All the major insurers offer bundling, or multi-policy, discounts. To take advantage of such savings, you simply have to buy more than one policy from the same provider. Here are the answers to some of the most frequently asked questions about bundling insurance policies so you can maximize your lowered premiums. 

Insurance Bundling FAQ

What kinds of policies can you bundle?

The precise policies you’ll be able to bundle will depend on the provider you purchase them from. Generally speaking, though, consumers can bundle home, auto, and life insurance. It may also be possible to include motorcycle, RV, health, renters, and/or farm insurance in your multi-policy discount. 

How much can you save by bundling?

Your savings will depend on a variety of factors, including the types of policies you purchase and the extent of coverage they include. Typically, bundling more expensive policies will result in more significant discounts. You could save as much as 20%, for example, by purchasing all your coverage from a single provider. 

Does bundling always yield the most savings?

While it can certainly save you a considerable amount of money, it may not necessarily be the most affordable way to obtain all the coverage you need. Sometimes, purchasing each policy individually from different providers yields the most savings, so it’s wise to shop around even if you’ve been a loyal customer to one particular company for years. 

What if my auto insurer doesn't offer homeowners insurance too?

If you've been with the same auto insurer for a while and you recently purchased a home, it’s only natural to want to pair your new homeowners insurance policy with your existing auto coverage. Thankfully, it may be possible to do so even if your current provider doesn't cover homes. Some insurers coordinate with one another and offer discounts to policyholders who purchase products from both of them. 

For all your insurance needs, turn to Seeman Holtz in Boca Raton, FL. Serving clients nationwide, this agency has a broad range of products for clients to choose from, including home, auto, life, commercial, and umbrella coverage. They also provide financial planning and risk management for individuals and businesses. To request a quote for one or more policies, reach out online or call (844) 255-6639.