Advantages Of Combined Auto And Home Insurance

​Homes and cars are necessities of modern life that need insurance coverage to be protected. That’s why auto and home insurance are two wonderful examples of things crucial to most people’s lives. But having the two separate policies can be tedious. You can gain several benefits by bundling your insurance with one insurance provider. Here are some of the advantages of bundling auto and home insurance:

Making Policies Simpler
The main reason why people want to bundle auto and home insurance is the simplicity of dealing with just one company. Thanks to bundling auto and home insurance, individuals can monitor their plans, submit claims, and pay premiums quickly. Plus, if they enable automatic payments, it will also reduce the number of locations where your banking information is kept.

Have Greater Leverage
The more assets a person has insured by one insurance company, the greater value they usually have as a client. A valued customer can increase the provider's motive to give discounts to keep clients and have reduced rates. Having more assets can also improve a person’s chances of receiving prompt assistance from customer service in case of a late payment or urgent claims.

Plus, bundling auto and home insurance lowers the risk that the insurance company will revoke a person’s coverage. As a result, a person with bundled auto and home insurance is less likely to worry about an insurer dropping them or about rate increases. Bottom line: there are advantages to customer loyalty, and they extend both ways.

Joining Deductibles
Bundling auto and home insurance means having only a single deductible for both policies. So, for example, with a separate insurance policy, a person has to pay $500 deductibles for damage to their home due to a windstorm. The person will also pay another $500 deductible for damage to their automobile due to the same windstorm. But when bundling, the person would only have one $500 deductible for both assets.

The Bundling Benefits
Having bundled auto and home insurance can pose many advantages. Combining home and auto insurance coverage could result in savings of up to 25%, depending on the insurer. Moreover, combining insurance policies simplifies invoicing and merges several bills into one. Thus, it is simpler to keep track of your premium payments.

At Robert Nichols Insurance Group, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get insurance that fits your needs. You can get more information about our products and services by calling our agency at (561) 406-6153. Get your free quote today by CLICKING HERE. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!