It’s good practice to regularly check that you’re getting the best deal for your insurance, that you aren’t missing out on ways to save money and that you’re still enjoying the peace of mind that comes with the right cover.
People often get different insurance policies with various companies in order to find the right price or exactly the right deal for them at the time, which is fine if you have plenty of time to open extra bills and keep track of what you are paying for and where. If you’re the busy kind of person who is looking to streamline your life and save on insurance, bundle insurance deals might be the solution.
What are the benefits of bundling your insurance?
One of the greatest benefits of bundling your insurance products is that it often saves you money. Selling you more than one product in a bundle is to the benefit of insurance companies, as it costs them less to acquire new customers and go through a whole new underwriting process. Bundling options also help build good relationships with customers, improving loyalty to a company. For this reason, insurance companies can shave off a little of your premium.
You can also save money with insurance bundles in the long-term, if you have the unfortunate event of having to claim for more than one item (say, both your house and car after a fire). If you have a home and car insurance bundle, you’ll only need to pay one excess in this case, instead of two.
Convenience is an advantage too: bundling reduces the amount of paperwork you need to deal with and also means that you can manage your policies more conveniently, as they are under one umbrella. This saves you time and as we know, time is money.
How to save on insurance with insurance bundle deals
Even if an insurance bundle deal seems convenient and cost-saving, be sure to shop around as you usually would to compare prices, premiums and cover to find just the right product for you. Check that the bundle deal includes all the cover you require. Do an annual assessment of your insurance to ensure you’re consistently getting the best deal for your needs.
At Budget Insurance we’re constantly looking for ways to help our clients save money and time and simplify their lives. This is why we have introduced our save-a-bundle insurance bundle deal, which allows you to package your vehicle insurance and home contents insurance together, as well as a number of other combos, and save money in the process.
Discounts are subject to combination policies. Standard product terms and conditions apply. Budget Insurance Company is an authorised financial services provider with FSP number 18178.