Anyone will tell you one of the easiest ways to save money on insurance is to bundle your policies. Usually after you search around and do countless hours of research, you'll bundle policies with the company that offers you the best price and coverage. With all of the money you save, it would seem that everyone would be bundling their policies. Surprisingly, only 58% of Americans choose to bundle their insurance policies (National Auto Insurance Policy). This method of bundling is not just for auto and home- you can bundle plenty of other policies including renter's, boat and motorcycle! More people are starting to realize that this route is the right direction to take.
Although the price seems like enough reason to bundle, there are plenty of other benefits that come with joining your policies...
- Managing your policies: Whether you manage your policies on an app, website or in the offices of the providing company, you now have the convenience of only having one destination. By bundling policies, you save toggling through different websites and user names to access your insurance.
- One Agent/Company: At times, dealing with insurance companies and agents is overwhelming. Save yourself the stress - when you bundle, you'll eliminate multiple companies and usually have a set agent handling your policies for you. This single agent process allows for more personal coverage, as they will be there to answer all of your questions.
- Combined Billing Statements: Paying your separate insurance bills can be a lot to handle. With different statements due at different times, people may forget when each is due and then find themselves behind on payments. This can easily spiral out of control. However, bundling allows for combined statements - this ensures there are no surprises when your payments are due.
- Identifying Gaps in your Coverage: With bundling, everything you need is together. You and your specialized agent will be able to review your policy and see where coverage can change and be better suited for you. If you have various companies and agents for different policies, identifying these gaps becomes much more difficult.
Save yourself the time and money and bundle today!