need it most, making the claims process financially manageable.
Ready to Maximize Your Savings and Simplify Your Life?
As your independent insurance advocates, we specialize in finding the best bundle that doesn’t just cut costs but also ensures comprehensive protection.
Don’t leave money on the table by managing your policies separately.ccc