Home and Auto Insurance Bundles

What Is a Home and Auto Insurance Bundle?

A home and auto insurance bundle is when you purchase car insurance and property insurance through the same company and at the same time. If you were to buy two separate policies, they would be a little costly. If you buy these policies from two different insurance companies, that would be expensive as well. When you purchase one insurance policy that covers your home and your vehicle together, your insurance company can give you a discount. This is what is known as "bundling." Buying one insurance policy that includes home and auto coverage will ultimately save you money.

Car quote  Home quote

The Benefits of Bundling Your Policies

Insurance companies that bundle your home and auto policies offer you several benefits, which can include the following:

  • This is one of the easiest ways that an insurance company can offer you a discount on your coverage. The discount will apply to both policies, so it may be a significant one.
  • After an accident occurs, you may be confused about what you need to do next. If your policies are bundled, you will only need to contact one insurance company if your home and automobile are affected by the same accident. You will not have to explain the circumstances of your tragedy to more than one person.
  • Bundling means that your company will be able to recognize you as a loyal customer. In addition to that, you will have more opportunities to develop a relationship with your insurance agent. You may even be entitled to a loyalty discount that will lower your rates even more.

Purchasing auto and home insurance is not necessarily something that people want to do, but it is a necessity. You can make this purchase less painful when you bundle your policies. When you bundle, you can ensure that you will have the best rates for your coverage with the bundling discount. This is something that you would lose if you were to keep your insurance policies separate.

How do I find home and auto insurance in Canada?

The best way to find the right insurance company for you is to work with an insurance broker. A broker's job is to help you obtain quotes for your insurance policies from multiple companies. We will do that for you so that your search for the right insurance policies will be over as quickly as possible. After you receive several quotes, you can compare them and find the insurance company that is offering you the most coverage for the least amount of money. Because you are bundling your policies, you will only have to do this once.

You don't have to worry that you will receive a substandard insurance policy from a home insurance agency. The agencies that we represent offer you quality coverage. They can even customize your coverage so that you can obtain the insurance products that best suits your needs.

Choosing the Right Policy

We represent several insurance companies, so you will be offered many packages with different discounts and bundles. It can be difficult for you to decide which company is offering the most advantageous policies for you, but we are here to help you with this important decision. You have several options, as different insurance companies each charge their own rates depending on their location. We will help you sort through all of your options so that you can find the best policy.

There is an insurance company out there that will be able to insure your automobile whether you drive a car, truck or even a motorcycle. Our insurance companies can provide you with property insurance whether you have a house, condominium or an apartment, and whether you own or rent it.

When you are ready to search for an insurance company to bundle your policies, you will only need to contact us. Our experts will shop around for you and find the best offers and present them to you. We will help you decide which one is offering the best coverage for the lowest price so that you can receive the best rates. The insurance companies that we represent are among the best in Canada, so you can be assured that you will receive the best coverage possible. Home and auto insurance companies are entitled to set their own rates. That's why you can receive radically different rates from multiple insurance companies for the exact same amount of coverage. It's the reason that you must compare rates from several different sources.

Determining your Rate

If you already have coverage, you may have noticed that your insurance company has been increasing your rates every time you renew your policies. When you compare rates, you might learn that the rates you are currently paying are the lowest possible, but you could also find out that other insurance companies would be willing to charge you much lower rates.

Different insurance companies in Canada will set their rates at a specific price for many reasons. The rates you will be sent to compare will be based on several factors, including the following:

  • The insurance company that is offering you a policy
  • Where you live
  • The discounts you are offered
  • How you use your vehicle

This is not an exhaustive list, as there are many other reasons that your insurance quotes will be higher or lower. The good news for you is that you can compare several quotes and only choose to pursue the ones that are offering you the most reasonable prices.

How to Get Even Lower Rates if You Are Already Bundling

You may have already bundled your auto and home insurance policies, but that doesn't mean that you cannot benefit from bundling now. The quotes you received when you bundled your policies years ago may be a lot higher than the quotes you would receive today from other insurance companies. It would be worth your while to find out if you can get even lower rates, by talking to a broker about current bundling deals and offers.

You may not have any complaints about your current insurance company, but if another company is willing to charge you lower rates for the same coverage, you’ll probably want to make the switch. You might even be able to obtain more coverage for a lower rate, so compare insurance quotes today.

Car quote  Home quote