Combining home and auto insurance is a well-known method of battling the rising cost of insurance premiums. Depending on who you ask and what resource is quoted, estimates of savings can range upwards of 15 to 30 percent. But it’s not just monetary savings that’s causing many to start bundling their home and auto insurance policies together.
Additional perks ranging from accident forgiveness to discounts for automatic bank withdrawal of premiums are also causing cost conscious customers to make the move. However, it’s the idea of a centralized control—and the vastly improved customer service that results from that centralization—that’s making the biggest difference.
Insurance customers these days are demanding better service from their providers, and the idea of being able to have a single point of contact for all of their insurance needs has become a major selling point for those who previously had to deal with two separate entities for their auto and home insurance needs.
Meanwhile, as the uncertain economy is driving everyone to creative lengths to pinch pennies, the continuous advice of experts and high profile consumer advocates is having a significant impact in the number consumers combining home and auto insurance. As always, experts recommend that insurance shoppers interested in saving as much money as possible compare insurance quotes on a yearly basis—and even more are strongly urging consumers to make the switch if it’ll save them a few dollars a month, even if it means having to end long term relationships with insurance providers.
Does an Alarm System Help Lower My Homeowners Insurance Rates?
Homeowners insurance is often necessary. If you own a home, having proper insurance helps to protect you against all of the risks that can occur, such as fire, theft, or flooding, in some cases. Po...
Read More →
Tips on Staying Sane During the Insurance Claim Process
Combining home and auto insurance is a great way to save money, and it can also save you a bit of sanity— especially when it comes time to pay the monthly bill. But all of that peace of mind ...
Read More →
Does Having a Trampoline or Pool Increase My Home Insurance Cost?
Before you put in a swimming pool or purchase a trampoline for your children, consider the additional cost to your home insurance rates. Coverage for a house that already has a pool is much higher ...
Read More →