Many insurance companies offer a discount when you carry both your home and auto policies with them. It's one of the most common ways people try to save, but it doesn't always work out cheaper.
What bundling gets you
- A multi-policy discount. The size varies by company, and it may apply to one policy or both.
- Simpler paperwork. One company, often one renewal date, and one place to call.
- A single look at your liability. When both policies are reviewed together, it's easier to line up your liability limits and see whether an umbrella policy makes sense.
When separate policies can be better
A discount only helps if the starting price is competitive. Sometimes one company has a great home policy and a less competitive auto rate, or the other way around. In that case, two policies from two companies can cost less overall than a bundle.
Coverage matters too. A cheaper bundle that leaves out something you need, like water backup or higher liability limits, isn't a better deal.
How to find out
Because Ernest is an independent broker, he can compare a bundled option against separate policies from different companies and show you both. Have your current policies and renewal dates handy, and start a Home quote request or call 971-717-0800.
General information only. Coverage is subject to the terms, conditions and exclusions of the actual policy, and not every option is available from every company. Read the full disclosures.