Save by Bundling Auto and Home Insurance When it comes to insurance, we all look for ways to save money. One of the easiest and most common ways to save is by bundling auto and home insurance with one company. Insurance companies typically offer discounts in exchange for carrying more than one type of insurance with them. In addition to auto and home insurance, some companies offer discounts for bundling renters, condo, mobile home, and umbrella insurance too. Nearly 8 in 10 customers bundled at least two policies with their insurer, according to J.D. Power’s 2015 study of homeowners insurance customer satisfaction. Insurance companies offer bundling — or what they call multipolicy discounts — because they want to maximize their profits and get more of your business. Once they get your business, they want to keep it; retention rates are higher among customers who bundle home and auto insurance or other policies. Discounts vary from one company to the next and by location, but they
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