How to Save on Home and Car Insurance

The benefits of bundling your insurance policies

When it comes to purchasing car insurance and house insurance in Edmonton, shopping around for the best price between different companies always seems like the best idea. The reality though is that there are multiple benefits to keeping all of your policies under a single company, even if you find a different one with less expensive rates. At Drayden Insurance, we work hard to provide you with the best rates on your auto and homeowners insurance. Let our brokers show you the benefits of bundling your insurance policies.

What is bundling your insurance?

Bundling your insurance is when you purchase multiple policies from a single company. Instead of going to multiple insurance providers, all of your policies would be centralized with a specific company.

It offers a significant discount

When you decide to purchase two or more insurance policies with the same company, they will often offer discounts of up to 20%. Say for example you are shopping for both homeowners insurance and car insurance. These policies individually from two different companies cost $1200 and $800. If you were to purchase them from the same company, they might cost $1600 together instead of $2000. If you don’t own a home, you can still receive these discounts for multiple car insurance policies or even combinations that include renters insurance, but the discounts are not as significant.

It’s convenient

Having your insurance centralized with one provider is incredibly convenient. You have the option of one monthly payment and the same renewal dates. In some claims instances companies will also allow you to pay only one deductible, instead of one for each policy.

If you’re looking for trustworthy insurance brokers in Edmonton, contact the offices of Drayden Insurance. We always look out for the best interest of our clients and provide professional advice. For the best price on your auto and home insurance, don’t hesitate to make an appointment.