Should You Bundle Your Home and Auto Insurance?
What You Should Know
Contents
If you’re a homeowner or a driver, you already know how important it is to carry the right types and amounts of insurance coverage. Homeowners insurance and auto insurance protect your finances from unexpected events — like storm damage, accidents, theft, and more — so you can move forward with peace of mind.
Unfortunately, while it’s necessary, coverage can also be expensive. According to Matic’s research, the average cost of a new homeowners insurance policy in 2025 reached $1,951 — an 8% increase over 2024, after already jumping 18% the year prior. And that doesn’t even include car insurance rates, which NPR estimates have increased 55% since 2020.
As a result, many of us are on the lookout for ways to lower our insurance costs. Bundling your home and auto policies can be one way of getting lower costs without sacrificing on coverage.
Below, we explain what bundling is and the different types of policy bundles that may be available to you. We also review the benefits that bundling policies can offer, walk you through the steps of bundling your home and auto coverage, and answer other common questions you may have so you can make an informed decision.
What is bundling?
In the context of insurance, bundling is simply the process of buying two or more insurance policies from the same carrier. Because this lowers the carrier’s costs (for example, the cost of acquiring new customers) they will often offer special discounts for bundling that can dramatically reduce your cost of coverage.
When most people talk about bundling their insurance policies, they are talking about bundling home and auto. But, depending on your carrier, you may actually be able to bundle a wide variety of different policies. Some other examples include:
- Renters and auto coverage
- Auto and recreational vehicle (boat, RV, motorcycle, etc.) coverage
- Home and life coverage
- Home and umbrella coverage
- Business and auto coverage
Is it possible to bundle policies from more than one insurance company?
Yes, but it depends.
Bundling, by its strictest definition, requires that you purchase multiple policies from a single insurance provider. But if you are purchasing insurance through an insurance broker, agent, or advisor, it may be possible for them to help you bundle policies from different providers. This may be called multi-carrier bundling or mix-and-match bundling.
For example, here at Matic you can bundle your home and auto policies with a single carrier or mix and match from 60+ A-rated carriers to maximize savings.
With mix-and-match home and auto bundling, you can sometimes see even greater savings than bundling through a single carrier. Likewise, if you already have coverage that you like — for example, you’re happy with your homeowners insurance provider, but not your auto insurance — mixing and matching means you can keep your preferred coverage while still potentially seeing some cost savings.
Benefits of bundling your home and auto coverage
If you have home and auto insurance with separate carriers, you may be wondering whether bundling is worth the effort of reshopping your coverage. The truth is, bundling can offer meaningful benefits for many policyholders.
Deductible savings
Imagine a covered event that damages both your home and vehicle, like a house fire that also damages your car. If you have policies with separate carriers, processing your claim could get complicated, and you’re likely to owe a separate deductible for each policy. With a bundle, you’re often dealing with a single carrier, which can streamline the claims process. You may even need to pay just a single deductible instead of two — though this will depend on the terms of your policy.
Simpler shopping
Bundling your home and auto policies can dramatically simplify your shopping process. After all, buying two policies from a single carrier will naturally be more streamlined than buying from two.
But that doesn’t mean you should be settling for inferior coverage — or more costly premiums — just to avoid shopping around. Your primary goal should be making sure you have the right types and amounts of coverage, at the lowest possible rates, whether that means bundling or buying from different carriers. While bundling with a single carrier can save you money, mixing and matching policies between carriers may be able to save you more.
Easier bill management
When you bundle your home and auto policies through a single carrier, it can make for easier bill and account management. That’s because you’ll only need to open a digital account with one carrier instead of two. Likewise, you’ll have a single bill — and due date — to remember to pay. And if you need to update account details like your phone number, payment details, etc., you’ll only have to do it once instead of twice.
How to bundle your home and auto insurance
Whether you are buying insurance directly from a carrier or you are working with an insurance agent or broker, you’ll need to follow the steps below to purchase and bundle your home and auto policies.
1. Evaluate Your Coverage Options
The first thing you’ll need to do is find the carrier or carriers that are right for you.
If you’re working with an agent or broker, they can help you mix and match policies to get the right coverage at the lowest cost — even if that’s with separate carriers.
If you’re shopping around yourself, you’ll want to select a carrier that you trust, and that you know will be able to pay your claim no matter what. With this in mind, look for an A-rated carrier that can provide the coverage you want at the lowest cost. Don’t be afraid to inquire about homeowners insurance discounts or auto insurance discounts that may stack on top of your bundling discount.
2. Submit an application
Next, you’ll need to submit a formal application for coverage. In this application, you’ll typically need to provide information about:
Your name, address, contact information, gender, driver’s license, taxpayer ID, etc.
The year, make, and model of your vehicle; its VIN number; whether you own, lease, or finance the vehicle; how much you anticipate driving; etc.
Including the year it was built, its square footage, roof age and type, construction materials, safety features, upgrades, and more
What types and amount of coverage do you want or need?
A lower deductible will typically lead to more expensive premiums, while a higher deductible can reduce your monthly costs.
If you’re working with an agency (such as Matic), they will be able to guide you through this process. Once your application has been submitted, it may be approved in as little as a few hours or a few days depending on your carrier.
4. Cancel your existing coverage (if applicable)
If you are buying both home and auto insurance for the first time, you can skip this step. But if you already have coverage and are switching carriers, it’s an important one to remember.
Once you are certain that your new policies are in effect and that you have coverage, you can go about cancelling your existing (old) policies. To do so, you’ll likely need to contact your carrier. If you are canceling in the middle of a term and have paid in full, you may also be entitled to a partial refund, depending on how much time is left on your policy.
5. Don’t settle once you’re covered
Congratulations, you’ve bundled your home and auto policies! But that doesn’t mean you should never think about insurance ever again. While sticking with the same carrier over the long term can have some benefits — like a loyalty discount — it can also be a good idea to re-shop your insurance every couple of years to make sure you are getting the best deal. Even if you don’t ultimately make a switch, it’s good to know that you aren’t leaving money on the table.
Is bundling home and auto right for you?
At the end of the day, only you can decide whether a home and auto bundle is right for your needs. Even if you choose not to buy both policies from the same carrier, using an insurance broker or agent to mix and match policies from different carriers can help you take advantage of many benefits that bundling has to offer.
The good news? Whether you’re looking to bundle or mix and match, buying coverage doesn’t need to be difficult. With Matic, you can shop for the coverage you need at competitive rates from our network of 60+ A-rated carriers. All it takes is a few minutes and a few questions.
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