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Will my homeowner's insurance rates be affected if I stop bundling?
I renewed my car insurance policy through State Farm since I recently bought a home and wanted to bundle. Now, another company is offering a better price for auto insurance, but I don't want to lose the bundling discount. What should I do?
Sophie Newman · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
To find how dropping your car insurance policy will affect your homeowner’s rate, you’ll need to talk to
State Farm
. An agent can typically give you an idea of how much your bundling discount is saving you. Since you’ve already found a
car insurance
quote you like, you should also see what the cost of home insurance will be with them. From there, you can determine whether having two separate policies or one bundled policy with another company would be the cheapest option.
If you’d like help finding the cheapest car and home insurance quotes fast, try the
Jerry
app. A licensed broker that offers end-to-end support, Jerry gathers customized quotes, helps you switch plans, and will even help you cancel your old policy, all for free.”View full answer
- Gregory R.
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