Multi-policy discounts of 10-25% sound great — until you discover that your 'discount' is hiding an overpriced policy underneath. 38% of bundled homeowners pay more than if they'd shopped each policy separately.
Every insurance carrier pushes the multi-policy bundle: combine your auto and home insurance for a 10-25% discount. It sounds like a no-brainer. And for many homeowners, it genuinely saves money. But here's what the industry doesn't advertise: 38% of bundled policyholders are paying more in total than they would with two separate, competitively priced policies. The 'discount' creates a psychological anchor that stops you from shopping — which is exactly the point. Your home insurance carrier may not be the best auto carrier for your profile, and vice versa. Here's how to tell if your bundle is saving you money or costing you money.
Every insurance carrier pushes the multi-policy bundle: combine your auto and home insurance for a 10-25% discount. It sounds like a no-brainer. And for many homeowners, it genuinely saves money. But here's what the industry doesn't advertise: 38% of bundled policyholders are paying more in total than they would with two separate, competitively priced policies. The 'discount' creates a psychological anchor that stops you from shopping — which is exactly the point. Your home insurance carrier may not be the best auto carrier for your profile, and vice versa. Here's how to tell if your bundle is saving you money or costing you money.
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