What does bundling mean?
Bundling means putting your home and auto insurance with the same insurance company. For homeowners, that means having your home insurance and auto insurance with the same insurance company (maybe a personal umbrella too). For a renter, that means having your personal property or renters insurance with the same company that insures your cars.
This makes sense, as all insurance companies give a discount with bundling. It varies from insurance company to insurance company but most are 10% off your premium. So if your 2 auto's insurance costs $1,800 a year, you'd get $180 off of that. And is your homeowners insurance is $1,000 per year, you'd get $100 off of that. So because of "bundling", you save $280 per year off your insurance costs. I'd say bundling does save you money!
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