If you’re in the market for multiple types of insurance, you may benefit from bundling your policies. Before you make a decision, it may help to learn more about what it means to bundle insurance policies.
What Does It Mean to Bundle Insurance?
Bundle insurance occurs when you buy more than one policy with an insurance provider. This often includes some combination of homeowners insurance, auto insurance, renters insurance and life insurance. Instead of having a different provider for each policy, you can have them all in one convenient location.
Benefits of Bundling Insurance
There are many benefits to bundling insurance, some of which include the following:
- Bundling discounts—In many cases, insurance providers offer discounts for bundling policies.
- Simplified payments—Often when you bundle policies with one provider, you just one monthly or annual payment. Everything is in one convenient location, and you only have to contact one provider when you need to make changes or file claims.
- Less likely to be dropped after multiple claims—If you file too many claims, you might risk being dropped from an insurer, but that is less likely when you have multiple policies with one provider. This isn’t a guaranteed benefit, but it’s one worth noting.
Insurance Bundles in Kansas City
If you are interested in learning more about bundling insurance, contact Auto Insurance Discounters. We’ve been offering insurance services across Missouri and Kansas since 2001. Our agents understand that insurance can be confusing because there are so many coverage options and policy prices. We can help ensure you understand your coverage and have the policies you need to keep you and your assets safe.
This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.