Once you start making major purchases such as a new home or a new car, you will need insurance to protect them. All the insurance options can be overwhelming, especially if you are looking to insure multiple items. Bundling insurance policies with the same carrier usually makes the most sense. The most common insurance policies to bundle is homeowners insurance and auto insurance. Bundling your home and auto insurance has many different benefits.
The first major benefit is that it is cost-effective. Most insurance carriers offer discounts when you bundle your home and auto insurance policies. The discount varies, but it’s usually 5 – 25%! Another major benefit is that it is convenient. If you are using a single carrier for your insurance policies, making changes to your policies is quick and easy. Your agent will have a better relationship with you and have a good handle on your situation. Not to mention you may only need one login and password to access your policies online!
There are some things to consider when thinking about bundling your home and auto insurance policies. Consider the price of your home – the higher the value of your home, the higher the discount may be when you bundle policies. Consider the value of your car – a higher value car can drive up bundled premiums due to potentially expensive repairs. Consider where you live – if you live in a safer location you may save more money than those in high-risk flood zones and other disaster areas.
We get it. Insurance can be confusing, but that’s why The Insurance Center of New Bern is here! Give us a call at (252) 637-4173 to speak with one of our experienced representatives. We will take the time to get to know you and your situation and be able to advise you on the best insurance options for you! You can also visit us online at https://www.ticnc.com/ to set up your consultation.