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How legit are bundling discounts?

Are bundling insurance policies better than getting separate ones for both? I’m thinking of getting a joint policy for my home and car insurance.

avatar
Gracie Hanson · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“When it comes to
bundling
insurance, there are many benefits to doing this.
Bundling makes it easy to:
  • save money
  • manage your insurance
  • file claims
Depending on what carrier you bundle with and your geographic location, you could save anywhere from 5% to 25% on your insurance policy.
By combining two (or more) policies into one, you could experience less hassle managing both types of insurance under a single provider.
If you have filed a claim or received a traffic violation, bundling policies with the same company lowers the chance that your provider may drop you.
Bundling doesn’t benefit everyone in the same way.
For example, if your home insurance is expensive and your car insurance is
cheap
, bundling insurance may be the way to go since houses are pricier than cars and discounts on homes tend to be higher.
However, if you have been in accidents, received tickets, or have poor credit, car insurance could be the more expensive policy. In this scenario, the savings you recieve from choosing the cheapest car insurance provider could dominate a 20% discount on a bundled home policy.
Bundling insurance depends on what you are currently paying for both home and auto insurance. However, using a smart comparison tool like
Jerry
could help you find savings even faster and stress-free.”
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

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