Forward Bank

Everyone loves saving money, and bundling your insurance is a simple and convenient way to do just that. If you’re already paying for insurance, why not take advantage of opportunities to save?

What is Bundling Insurance Coverage?

Bundling your insurance means purchasing multiple policies, such as home, auto, and life insurance, from the same insurer. This approach not only consolidates all your policies in one place, making management easier, but also offers several other benefits.

Save Time

Bundling your insurance simplifies the organization of your various policies, saving you time. Managing multiple insurance policies from different providers can be challenging, especially when tracking renewal dates, costs, and coverage details. With bundled policies, you deal with a single provider, giving you convenient access to all the relevant information in one place.

Save Money

One of the biggest advantages of bundling your insurance policies under one insurer is cost reduction. Most insurance companies offer multi-product discounts, helping customers save on their premiums. Whether you’re bundling home and auto insurance, motorcycle and renter’s, or another combination, significant savings are almost guaranteed. For instance, a recent study found that consumers who bundle their auto and homeowners insurance save an average of 16%.

Expedite the Claims Process

In the unfortunate event of an accident involving multiple belongings, having all your policies with the same provider streamlines the claims process. You won’t need to contact multiple insurers or be put on hold several times, making the process quicker and less stressful.

Reduce Your Chances of Being Dropped

Insurance companies have the right to refuse or drop coverage, but this is less likely if you have multiple policies with a single insurer. Companies tend to view customers with bundled policies as loyal and dependable, reducing the likelihood of cancellation.

Take the Guesswork Out of Insurance

Your personal property coverage doesn’t have to be complicated. By determining the coverage you need and bundling your policies, you can take the guesswork and stress out of insurance. This approach not only saves you money and time but also simplifies your overall insurance experience. Talk to an agent at Forward today to review your policies!