Want more convenience and fewer expenses? One solution is to bundle your insurance policies. Chances are, you require several types of coverage to keep yourself, your family, and your assets protected. Instead of purchasing your auto insurance from one provider, and the rest of your coverage from a different carrier, there are several benefits to buying multiple policies from the same company. 

Streamline Communication & Billing  

When your policies are bundled, you only need to correspond with one insurance company. You can work with the same representative any time you you want guidance filing a claim or have questions about your coverage. You’ll also receive one bill for your combined policies, which eliminates the hassle of trying to remember different due dates. In some cases, you can align renewal dates to be effective at the same time, so you won’t have to worry about missing a renewal deadline and experiencing a gap in coverage. 

Save Money on Your Insurance Premiums

Many insurance companies give clients lower premiums if they buy more than one policy at a time. This can amount to significant savings depending on the provider and the type of coverage. Home and auto insurance are frequently bundled together, and you might also be able to stack life insurance and coverage for recreational vehicles.

In addition to lower premiums, insurance companies can allow members to combine their deductibles if they hold multiple policies. For example, if you have bundled home and auto insurance and a storm damages your house and car, you might be able to add those expenses toward a single deductible. Using a single deductible will help you reach the out-of-pocket limit sooner, which means you can file a higher claim with the insurance company—and ultimately save money on the repairs.

To determine if bundling insurance policies is the right choice for you, take the time to compare rates and coverage plans. The professionals at Wilmoth Insurance Agency make this easy by doing all the legwork for you. Since 1939, they have provided the residents of Cookeville, TN, with high-quality products at affordable prices. In addition to making sure you don’t have any gaps in coverage, they will also work to maximize your discounts. Call (931) 526-6181 to request a quote on bundling any combination of life, home, and auto insurance. You can also visit their website to learn more about their services.