You may think your auto and home insurance policies are unrelated, but they can influence each other in surprising ways. Here’s how bundling — or even your driving record — can impact your home insurance. Check out our guide below!
Questions? Reach out to one of our knowledgeable insurance agents. We’re eager to set you up with the right coverage and rate!
Bundling Benefits:
Combining auto and home insurance often unlocks discounts that reduce overall costs.
Bundling can simplify claims management by having a single provider handle both policies.
Shared Risk Profile:
If you’ve filed multiple auto claims, some insurers may view you as a higher risk overall, potentially influencing your home insurance rate.
Conversely, a spotless driving record can help secure lower premiums when bundling.
Additional Perks of Bundling:
Some insurers offer combined deductible options, meaning if both your home and car suffer damage in the same event, you’ll only pay one deductible.
If you haven’t explored bundling your home and auto insurance, now may be the perfect time to see how much you can save.
Bundling your home and auto insurance can unlock discounts, more competitive rates, and greater negotiating power with high-value carriers. It also simplifies claims management and, in some cases, allows for a single deductible if both your home and car are damaged in the same event. However, insurers may assess your overall risk—meaning a strong driving record can help lower your home insurance costs, while frequent auto claims might have the opposite effect.
Cornerstone Insurance Agency LLC can help you find the best bundling options for maximum savings and coverage.
This article is for informational purposes only. You should not act based on this information without first consulting with your insurance agent; if you would like a quote from a Cornerstone Insurance Agency licensed agent, contact us. We disclaim all liability for actions taken or not taken by you based on the contents of this article which is provided “as is.” Cornerstone makes no representation that this content is error-free.