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Bundling home and auto policies

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Bundling your auto and home insurance policies together with the same insurance provider can be one of the best ways to save money on your insurance costs. In fact, bundling policies will provide one the highest discounts on both policies.

The reason that insurance companies give their best discounts to their customers who have multiple policies is that it is the easiest way they have to attract new business. A customer who can save several hundred dollars by keeping all of their policies with the same insurance company is providing an insurance company with extra business that doesn’t cost them a lot of time, effort, or money to keep. Many insurance companies are able to keep a single record on each of their customers, so being able to sell multiple policies to those customers is a good business strategy for them.

For the customer, there are also several benefits. Besides saving a lot of money, a lot of customers like the convenience of keeping all of their policies with the same company. This often means just one bill to pay, making monthly budgeting a lot easier. In the event of an emergency or disaster, having all of your policies together with the same company often means dealing with the same group of people to make all of your claims. Some companies will even assign the same adjuster to all of your policies. In the event that you have to claim on multiple policies, this can make life a lot easier, since you will not have multiple insurance companies trying to get the other one to pay out on your claims.

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