How Bundling Home and Auto Insurance Can Save You Money in Alberta

Insurance costs in Edmonton, Alberta – especially auto insurance – are amongst the highest in Canada. Homeowners and drivers are always looking for ways to cut expenses without cutting coverage. One of the smartest ways to do that is through bundling. At A-kan insurance, we help Albertans reduce costs and save money by combining their home and auto insurance and put them in one package. 

So, what does bundling actually mean? Let’s find out before diving into the benefits.

Insurance bundling refers to the practice of combining insurance policies – such as home and auto insurance – under one provider. Essentially, it is a package deal provided by insurers. The best part is that most insurance companies offer discounts on bundling. So, it’s mutually beneficial to you and the insurer because you get a reduced rate, and they secure more business from you!

It’s important to understand how bundling home and auto insurance can be beneficial to you and help you cut down costs.

• Insurers reward loyalty

Most clients end up saving between 10-25% in their packages just through bundling. With such money saved, it is possible to reinvest in business and gain personal financial security. At A-Kan, we are able to negotiate competitive prices with our broad network of insurers across Alberta and Ontario, without compromising on coverage quality.

• Reduced administrative costs

When your different packages or insurance are from different providers, they will both have their own set of documents, customer service contact, billing systems, etc. Which means more manpower, paperwork, and effort. But if you bundle your home and auto insurance policies, they are both maintained under one single account, which reduces administration hassles, less room for errors, and reduced duplication.

• Stable coverage

When you bundle your insurance, your coverage automatically becomes more stable as everything is managed by one provider. This reduces the chance of overlaps and gaps between policies. It also means that your policies are renewed together, so there’s no risk of one expiring before the other, and you are less burdened with keeping track of different accounts.

• Faster claims processing

Claim filing just got easier. Since you already know that your policies are under the same provider, insurers already have a record of your details. This speeds up your verification process and helps you get compensated faster. In case of an unexpected event, a smooth filing process means less stress, less waiting, and more peace of mind.

• Better experience

With insurance brokers in Edmonton like A-Kan, you are guaranteed dedication, excellent service, access to mindful advice, ongoing policy reviews, and individualized attention. We are aware that customer needs are unique and differ across multiple aspects, which is why we take time to customize a tailored approach that suits your needs, lifestyle, business goals, and financial goals.

To conclude,

You have now understood that bundling your insurance isn’t just about saving money, but about stability. All the benefits listed make managing your package easier than ever. 

Ready to make a smart switch? Contact us to explore your bundling options and protect your home and car under one roof!