How-to-Trim Your Monthly Insurance Bill

How to Trim Your Monthly Insurance Bill

2 minute read

People want to save money and align their spending to their monthly budget. Lowering the insurance bill is an excellent way to start. Because they are scouting for the lowest individual price, sometimes shoppers end up with two or three different insurance companies with three different policies and premiums.

Reduce Your Monthly Insurance Bill Bundling Coverage

This is a common money-saving tactic that is occasionally be overlooked; however, it is quite easy to accomplish. When you bundle your insurance policies you’re consolidating multiple policies under one insurance carrier. To earn your business on multiple lines of insurance, insurance companies are willing to offer discounts on their premiums and that can mean significant savings for you. Additionally, by bundling your policies you spend less time making separate payments and can deal with any claims or customer service matters under one roof.

Find out if you can benefit from bundling your policies. If you have only one car to insure, then bundling is probably not for you since you only need one insurance policy. But if you own or rent a home, have a car, need Life Insurance, or want to add your newly licensed teenager’s car to your policy, then you can look into bundling as a way to save money.

The amount that is saved by bundling your policies depends on how many policies are actually bundled. The rate for your Auto Insurance policy may actually be higher than another company, but by bundling your home and auto insurance together, it could actually create a larger discount on your homeowner’s policy, thus creating a lower overall cost to you.

As your comparison shopping resource, we pride ourselves on finding the best company for your coverage needs and of course, lower your insurance bill. Ask our Insurance Specialists today if bundling your policies under one company is the right move for you and your budget.

 


The information in this article was obtained from various sources. This content is offered for educational purposes only and does not represent contractual agreements. The definitions, terms and coverage in a given policy may be different than those suggested here and such policy will be governed by the language contained therein. No warranty or appropriateness for a specific purpose is expressed or implied.