The Benefits of Combining Your Car and Home Insurance
There are many benefits to combining insurance, sometimes called bundling. But what does bundling mean? Bundling insurance is purchasing more than one policy from the same company. Instead of insuring your home and cars with two or three separate providers, everything is covered by the same company in a home and auto insurance bundle.
Can you bundle any kind of insurance? Generally, home and auto insurance are combined, but if you have a boat, for example, the insurance company might include it in the bundle. Companies could also bundle commercial property and commercial auto insurance with cyber liability insurance, if offered by the service provider.
Many insurance companies give discounts when you bundle with them, and this might be a primary consideration for you. Insurance is a long-term investment, and you should consider the premium costs, but also educate yourself about the details of the coverage and the service the insurance company offers. We discuss the benefits of combining your car and home insurance in more detail.
You Want More Savings
Everybody wants more savings on a car and home insurance bundle, and companies usually offer cheaper rates when you have multiple policies with them. These rates depend on several factors, including where you live, the value of your home and vehicles, driving habits, personal health, credit record and more. But don’t assume the service provider you are considering offers discounts, do ask.
Insurance providers also give discounts, with more savings for you, to retain customers. Continually underwriting new customers is expensive for companies, so they are happy to provide better rates for clients with multiple policies kept with them over the long term. Ask for a bundling discount every year from your long-term service provider.
Use a comparative service such as the one offered by Zippo Insurance, to carry out a home and auto insurance bundle comparison with various insurance companies. Compare the individual policy premium values to the bundling value and choose what is best for you now and in the coming years.
You Want To Make Things Simple
Combining insurance helps keep things simple. When you use one service provider for your car and home insurance, you can study their policies in detail and reduce delays on future claims. It is also an opportunity to build relationships with people working at the insurance company, improving communication. Then, when you need assistance, you will feel more comfortable contacting the company about your claim. And you will feel free to ask for advice on other policy-related matters.
Today, most insurance companies have an app that serves as a source of information and through which a lot of engagement takes place. Why would you want multiple apps on your mobile or laptop, when you can just use one for all your insurance-related business?
You File A Lot of Claims
Bundle insurance makes it easier when you file a lot of claims. Although filing many claims is not ideal, accidents happen, and sometimes, through circumstances, you suddenly find yourself with multiple insurance claims to manage. Severe storms might damage your house, and a tree falls onto the garage with your car inside, damaging the vehicle. Combining insurance will make the claim process simpler.
Unfortunately, insurance premiums often increase when clients claim a lot, whether the incidents happened through their own actions or that of others. Find out which claims cause more concern at your insurance company, resulting in automatic rate increases. It might be something as seemingly simple as mould in your home or water damage.
Zippo Insurance is an online service provider with an easy-to-use website. We source insurance quotes for you from reputable brokers across Ontario in under ten minutes. Do you have insurance policies with various service providers? Is managing them making you feel overwhelmed? Consider combining insurance. Connect with Zippo Insurance today.