Best Home and Auto Insurance Bundling Discounts in 2024

If you have car insurance, keeping your eyes open for discounts that can lower your premiums is a good idea. Of course, you may already know about standard discount options for your auto insurance — things like safe driving and low mileage. But homeowners may also save on coverage with a homeowners auto insurance discount.

How does this work? Let’s look at the basics of getting an auto insurance discount for homeowners and what options are most effective.

Bundle Your Policies to Earn a Homeowners Auto Insurance Discount

The simplest, most effective way for homeowners to compare auto insurance rates by vehicle make and model and save money is to bundle policies under the same insurance company. Many insurance companies offer both home and auto insurance policies.

Insurance companies want your business, so they offer discounts if you bundle both types of insurance together under their company. These deals help you save money on each policy and can make payments easier. Ask your insurance company about bundling policies and what benefits it offers.

If you aren’t sure what your homeowner’s insurance policy is or who your insurer is, examine your insurance premium documents for more information.

For More Auto Insurance Discounts for Homeowners, Prove You Own a House

This step sounds obvious, but it can help you save in many cases — even if you don’t save money by bundling insurance policies together. Auto insurance companies love to see signs of responsibility and stable finances.

That’s one reason they often offer discounts for good grades, too. Purchasing a home is another excellent sign that policyholders have it together. Simply showing you bought a house can be enough to lower auto insurance payments if you haven’t owned a home before.

Use Auto-Pay for Further Homeowners Auto Insurance Discounts

Even small steps like switching to an auto-pay model can help bring in discounts, especially if you are already bundling policies. For example, insurance companies offer discounts for autopay because it helps them ensure payments, even if policyholders forget or have an emergency.

That reliability is valuable to insurers, so they may offer discounts in return. Plus, you don’t have to worry about scheduling a payment every month as long as there is money in your chosen account.

Do security practices impact the cost of auto insurance for homeowners?

Did you know that homeowners and auto insurance can offer discounts for security measures like alarm systems or tracking devices? If you are planning a security upgrade, budget for devices for your house and car so you can save on insurance and security costs.

Always check with your policy to find out which types of security tech are verified to qualify you for discounts before you start.

Applying for an Auto Insurance Discount for Homeowners

Let’s go over a few more tips for getting that auto policy discount:

• Check your state: States have different rules on insurance, and some may offer homeowner discounts. Check your state regulations for more information.
• Put all your cars on one policy: Putting all cars in the family under one policy saves time and leads to additional discounts. Remember this step if you are recently married or combining assets with another person.
• Always ask for discount information: Discount details vary from company to company. Ask your insurance agent about the specific deals they offer for homeowners and how to qualify. You’ll need this information to compare auto insurance and make the right decision.

With a little preparation, you’ll be ready to qualify for auto insurance discounts no matter what details your insurance company requires.

The Bottom Line on Getting Homeowners Auto Insurance Discounts

If you’ve recently purchased a home, don’t forget to contact your auto insurance agent and discuss how this can affect your auto insurance savings. Or, if you’re buying a new car and thinking about switching your auto insurance, take a minute to compare quotes and find cheap auto insurance in your area.