When you’re shopping for insurance, how can you know that you are getting the right coverage at the right price? Outside of working with an experienced insurance agency like Freedom Insurance, you should understand how to compare bundled insurance packages. In many cases, bundling homeowners and automobile insurance together from the same insurer can save you time, money and hassle. However, sometimes the deal is not as much of a deal as it seems!
Know the Discount
When you compare bundled insurance packages, the discount given can vary wildly from carrier to carrier. In some cases, you will get a modest 5% discount on your premium. In others, you can get a whopping 25% discount on the price of the policy. When you are bundling or preparing to renew your bundle, you should always take time to compare your rates to other rates out there. If your premium is inching up over time, it could be an overpayment in only a few years.
Know Your History
If you have had numerous auto insurance claims, gotten many tickets or had accidents, it can be harder to find and keep car insurance coverage. By bundling your policies together, you can increase the likelihood that you will maintain your coverage. When you compare bundled insurance packages, know that the more policies that you bundle, the more likely it is that you will be able to maintain coverage with the same company.
Know the Coverage You Need
Next, when you compare bundled insurance packages, you should know the coverage that you need. As a rule of thumb, homeowners insurance policies often can come with the biggest percentage discounts, so if you are bundling a large coverage homeowners insurance policy with other types of insurance, like car insurance, you could get fantastic coverage and fantastic savings. Not sure how much coverage you need? Freedom Insurance Agency, Inc. can also help with that! We can walk you through every step to compare bundled insurance packages and find the perfect fit for your family.
Work with Freedom Insurance Agency, Inc. to Compare Bundled Insurance Packages
We offer comprehensive, customized coverage from numerous major insurance carriers and make it easier than ever to find affordable policies that are exactly what you need. We can help you compare auto and homeowners insurance policies and create a bundle to maximize your convenience and savings. We have been serving clients throughout the greater Howard County and Carroll County areas since 1979, and we look forward to helping you and your family thrive. Get in touch today by calling (410) 795-2000.