Most Americans hold multiple types of insurance policies. For instance, they might have life insurance, auto insurance, home insurance, and critical illness insurance. If you have so many different bills each month, your financial situation can quickly become complicated. Today, we’ll have a closer look at how you can find a homeowner insurance company that bundles home and auto and whether this could save you money.

Is There a Homeowner Insurance Company that Bundles Home and Auto? 

There are many insurance companies that bundle your home and car insurance. In fact, they are happy to do this and will even offer you discounts, since a joint policy allows them to capture more of your business. Studies have shown that the average consumer can save around 16% when combining the two insurance policies, so anyone looking to lower their premium should explore this possibility.  

But since there are many different options, it can be hard to find the one that best suits your needs. Before you make a decision, you should speak to a professional who can help you choose a policy that offers great value for the money spent.

The Advantages of a Joint Policy 

As mentioned above, you can save a lot of money when you bundle your home and auto insurance. The best joint policies are around 25% cheaper than separate ones, and customers will only have to pay one deductible if a single event such as a flood or storm damages both their home and vehicle.

Having only one bill can also make it easier for you to budget and keep track of your finances. Customers who make several car repair claims or live in a wildfire zone may be better protected with a bundle because a company is less likely to drop consumers who have multiple policies with them.

How to Find the Best Insurance Policy 

To find the best policy, you should always discuss your situation with a professional. Although a home and auto insurance bundle is a great idea for many people, it may not be suitable if you have expensive car insurance due to bad credit or a history of accidents. In such a situation, an auto insurance company that caters to your needs could be cheaper.

When you work with a specialist, they can evaluate your situation and let you know what type of insurance makes sense for you. Then, they can help you go through the various options and choose the one that offers the most value for money. Even if you already have insurance, you could benefit from the advice of a specialist because they can tell you whether you could switch to a cheaper policy.

Almost everyone needs both home and auto insurance, and purchasing a joint policy can be an easy way to save some money. Fortunately, many companies offer such deals and therefore allow you to simplify your finances and enjoy better protection. Call or message us today at Absolute Choice Insurance in Miami, FL to discuss your situation, or use the quick and easy “Get a Quote” tool on our website.