Insurance Package Discount
A package discount is often a bundle of two or more Insurances with the same company. Home and auto insurance are often bundled because they are two of the most frequently-used types of insurance, but you can do it with just about anything.
You might be able to save even more money if you add other insurance products to the mix. Health, dental, vision, motorcycle, life, boat and renter's insurance are just a few policies you might want to combine for a package discount.
Take advantage of our package insurance discounts and you may be able to save up to 25% or more on your insurance policies.
Simply ask one of our agents for an insurance package quote and see the savings for yourself. Based on average premiums, we can calculate the average savings.
If you want to save money, it isn't difficult to negotiate a package discount. You do need to make a few decisions, however, such as which company to bundle your home and auto insurance with.
1. Compare Prices
The best way to start the package discount process is to find out how much home and auto insurance cost with different providers. This is easily accomplished by requesting quotes online or over the phone with different insurance companies.
Obviously, they will cost less together than they do separately, but you'll get a basic idea of the pricing scale for each provider. You might also want to research the package discount policy for each provider; most companies have a section of their web sites devoted to bundling services.
2. Decide on Services
You can bundle your home and auto insurance to save money, but you might be able to save even more money if you add other insurance products to the mix. Health, dental, vision, motorcycle, life, boat and renter's insurance are just a few policies you might want to combine for a package discount.
However, keep in mind that this process might take a fair bit of research. There are additional discounts to consider (such as safe driver discounts for auto insurance or security alarm discounts for home insurance) as well as financing for either your home or your car. Make sure to discuss any changes you make with all applicable parties.
3. Sign the Contract
In order to take advantage of a package discount, you will need to sign contracts for all insurance products you decide to purchase. Once you bundle your home and auto insurance, you'll be able to save money immediately.
After you've taken this step, continue to review your insurance choices every six months to one year.