The Benefits of Bundling Your Insurance Policies with One Agency

Getting married, purchasing a home, and other important life events can make you reconsider how you’ve structured your insurance policies. Bundling your coverage with one insurance agency can save you money, make it more convenient to file claims, and help you to build a better, more personalized relationship with your insurance provider. Take a look at these three benefits of bundling your insurance policies.

Lower Costs

Perhaps the biggest benefit of having all of your insurance policies with one agency is spending less money. Just like multi-car discounts on auto insurance policies, you can also save money on monthly premiums when you have multiple policies with one insurance agency. In addition to the lower costs, bundling your policies under one company can also make it more affordable to increase your coverage. For example, if you choose to add an optional policy like collision coverage, it can cost significantly less when your auto, life, and homeowners insurance are with the same agency.

Convenience for Making Changes

Much more convenient. Most people get new policies when they buy a new car or have other changes in their situation. This can lead to having coverage with several different agencies. However, if you work with several different companies, you’ll have to contact all of them every time you need to update your address or add more coverage. Bundling your policies means you can call or visit the website of just one agency to make any changes.

Personalized Service

The insurance industry is highly competitive, which means that agencies are often willing to reward long-term customers for their business. When all of your insurance policies are bundled with one company, they may offer multi-line and loyalty discounts, as well as more personalized services. These special bundles or deals may include slightly less common forms of coverage such as disability and business policies.

At Insurance Lounge, our no-commission agents make it easy to find the home, auto, life, health, disability, and retirement policies that you need. Our Insurance Concierges and agents can help you to compare coverage options and bundle your policies whenever possible. To get started, fill out an online form to receive a quote today.