Bundling car and renters insurance is an easy way to simplify your insurance policies, but the savings may not be as much as you’d think.
Additionally, many insurance providers will also offer discounts on deductibles when you bundle insurance policies. For instance, MetLife offers an Auto and Home Grand Protect program that will allow you to pay just one deductible on your bundled policies should several insured assets bec...
If you have two insurance policies—homeandauto, for instance—purchased through two separate companies, you might be able to bundle both policies together through one company and reduce total monthly payments. Bundling can also be used to switch several payments into one, making bill payments more...
A method for bundling homeowner insurance and a home service contract includes providing a homeowner insurance policy on at least one property owned by a homeowner, and determining at least one home service contract based upon the at least one property owned by the homeowner. The home service ...
This could mean that a reinsurance company bundles its risk exposures across home, motor, life, and even corporate insurance and reinsurers the entire bundle on the same policy. Since different types of underlying risks are being bundled in such cases, it is called heterogenous bundling....
However, most firms are multiproduct firms and products or services are targeted to different customer groups. Consider the following home and auto insurance commercials:"Liberty Mutual customizes your car insurance so you only pay for what you need.""Could save up to 20 % by bundling their ...