What to Know When Shopping for Multi-Policy Insurance Discount to Save Money
How to get a multi-policy insurance discount?
As your insurance company, we want your business. In fact, we want all of your business. So, if you're looking for a discount on your insurance payments across the board (your life insurance, your home insurance, your car insurance, etc.) then your best course of action is to work with one provider - Arbor. You give us all your business, and cut you a break. It's that simple.
Remember, You Have Options!
Sometimes, the insurance company that provides your car insurance might not offer homeowners insurance, and vice versa. If this is the case, don't feel that you have to stick with that provider. You're not married to them. You can always shop around for a carrier that will offer both auto insurance as well as home insurance, and that way you may get a multi-policy discount. Contact Arbor for auto insurance and start saving today!
What Types of Policies Qualify?
You will usually only get a multi-policy discount if you combine your auto insurance with your home policy. You don't have to be a homeowner - you can be carrying a renter's policy. You can reasonably expect to get a discount of anywhere from 15% to 25%, depending on your insurance provider.
If you own a boat or an RV, you can also benefit from a multi-policy discount, if you combine it with your home and auto insurance.
Can I Switch Agencies?
Yes. You can switch agencies, and still get a multi-policy discount, provided that you stick with the same carrier. Just make sure that you tell your new agent that you have another auto insurance policy with that carrier.
Can I Add a Family Member?
If you have another person in your household (for example, a teen driver with a separate policy), you may be eligible for a multi-policy discount on your car insurance with the same carrier.
Can I Switch Carriers?
Yes. But make sure that you verify your eligibility for a multi-policy discount in advance.
The Best Way
Bundle all your policies with one carrier - it's the best, fastest way to save on your insurance expenses. Dealing with one carrier is the best way to save money. You could do all right with an "a la carte" approach, but generally speaking, you're better off dealing with one carrier. You won't have to worry about figuring out your monthly bills, and you won't have to worry about determining what carrier you have to deal with if you ever have to file a claim. Generally speaking, too, dealing with one carrier almost always guarantees a discount.