Bundling multiple types of insurance, such as home and auto, is a common strategy to save money on premiums. Insurance companies often offer discounts to customers who purchase more than one type of policy from them. These bundling discounts can range from 5% to 25%, depending on the insurer and the types of coverage being bundled.

In addition to saving money, bundling insurance can simplify your coverage by allowing you to manage all your policies with a single insurer. This can make it easier to keep track of payment due dates, coverage terms, and renewal dates. However, it’s still important to compare bundled rates with the cost of separate policies to ensure that bundling is truly saving you money.