subject: Combine Your Home And Car Insurance And Get Discounts On Premiums [print this page] Next to getting a life policy, the home and car are two types of insurance coverages that are becoming an ultimate requisite. There are even people who will insure their homes and cars but never their lives. And would you insure both your home and car insurance under one company?
When you have different insurance policies, you definitely are having substantial expense- just on insurance alone, The total amount of premium which you have to pay develops into a kind of financial burden, Whether you pay your premium as a single payment or on monthly amortization of one year, still the financial burden can be felt. And do you know that you can make relative great savings if you will combine the home and the car insurance singly under one insurer?
There are companies that offer discounts on premiums when you purchase a policy for both the car and home insurance. The tight economic times will make you premium expense a burden. And any discount such as this will be a relief to the insurance client. Statistics disclosed that when you combine the car and home coverage, the total premium paid can be reduced to as much as 15 per cent. This offer can be due to competitiveness in the industry where a company can have more offers just to capture a big share in the warranty market.
Aside from the savings (which is every wife's objective) combining your home and auto coverage will give you other benefits, not in monetary consideration but in facility of monitoring purposes. Today, there are many security companies that provide this scheme which in close analysis is actually a marketing effort. With this single policy, you have only to watch for one maturity date. Then if premium payment is made monthly, you only have to monitor one payment date instead of two. Premium payment for the combined home and car is done singly.
What would be included in the coverage of your car and home insurance? Your home can be insured against fire, wind and such other damages that maybe stipulated in your contract. The contents of the house can also be insured against fire and theft. The car on the other hand can be insured against accident, especially liability, collision theft and vandalism.
The best way to get the best deal for your home cum auto insurance policy is via the internet. A great number of insurance companies catering to home and auto coverage are maintaining their own websites. There are portion in the website that will allow you for computation of premiums.
If you are conscious of procuring an insurance coverage for both your home and auto, search first the internet for premium estimates and quotations. Be sure to get a combined policy in order to get a better deal and lower insurance expense.
by: alona Rudnitsky
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