Can I bundle my Auto-Owners car insurance with other policies?

Can you bundle your Auto-Owners car insurance with other policies? Sometimes getting a good deal means looking for opportunities to earn a discount by being loyal to one insurance company. Companies are incentivized to give discounts to their best customers to build brand loyalty.

If you want to get the best deals on insurance, it is helpful to know how to save money by bundling insurance policies.

Bundling Your Auto-Owners Car Insurance with Other Policies

Insurance companies like to encourage their customers to buy more than one type of insurance from the company. To build customer loyalty, they usually offer significant discounts for customers who bundle insurance, such as auto and home, and then buy both types of insurance from the same company.

Read more:

• How To Save Money by Bundling Insurance Policies
• What types of car insurance coverage does Auto-Owners offer?

Saving Money by Bundling Car Insurance With Auto-Owners

An excellent place to start when shopping for insurance is to compare car insurance. You want to determine the best deal on car insurance before considering a bundle. Then, if you get the price for the car insurance and add home insurance as a bundle, you may save an average of 5% up to 25% on your rates.

Examples of Auto-Owners Insurance Bundles

Auto-Owners offers much more than car insurance, as shown in our Auto-Owners Insurance review. The most common bundle is auto and home insurance, which provides the most significant discounts.

The next most frequent bundle choice is auto and life insurance. However, there is no reason to stop there. Since Auto-Owners offer so many kinds of insurance, why not get a quote for a bundle that covers all your needs?

Read more: What discounts are available for Auto-Owners car insurance customers?

Advantages and Disadvantages of Bundling Auto-Owners Insurance

The main advantage of bundling insurance is the multi-policy discounts insurance companies offer. It is important to know the best car insurance discounts in your area.

One of the disadvantages is that bundling insurance is so easy and convenient that consumers may fail to put in the effort needed to comparison shop for the best insurance deals.

Suppose an insurance company charges a higher-than-average rate even after accounting for a considerable discount; compared to a policy with a lower discount rate and yet lower cost, it may seem falsely attractive. The goal for comparison shopping is to review the expenses after applying all discounts.

First, compare the Auto-Owners rates for auto, homeowners, life, and other types. Then, compare the bundled prices with some of the major insurance competitors. Additionally, rank the choices based on factors, not costs, such as customer service and claims processing reviews.

Doing an annual review and repeating this process each year is probably a good idea.

Bundling Auto-Owners Car Insurance with Other Policies

An effective strategy is to comparison shop for insurance and then consider not only the price but the customer service and reputation for claims processing. Getting the lowest rates may not be the best solution if you need to make a claim and the claims processing is faulty.

Nevertheless, suppose you are happy with an insurance company like Auto-Owners. In that case, getting more than one type of insurance from the company makes sense if you can save significantly on the rates for a bundled insurance package.

Case Studies: The Benefits of Bundling Auto-Owners Car Insurance With Other Policies

Case Study 1: Auto and Home Insurance Bundle

John is a homeowner and owns a car. He decided to bundle his Auto-Owners car insurance with his home insurance policy. By doing so, he received a 15% discount on his car insurance premium and a 20% discount on his home insurance premium. Overall, John saved $500 per year by bundling his policies with Auto-Owners.

Case Study 2: Auto and Life Insurance Bundle

Sarah wanted to secure her family’s financial future and decided to purchase a life insurance policy along with her auto insurance from Auto-Owners. She received a 10% discount on her car insurance premium and a 25% discount on her life insurance premium.

In addition to the savings, Sarah found peace of mind knowing that her loved ones would be financially protected in case of an unfortunate event.

Case Study 3: Comprehensive Insurance Bundle

David wanted comprehensive coverage for his car, home, and life insurance needs. He decided to bundle all his policies with Auto-Owners. By doing so, he received a 20% discount on his car insurance premium, a 15% discount on his home insurance premium, and a 30% discount on his life insurance premium.

David found it convenient to manage all his policies with one insurance provider and saved a significant amount of money in the process.