National Insurance Companies are beginning to ‘strongly encourage’ North Carolina customers to bundle their insurance needs, or face the possibility that they may be dropped. Most insurance companies are no longer writing just homeowners policies in North Carolina.
To entice NC homeowners into purchasing policies, rates have been decreasing for years.
The losses suffered by insurance companies for these discounts has hit an all time high. To combat the losses, insurance companies are increasing their rates or getting rid of discounts. Even though there is that possibility that bundling may be a requirement in the future, there are many reasons it pays to do it.
1. Cost savings. Often you will find reduced premiums when you bundle, up to 30% for most people. Insurance companies offer a discounted rate for automobile insurance when you allow them to insure your home.
2. Efficient. You will only have to deal with one insurance company and one independent Agent. Having one independent Agent handle all of your needs is efficient.
3. Better protection and coverage. One independent Agent can make sure all of your assets are well protected. An informed Agent will be able to help you properly insure your home and automobiles.
4. Strength in numbers. Having bundled insurance will allow one independent Agent to help you if several of your assets are damaged in one incident.
5. Personal touch and understanding. Having a personal relationship with your independent Agent makes a huge difference in service. When you have a need, won’t you prefer to speak to someone who knows you and understands all of your assets?
Bundling your insurance needs is easy and practical.
Contact us today at 704-684-0082 for help bundling all of your insurance needs or complete our online quote forms.