Can you really save if you choose to bundle insurance?
It’s more than likely. And savings aren’t the only advantage of bundling insurance.
What is bundling insurance?
The technical term is “multi-line discount”, referring to the purchase of more than one policy (usually two). But don’t worry. If you say, “Maybe I should bundle1 auto and home insurance”, your agent will know exactly what you mean.
Bundling your home, auto or life insurance can:
- Help you save money
- Provide one agent for your policies
- Consolidate your insurance payments and timing
Why should I consider bundling my policies?
That’s a two-word answer: simplicity and savings. Let’s say you have auto insurance and homeowners insurance from two different companies. This means you’re dealing with two different agents. Paying two different bills – probably at two different times. And chances are, you’re paying more than you should.
Bundling is a way to simplify that picture, bringing all your coverages together in one place to save you time, effort and money. Bundling insurance is a step many insurance companies advise their customers to take, for a lot of very good reasons.
For example, if you decide to bundle home and auto insurance, you’ll get the coverage and service you want, plus other advantages you may not be enjoying now.
- More money in your pocket
- A single bill for all your policies
- A single agent to go to for all your needs
- A single company to provide all-round service
If many insurance companies recommend bundling insurance policies, it will come as no surprise that we recommend you choose to bundle with State Farm®.
But keep in mind that bundling is just one factor in your savings equation. Ask yourself, “How much coverage do I really need?” This will determine the coverage options you select. For example, here are just a few we offer for our auto insurance:
Collision insurance - In case your vehicle hits an object, another vehicle or overturns in an accident.
Comprehensive insurance - In case your vehicle is stolen or damaged by something other than a collision.
Emergency roadside service - This option pays for reasonable expenses to get your covered vehicle back in service.
Of course, there’s a range of options available for our home, renters, condo, and life insurance policies as well. Then there’s the question of setting your coverage limits and deductibles. When you’re bundling, these factors all impact what you save. Fortunately, your State Farm agent specializes in helping you select the options, limits and deductibles that best meet your needs. And in the end, you’ll have your own Personal Price Plan™2, giving you every advantage mentioned above, plus some others only State Farm can deliver.
Then again, State Farm insurance agents specialize in personal service, getting to know you and your situation so they can understand your needs. And of course, you’ll have the nation’s largest claims service in your corner.
Can home and auto insurance be bundled?
As the name implies, bundling involves the purchase of at least two different policies. Since every state (except New Hampshire) requires drivers to purchase auto insurance, that will most likely be the first policy in your bundle. From there, it just depends on what other coverage you need.
Auto and home
Auto and condo
Auto and renters
Auto and life insurance
Multiple automobile discount
How do I start?
Talk to your agent. Don’t have one? You can contact one of our State Farm agents today.
For over 100 years we’ve been helping people save money as they manage the risks of everyday life. We can help you, too. Like a good neighbor, State Farm is there.®