Should You Bundle Your Home and Auto Insurance?

When shopping around for home and automobile insurance, you may get asked if you want to bundle them together. This may be a good idea, though there are also times when you may not want to do so. 

Here are some reasons why you may want to bundle your home and auto insurance.

  • You may get a discount for bundling. Most insurance companies allow you to save up to twenty-five percent on your premiums. 
  • You may only be required to pay one deductible. Your insurance company may only give you one deductible to meet for both policies. This often means that you have a lower overall deductible. 
  • You are less likely to be dropped by your insurance company. Some companies will drop their clients if they submit too many claims. However, you may be less likely to be dropped if you rely on them for more than one policy. 

Here are some reasons why you may not want to bundle your home and auto insurance.

 

  • You may not be as quick to compare prices for insurance companies. You may be excited by the thought of saving money when bundling. This may lead you away from price shopping. You could end up spending more money, even with a discount. 
  • You may also forget to continue to shop around. Many people love to stay with the same company for years. However, they can slowly raise their rates, and you may not even notice! 

Only you can decide whether you want to try bundling your home and automobile insurance. If you need some assistance in Dallas, TX, don’t hesitate to contact D&B Insurance Solutions today.