As we get older and gain more life experiences, the types of insurance policies we must consider multiply. This is especially true for people with large families or multiple assets. Insurance responsibilities have become notorious for being expensive and difficult to manage for this reason. Many Americans — even those who do not struggle to make their payments every month – get caught up in the sheer amount of responsibility and organization each plan requires.
One option that has always provided some financial relief is bundling plans together. This method is offered by most agencies and brokers, and has only grown in popularity. This article will explore what insurance bundling entails, and the features that make bundling optimal for many Americans.
What is insurance policy bundling?
While each insurance policy covers a different asset, it is possible to purchase several types of coverage at once — to “bundle” plans together. Doing so ensures security for multiple important parts of your life and can save a lot of time and money that would otherwise be spent finding deals for each necessity.
It’s possible to bundle all types of plans except for health insurance, pet-related insurance, and any other coverage types that your provider does not carry. If it’s unclear whether your provider bundles certain policies, ask your agent for more information.
Benefits of bundling insurance policies
There are several key benefits to choosing to bundle plans:
- Convenience is key: One of the factors that gives insurance such a bad rep is that it’s difficult to keep up with. Each provider has their own policies surrounding prices and renewals, and each has their own specific paperwork requirements for you to procure every year. By bundling plans under one provider, you save yourself the potential stress of managing these various elements.
- Discounts galore: Bundling insurance is not only convenient for your day-to-day schedule — it can also save your wallet! Many providers offer premium discounts for policyholders who put their faith in their services and choose to bundle. Home-and-auto bundles are the most identifiable as being offered for a discounted price, but there are many other possibilities.
- Added flexibility: It’s always possible to undergo a major life change and need to switch the type of insurance you pay for. For example, you may need to switch from renter’s to homeowner’s insurance if your living situation changes. Many insurance providers offer increased flexibility with policyholders who bundle.
Bundle with an insurance provider that cares
Superior Insurance and Auto Tags is Pennsylvania’s go-to provider for home, auto, life, and commercial insurance policies. Our wide range of carriers makes bundling high-quality services together simple. We’re dedicated to finding the best solutions for you and your family.
Our services don’t stop with insurance — we’re also an independent auto tags service provider. Secure your license, registration, and vehicle tags in a fraction of the time these services would require at the DMV. For more information about our robust offerings, contact us today through our website or over the phone. We can’t wait to hear from you!
