Grouping your home and car insurance policy saves you money
Grouping your home and car insurance policy saves you money and offers other benefits besides the discount rate, but is it worth it?
Why should you group your home and car insurance policy?
Most Insurance companies offer account credit discounts for combining your homeowner and car insurance policy if you are purchasing your insurance policies by two different companies you may be missing out on additional savings.
Combining your insurance policies saves money
Combining your home and car insurance in an insurance company tends to get a solid discount. Also known as multi-policy discounts or partners, packages can usually save customers up to 35% on insurance premiums.
How or when to combine your car and owner insurance policies
When shopping for new insurance or reviewing your current insurance policy, this is a great time to consider combining your car and homeowner insurance policies. Your independent insurance agent usually asks you if you want to insure any other type of property for this reason.
When combining insurance policies may not be the best option
Although the attractiveness of discounts always exists, in some cases you should not group your insurance policy.
If your at-risk losing or limiting your insurance coverage for some of the examples below:
- New Insurance coverage may offer less coverage or enhancements that were on current policy
- Underwriting eligibility guidelines risk factor may limit or exclude breeds of pets, trampolines, pool, or an In-home businesses
- Insurance Company AM Best Rating Lower
- Higher Billing Fees
- Loss of value-added discounts that cant be transferred to new policy such as Loyalty Discounts, accident forgiveness, and disappearing deductibles
Combine and Save up to 35% on your Home and Auto Insurance
If you’re looking for great ways to save money on your auto insurance and home insurance, combining might be the best way to save money and save time! Purchasing both your auto insurance and home insurance policies from the same insurance company will offer you maximum savings. In many cases, the insurance company will also offer combined billing discounts for all your insurance policies purchased from them.
Four Major Types of Discounts
The Advantages of Choosing LoPriore Insurance Agency:
Get an instant quote online, and we can issue your policy fast! Just sign and go with e-signature. You’ll never have to waste time traveling to an office again.
Pay a bill, report a claim, or get a policy quote 24 hours/7 days a week. Whether your preference is online, email, telephone, text, or in person, LoPriore Insurance is happy to serve you. We have dedicated staff in our office waiting to help you.
Save Time and Money!
At LoPriore Insurance Agency, our motto is Insurance that fits your lifestyle we work for you.
Our goal is to provide you the most competitive and comprehensive custom-tailored insurance package. Save time, let us do the shopping for you and only offer the best policy that meets your needs and your budget.
If you are ready to start saving money on your insurance, call us at 781-438-1375 or visit our website! Click now to begin!