Every home owner needs home insurance, and every driver needs auto insurance. Together these two types of coverage can be significantly discounted if you buy them from the same insurance company. Simply bundling your two policies together in this way can save money. But how do you find the best combined home and auto insurance quotes?
Start by talking to the agents at Texas Insurance Services in Frisco. As independent agents, they work for you, not for the insurance company. They are devoted to helping you to find the coverage you need. Since the agents at Texas Insurance Services have access to quotes from many different companies, they can do all the comparison shopping and find you the best price for the best coverage. Not only can they save you money now, but they can requote your policies at every renewal to make sure you are always getting the best deal.
Buying two or more insurance policies from one company is termed “bundling” and is an excellent way to get the coverage you need at an affordable price.
Many people shop for home and auto insurance separately, not realizing they can get both types of coverage from one company. Since you most likely do not buy a home and a car at the same time, it’s easy to overlook the fact that one company can provide both types of coverage at a discount.
If you have a home policy and are buying a car, you can ask for auto quotes from your current insurance company or agent. Likewise, if you have a car and are buying a home, you might want to ask whether your current insurance provider will give you a discount on your homeowners insurance by combining policies under one company. Discounts on bundled policies typically range from of 10 to 25 percent.
Keep in mind that there are important considerations when bundling policies. A few words of caution:
- Be sure to take into account the insurer’s reputation for customer service and handling claims.
- When comparing multiple quotes, make sure you are looking at the same amount of coverage for each plan you are considering. For example, if one plan looks more affordable, but leaves a gap in coverage that will mean you are not covered for a claim, then it’s not a better deal.
- Be sure to review your deductibles for each of the policies in the bundled plan. While you can save money on your premium by increasing your deductible amount, you may not be happy with the amount you need to pay out of pocket before coverage kicks in at the time of a claim.
You can go over all of these concerns and more with a one of the agents at Texas Insurance Services in Frisco. Unlike a “captive” agent who only represents one insurance company, these agents are independent and can quote the cost of coverage on home, auto, and other policies from several different insurance companies. You not only will save money by bundling, but you can find the insurance company that offers the most affordable bundled policies.