I recently purchased my first home, and I’ve heard that you can get discounts on car insurance for owning a home. Will my car insurance be cheaper if I own a home?
Many car insurance companies offer homeownership discounts as homeowners are less of a risk to insure. Beyond this, many homeowners choose to bundle their
with the same company to save additional money on both policies.
If you’re currently insured, you should reach out to your car insurance company to see if they offer a homeownership discount. An agent can give you an estimate on how much you’d save on your car insurance. Should you need a home insurance policy, you can also request a quote for bundling.
You also should shop around for quotes. Rates vary between companies, so you could find a lower rate for your car insurance after becoming a homeowner elsewhere.
If you’d rather leave the hard work of gathering quotes to someone else, use
. The Jerry app collects quotes from top insurance companies, like Nationwide and Travelers, in seconds. The average Jerry driver saves $887 on car insurance.
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.