Is it cheaper to bundle insurance with one company or use different companies for different policies?

Generally, it is cheaper to bundle your insurance with one company. Carriers reward customers who bring them more than one policy. Your own situation can change that, so it is worth comparing both ways.

Key Takeaways

- Bundling with one company is usually cheaper.
- Carriers reward customers who have several policies with them.
- Compare both options if you have had claims or have unusual risks.

Generally, it is cheaper to bundle your insurance with one company. Carriers reward customers who bring them more than one policy. Your own situation can change that, so it is worth comparing both ways.

Why one company usually costs less

A carrier that insures your home, cars and other policies earns more of your business, so it offers multi-policy discounts to keep it. You also get one renewal to manage instead of several.

When to compare separate policies

If you have had claims, own a high-value or unusual home, or have a driver who is hard to insure, separate carriers may price some policies better. An agent can compare both ways with the same coverage.

How Hicks Insurance can help

Hicks Insurance quotes bundled and separate options so you can see which is cheaper for you. Request a quote.

Have more questions about our insurance?

Give us a call today and we can help.

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