Between health, home, and auto insurance, policies can be a lot to manage. Many agencies welcome customers to bundle their plans, a move that offers a lot of benefits on top of convenience. If you’re shopping for coverage and have questions, here are the answers to the most common ones.

A Beginner’s Guide to Bundling Insurance Policies

What is bundling?

Many people purchase insurance plans through different providers. They may use a health insurance plan through work, an auto insurance plan through a nationwide provider, and a homeowners insurance plan through a local carrier. When you purchase multiple plans through a single provider, this is called a bundle since your agent will oversee all the various types of coverage. 

What coverages can be bundled?

You’re able to bundle any plan that the provider offers. Many people start with their homeowners and auto insurance policies. You may want to include your RV, boat, and motorcycle insurance as well. Some agencies may allow you to bundle your personal and business insurance.

What are the benefits?

Bundling makes it easy to manage all your policies. Instead of receiving bills each month from multiple carriers, you’ll get one convenient invoice. Additionally, many agencies offer lower rates for bundling because you’re giving them more business.

Being able to make one phone call to discuss your policies, such as in the event of a life change, is a valuable time-saver, and your agent will have a broader view of your coverage needs. If a storm strikes and damages your home, car, and business across town, you’ll only have to file a claim through one provider rather than going through three claims agents.

What factors should I consider?

Bringing the agent the right information will ensure the best deal and the most accurate coverage. Submit documents proving the estimated value of your home, commercial building, car, or boat. Include details about when the property was built and what materials were used.

When it comes to auto coverage, they’ll need to consider accident reports and your driving history as well. Sometimes companies start with higher rates if you have a lot of traffic violations. Offer information about your mortgage and auto loans, and suggest a credit check to show how well you manage debt. Agents use all of this information to determine the right rates and coverage for the relevant policies.

If you want to explore bundling further, contact Wilson Insurance Agency of Dalton, GA. This agency has served the area since 1969 and offers a variety of plans. Learn about boat, renters, business, and auto insurance on their website. Call (706) 278-0549 to speak with an agent about your coverage needs and request a quote.