Best Answer

Combining several insurance policies is a very fast way to lower your monthly bills. Many people have several different types of insurance, such as homeowner's insurance, life insurance, auto insurance, and health insurance. It's important to realize that some insurance companies offer all of these policy types and may provide special deals for individuals who purchase multiple types of insurance under the same policy. Contact your insurance company or look online for rates on various insurance types, then ask about putting a few different policies under the same provider in order to get a special discount.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Save Money On Insurance By Combining Policies?
Write your answer...
Still have questions?
magnify glass
Related questions

How can you save on car insurance?

combining policies is one way, getting as many quotes as possible and avoiding brokers with add on fees

Do you save much money by combining homeowners and auto insurance with the same company?

Total savings will be 350 per year.

Does Liberty Mutual sell insurance?

Yes, Liberty Mutual sells insurance. They have home, auto and life insurance. Consumers can save money by bundling the different policies together.

Does esure car insurance offer bundled packages to save money?

You can obtain a free quote on home and car insurance as well as other insurance policies on the website. Esure does not currently have an option to bundle these two policies together.

Is there a company that offers cheap insurance?

To me the cheapest type of insurance out there is Allstate.It has some great insurance policies and it also has a lot of great features. It will take care of your car and will save you a ton of money while doing it.

Insurance an asset or expense?

Insurance is an expense, it should never be considered an asset. That is why cash-value policies are not recommended. Stick with simple term insurance and you will save money.

Get Homeowner's Insurance For Less?

For almost all homeowners, paying for homeowner's insurance is a necessity which is typically required by a mortgage lender and any association that the homeowner is a member of. While it can be expensive, there are ways to save money on homeowner's insurance. The first way to save money on homeowners insurance would be to compare prices from various insurers and negotiate. To bring in a new customer, many insurers may entice you by offering a reduced premium. You could save money by either accepting the new premium or using it to negotiate with your current insurer. The second way to save money on homeowners insurance would be to combine all of your insurance needs into one policy. When combining your policies, including auto and homeowners insurance, you could receive a multi-policy discount, which would cut your premium by 10% or more. The third way to save money on homeowners insurance would be to re-evaluate your insurance needs. Depending on your situation, it is quite possible that you are over insuring yourself. While this provides excess protection, it could end up being a waste of money and could be avoided by re-assessing how much insurance you really need.

Do companies in Florida combine home insurance with boat insurance?

Yes they do. Most companies all over the world and not just in Florida offer this. It helps you save money by combining instead of paying two different bills.

What company offers the best rates for home insurance in Missouri?

The average MO homeowner pays $57.33 a month. However, if you obtain your auto and life insurance policies from the same company, you could save some money.

What are some ways one could save on car insurance?

One could save on car insurance by completing a drivers training course. One can also bundle their home and auto insurance together as many insurance companies offer discounts for combining the two.

How do you save money on your car insurance?

With Geico, of course!

Can an average person actually save money on all their insurance needs by using an insurance broker?

Insurance brokers can actually save you money on all your insurance needs by finding the right product for you as well as finding the perfect provider for this product.