Monthly Archives: November 2014

Can You Really Save Money by Bundling Your Insurance?

I was watching a ball game the other evening and one of those insurance commercials came on. It was talking about how you can save money if you use Home Insurance and car insurance bundles. I really do not know, but I got to wondering. Can you really save money by bundling your insurance? It is not as though I ever really looked in to it. It seems as though the insurance companies would give you a much better deal on the theory that they are getting more of your money in the end. If they sell you all of the different types of insurance that you get, then they are perhaps assuming a great deal more risk, but I guess that they are spreading it around a bit more as well. I am not really sure how that works to tell the truth. I know that those guys have charts that they use to figure stuff out like rates.

That is why they can figure out what the other guys will charge you I guess. They know what they charge based on the charts and it is all relative. If you are a fifty year old guy in good health who does not smoke, then you get this rate. A younger guy in bad health might get a different rate and so on and so forth. At any rate you have to figure out what they will charge you and then figure out what you save based on that. Of course the type of car you have matters. A young guy with a fast car is a recipe for a really high insurance rate, because every one with any sense knows what a young man wants with a fast car. He is going to see how fast it is and it’s going to mean trouble.