Pam's Insurance Site

About Me

Pam's Insurance Site

When I bought my first house, I was already going into a lot of debt. I didn't have the money to seriously insure it, so I bought only the bare minimum without consulting an insurance professional. That was a big mistake on my part. It could have turned out alright. That is, if my house hadn't been in the path of a huge storm. Huge gale winds knocked a tree down straight through my roof. My house was practically destroyed, and my minimal policy didn't cover nearly enough. I spent years and years trying to get myself out of that financial mess. Since then, I have always been very cautious in learning about insurance and talking to the real professionals.


Latest Posts

3 Key Insights When Buying Business Insurance
29 January 2020

If you own any sort of business, it's important to

What Happens If A Contractor Injures An Office Worker?
30 December 2019

If you're contracted to do work at an office build

An Overview Of Non-Owner Car Insurance
22 November 2019

As the name suggests, non-owner car insurance is c

What You Can Do If Your Auto Insurance Premiums Keep Rising
17 October 2019

When you get your auto insurance bill each month o

Anti-Theft Measures That Can Lower Your Insurance Premium
20 September 2019

One of the ways that auto insurance protects you i


Bundling: Why This Trend Has Hit The Insurance Market And What It Means For You

Bundling services has been a growing trend in many industries in just the last couple of decades. However, what most people do not realize is that bundling services started with the insurance companies over thirty years ago. Back then, insurance companies wanted to get people to buy more insurance for different coverages on everything people owned.

The marketing ploy of offering big discounts when consumers bought policies for their homes, cars, boats, etc., from the same insurance company worked! Bundling services for discounts was born. Now, insurance companies have taken this several steps forward. See what this means for you, the consumer. 

Up to Thirty Percent Discount

Some insurance companies offer up to a thirty percent discount on your car insurance when you also ensure your home with them. The discounts are layered further if you should choose to buy insurance to cover your RV, boat, motorcycle, second/vacation home, life insurance, or any other separate policy. Since this bundling discount is never separate from any other discounts you already qualify for, the final amount you pay for all of your policies across the board ends up being far cheaper than purchasing all of these policies individually, and from separate insurance companies. 

Pay Only One Convenient Bill

Just as you do with your telecommunications services that are bundled together under a single account, you only pay one bill with your bundled insurance policies. The only exception to this rule is when your home insurance is paid for via escrow, and in that case the insurance company bills your mortgage company for the home insurance only. You are responsible to pay any remaining premiums for policies under the bundled insurances. Some insurance companies will even offer you a discount if you opt to view and pay all of your insurance premiums online, a benefit a lot of people take advantage of because they already pay the rest of their bills online. 

Auto-Renew and Loyalty Discounts

Choosing to auto-renew your bundled policies often provides additional benefits, such as a discount for being a continued customer, and a continued discount for online billing and payments. Loyalty discounts may or may not accrue, depending on the insurance company's policy to pay consumers to stay with their company and products. At any rate, an auto-renew option means that your coverage never slips, and that your most valuable investments have continued coverage until you choose to cancel. 

For more information, contact companies like Angel Auto Insurance.