Most people require multiple types of insurance to protect against significant financial loss. When browsing the marketplace, consumers often choose a different provider for each kind of policy they need. By doing this, however, they’re missing out on the advantages of bundling their coverage with one carrier, including special perks unique to combining home and auto insurance. Here are some of the top benefits of buying these policies from the same company.

3 Reasons to Consider Bundling Your Home & Auto Insurance Policies 

1. Reduced Premiums 

Insurance companies are typically willing to offer consumers a generous discount for purchasing more than one policy from them. In the long run, it costs them much less to retain the business of good customers than to bring in new ones. In some circumstances, a multi-product discount amounts to hundreds of dollars in annual savings. 

2. Provider Familiarity

When your policies are bundled, you’ll have an agent to rely on if you have questions or concerns about your policies. They’ll get to know you and your insurance needs, so they’ll be able to identify gaps in your coverage and ensure you’re adequately protected. Additionally, you’ll become familiar with their processes for paying your premiums, renewing your policies, and filing a claim, so you won’t have to navigate the complex procedures of multiple insurance companies. 

3. Combined Deductible 

Some carriers also create additional savings by allowing consumers to combine their home and auto insurance deductibles. Normally, each policy has its own deductible – meaning that if disaster strikes and damage occurs to both your home and car, you’ll pay out of pocket on the deductible for both. If your policies are bundled, though, most insurers will only require you to pay one of the deductibles.

If you have home and auto insurance under two or more separate companies, there’s no better time to see how you might benefit from bundling. The professionals at Mazzola Insurance will review your current policies to see if it makes sense for your situation to combine them. As an independent insurance agency, they’ve helped numerous Rochester, NY residents find the best deals on quality products from their network of reputable providers. Call (585) 266-7130 to request a quote, or visit them online to find out why they’re the go-to source for financial protection.