Benefits of Bundling Insurance in Clarksville, TN and Fort Campbell, KY
Insurance is protection. This vital coverage safeguards all the things you’ve worked hard to earn—your home, auto, perhaps, even a boat or motorcycle—not to mention your family’s finances. Insurance is your best defense if something unfortunate happens to any of your valuable assets.
Bundling insurance occurs when you purchase two or more insurance policies from the same insurance company. You can often realize cost savings by bundling your coverage, such as your homeowners insurance and your auto insurance, which are the two most common bundled coverages.
The Benefits of Bundling
By combining your insurance policies, you can save on your premiums and streamline the claims process. You may see additional benefits as well, including:
Convenience—When you bundle, you reduce paperwork, making your insurance easier to manage. A single insurer enables you to save time by viewing your premiums, renewal dates and other information in one place, and a single agent to connect to for help.
Discount—The amount you save varies by the insurance provider, but you potentially may save between 5%-25% on each policy.
Single payment—You only pay one premium for your bundled policies, which makes paying your premiums easier to manage.
In addition, if you have made claims or have gotten tickets, you may decrease your chances of your insurance company dropping you if you have your policies bundled with them.
Is Bundling Insurance More Costly?
Insurance premiums are affected by many factors. When it’s time to renew your policies, ask your insurer for the cost of your premiums and the price of a bundled premium so you can decide if you should bundle. Home insurance and auto insurance costs generally vary year to year, so it’s good to regularly get quotes to ensure you’re getting the best rate possible.
We Can Help
If you have a lot of assets that need protecting and want the ease to manage them, you may consider bundling your policies. Augustine Insurance & Financial Services, Inc. can help you start saving today. Call us at 931-503-0015.