How do you keep track of everything? Do you have multiple insurance agents and different insurance companies? Or is everything with one agent?
It can take a lot of time and energy keeping track of your insurance and managing your policies. Keeping your insurance policies with one agent can simplify your life and offers these benefits:
- Discounts — many insurance companies offer discounts for bundled policies. The exact discount will vary among insurers but generally ranges between 5% and 25%.
- Single deductibles — if a loss applies to more than a single policy, the deductible you pay may apply to all your coverage. For example, if a severe storm damages your vehicle and your home and you carry both policies with the same provider, you may only have to pay a single deductible.
- Convenience — bundling policies together cuts down on paperwork and makes your coverage easier to manage. And because you only have to work with a single insurance company, you can save time by viewing your premiums, renewal dates, and other information all in one place.
- One point of contact — no need to call multiple agents when you have questions or need to make a change to your insurance.
- Less chance of dropped coverage — insurers regularly drop coverage if a policyholder makes a large number of claims. But, if your policies are bundled together, providers will be less likely to drop you.
- Eliminates gaps in coverage — if you work with just one agent, they’ll have a broad view of your policies and will be able to identify gaps or overlaps in coverage.
- Simplifies the claims process — especially when filing a claim that impacts more than one policy type. For example, if a fire damages both your home and vehicles/recreational vehicles in your garage, you can file and manage your claim in one place.
Bundling is a convenient and easy way to streamline your insurance coverage! Contact us today to get started.
.jpg/500w/webp/60q)
