Bundling your insurance policies is nothing new. It is a proven, cost-effective way to lower your insurance costs. Insurance carriers often encourage their customers to bundle their home, boat, auto, and motorcycle policies. There are several reasons that bundling is more efficient than dealing with multiple policies at one time. Many of them are common sense, while others allow various processes to go much more smoothly.
What Are the Benefits of Bundling Insurance?
Bundling has many benefits that you can rely on to lower your premiums. Other benefits include:
- One policy, one payment – Bundling your policies, roll all of your monthly premiums into one. All of the payments for each policy will be conveniently rolled into one. All you have to do is make one payment, and all of your policies will be taken care of.
- Less confusing – All of your policies in one place means all of your information is in one place as well. When you have to file a claim, your agent only has to find one file to have all of your information at their disposal.
- Lowers administrative costs – With all of your policies in one place, it takes fewer man-hours to file a claim and review your policies. Administrative costs can increase the cost of your policy. Combing them into one minimizes the amount of time it takes to maintain your policies.
The benefits you will receive will be determined by your individual needs and what policies you are bundling together. Believe it or not, some policies work better when they are bundled with similar policies from the same carrier. Your agent can match them up for you.
Is Bundling a Good Option for You?
Bundling your insurance policies will help you build a positive relationship with your insurance agent. Your insurance agent can review your current policies and then create a preview of what policies can effectively be bundled to provide you with the best coverage. Once your agent knows your needs, they will be able to help you find the right package to provide you with the right discounts.
When Should You Bundle your Insurance?
You can bundle your policies whenever you want. The sooner you put your policies together, however, the sooner you will be able to save money. The shopping process may also go much smoother if your agent knows that you are interested in bundling the majority of your policies. Once your agent knows your intentions, they can figure out which policies will work best with one another.
How Much Can You Save?
Bundling does more than just save you money. It puts together policies that complement one another. The Progressive home and auto bundle is just one way our agents can make your insurance much more affordable. Progressive offers quality policies at competitive rates that can easily be bundled to provide you with even more savings. The amount of money you save will depend on what type of policies you bundle and their coverage amount.
Get the Best Insurance Policy Here at 01 Insurance!
Bundling home and auto insurance policies are efficient ways to improve the efficiency of your policies and lower your cost at the same time. Contact our agents here at 01 Insurance today to learn more about bundling and how a progressive bundle will help you keep your insurance budget under control. Our Agents will also work with you so that you will have the coverage you need when you need it.