Does your current insurance company offer discounts for having both Auto and Home insurance?
Many companies tend to offer a bundle savings to insure both auto and home policies, or simply just offer a discount for having the coverage, even if it's not with them. From experience, this discount is automatic if you insure both policies with the same insurance company, but it's always best to ask your insurance agent about the savings. All companies have certain requirements to obtain this discount so it's always a possibility that you don't meet the criteria for the auto and home discount, even though you insure both.
How much can you save?
You can easily save up to 25% off your current auto insurance premium with insuring both Home and Auto with the same company. The actual percentage amount changes by company. The more auto insurance policies you have, the more evident the discount will become.
What is considered a home insurance policy?
A homeowners insurance policy would be your typical single family dwelling structure, whether attached or detached. Also, renters insurance is considered worthy by most companies to qualify for home and auto discount. Of course, your condo insurance coverage will fall into this category as well.
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