Home Home insurance Home and Bundle What does it mean to “bundle” my insurance policies? What does it mean to “bundle” my insurance policies? By Barbara Marquand | Posted on December 1, 2011 Why you should trust Insure.com Quality Verified At Insure.com, we are committed to providing honest and reliable information so that you can make the best financial decisions for you and your family. All of our content is written and reviewed by industry professionals and insurance experts. We maintain strict editorial independence from insurance companies to maintain editorial integrity, so our recommendations are unbiased and are based on a comprehensive list of criteria. Bundling insurance policies simply means buying multiple types of insurance–such as car, motorcycle and home insurance–from a single carrier. Why bundle? Many insurance companies give a discount on premiums if you buy more than one type of coverage from them. More than three-quarters of customers, 77 percent, bundle at least two of their insurance policies, most often their home and auto insurance, according to the J.D. Power and Associates 2011 U.S. National Auto Insurance Study. Some insurers offer other benefits besides premium discounts. MetLife Auto & Home’s GrandProtect program, for example, lets customers pay a single deductible if property insured by multiple policies is damaged. For instance, if a fire destroys your car, boat and home and they’re all insured through MetLife, you would pay the highest deductible from your those policies, and the other deductibles would be waived. Bundling policies also makes managing insurance more convenient because you only have to contact one company for multiple products. Bundling allows your insurance agent to advise you on the big picture of your insurance needs. But bundling isn’t always the best way to go. In some instances, you can get a better deal by shopping around to find the lowest car insurance and home insurance rates from different insurers. Some companies are better at insuring cars than homes, or vice versa, so you might want to go with the best company for each type of insurance instead of bundling. Before bundling insurance policies, get insurance quotes and compare bundled and unbundled rates to see which option is best for you. Make sure the deductibles and coverage are comparable among the choices before selecting the best deal, and don’t forget to consider insurance companies’ financial stability and customer service reputation. For more, see How to ‘bundle’ auto and home insurance policies to save money. QuickTake How to bundle home and auto insurance policies to save money See more > In case you missed it What is HO-6 insurance? Average home insurance cost in 2023 What is dwelling coverage and how much do you need? Personal liability insurance: What it is and why you need it Renters insurance quotes: Compare rates Hurricanes and home insurance: 14 key questions answered Replacement cost policies for your home: Getting what you pay for How much do claims increase home insurance rates? Mobile home insurance: What does it cover and how much does it cost? Homeowners insurance basics Home Insurance Advisor The Best Cheap Homeowners Insurance of 2021: Guide How much flood insurance do I need? How to bundle home and auto insurance policies to save money The largest home insurance companies by market share Home Insurance Discounts Guide to dog liability insurance: cost and coverage Do you have an emergency go-bag? Most Americans don’t 1/1 Related Articles What is HO-6 insurance? By Shivani Gite Are landlords responsible for tree damage to your car? By Casey Bond Can my homeowners insurance get canceled because my house is empty? By Nupur Gambhir Does homeowners insurance cover laptop or computer damage? By Mark Vallet Does homeowners insurance cover car damage? By Nupur Gambhir Are drones covered by homeowners insurance? By Geoff Williams