Bundling insurance can save you time, money, and the headache of keeping track of different policies. Having complete coverage, including umbrella insurance and property insurance, can also prevent you from having to pay out any unexpected expenses in the long run.
Muller Insurance partners with over a dozen insurance providers that underwrite all kinds of policies, from landlord and life insurance to auto and home insurance in New Jersey, New York, Connecticut, Pennsylvania, Nevada, and other states. We even offer a full line of business insurance coverage. Here, we’ll discuss why it makes sense to bundle multiple policies with one go-to agent, who can answer all your insurance questions.
What Is Bundling Insurance?
Bundling insurance occurs when a client buys two or more separate policies from the same insurance company or agency. For example, if an individual owns and rents out many properties, they may need landlord insurance and apartment building insurance to protect the buildings, tenants, and others against a variety of risks. The person may also require individual policies such as:
- Condo insurance
- Life insurance
- Flood insurance
Independent insurance agencies can bundle all these policy types and more, making the client’s management more convenient and seamless.
The Advantages of Bundling Insurance
As long as an agency offers the option, individuals can bundle any policies they might need for themselves, their family, or their company. There are several benefits to bundling your insurance policies, which include:
More insurers are offering significant discounts to those who bundle several policies. According to Forbes, bundling home and auto insurance saves U.S. policyholders about 14% annually on average. The savings can increase if more policies are added. That’s a major reduction in cost that adds up year after year.
Bundling makes all parts of the insurance process much easier, as you’ll have one agency you can go to for all your insurance questions, claims, and payments. A go-to independent insurance agency can save you the headache of trying to manage several passwords, phone numbers, and policy fine print.
Making the Most of Your Time
Having all your insurance with a single agency will also save you time. Your agent can find the ideal bundled policies for you, based on your preferred coverage and criteria. This saves you time from trying to obtain different rates and quotes. Bundling insurance will also save you time when processing a claim – if an incident involves both auto and home insurance, for instance, you’ll only have to call one phone number for both.
Peace of Mind
By bundling with an independent agent, your agent becomes attuned to your range of insurance policy needs. Because they have a full view of all your policies, they can pinpoint any gaps in coverage and recommend umbrella policies, so you’ll be fully protected. Plus, working with an agency that has access to an array of different insurance providers, from Chubb to Safeco, can give you the peace of mind you’re getting the optimal coverage.
Bundling With an Independent Insurance Agent Like Muller Insurance
It’s important to choose an agency that has access to a wide variety of insurance companies and coverage. The advantage of working with an independent insurance agency is that it will have a range of insurance companies at its fingertips, each carrying a wide line of policies. This enables you to bundle all policies from personal to business, from renters to commercial property insurance. What’s more, independent insurance agents aren’t limited to offering plans from a specific insurance company, so you know they have your interest in mind.
For over 100 years, Muller Insurance has been helping individuals and companies navigate the insurance industry, finding the policies and coverage that work for them. We’ve built a solid reputation for saving customers money by bundling and being there when you need your policy coverage the most. Muller Insurance serves clients in New Jersey, New York, Connecticut, and other states. Let us review your current renters, homeowners, or auto insurance policies and provide bundled options – contact us today to get a quote.