Application Process
How do I bundle home and auto insurance?
Get a combined quote from a single carrier for both policies, verify the bundled total is lower than buying them separately, and switch both at the same time — bundling typically saves 5–15% on each policy.
The full picture
Multi-policy (bundle) discounts exist because insurers reduce administrative overhead when one customer holds multiple policies. The III identifies bundling as the most consistently available discount in homeowners insurance, with savings typically ranging from 5–15% on each policy.
Step 1 — Gather your current policy details
Before calling any insurer, have both declarations pages in hand. Note your current coverage limits, deductibles, and any endorsements. You need these to ensure any bundled quote matches your existing coverage — a lower bundled premium that achieves savings by reducing coverage isn't a real win.
Step 2 — Get bundled quotes from 3–4 carriers
Request bundled quotes — both policies together — from multiple carriers simultaneously. Ask each carrier to quote with identical coverage limits to your current policies. Some carriers are stronger on auto, others on homeowners — the bundle discount at one carrier may not overcome a disadvantage in base rates compared to another. The combined premium matters, not the individual policy discounts. ClearValue Insure's coverage comparison lines up bundled auto+home options from multiple carriers.
Step 3 — Verify the bundled total beats unbundled alternatives
It's possible — though uncommon — that buying each policy from a different specialist carrier is cheaper than any bundled option. Check: the best standalone auto quote + the best standalone home quote vs. the best bundled quote. Whichever combination is lower wins.
Step 4 — Switch both policies at the same time
Bind the new carrier's bundle on the same start date for both policies — same day as your existing policies end (or on a chosen overlap date). Cancel both old policies in writing and request refunds of unearned premium. Notify your mortgage lender of the new homeowners insurer immediately — lenders require this for escrow accounts.
Watch for these traps
- Coverage mismatch: some carriers reduce dwelling coverage or liability limits to show a lower bundled price. Compare apples to apples.
- Claims handling quality: a carrier with poor claims reviews isn't a good deal at any price. Check your state DOI's complaint ratio data.
- Rate stability: some carriers offer low introductory rates that rise sharply at second renewal.
Bundle discount facts
- The III identifies multi-policy discounts as one of the most reliable ways to reduce both homeowners and auto insurance premiums — typically 5–15% on each policy. — III — Homeowners Insurance Basic Coverage
- Mortgage lenders require notification of any change in homeowners insurer and will force-place their own insurance if coverage lapses. — CFPB — Homeowners Insurance and Mortgages
Key takeaways
- Get bundled quotes from 3–4 carriers with identical coverage limits on both policies.
- Compare the combined bundled premium vs. buying each separately — bundled usually wins, but verify.
- Switch both policies on the same start date; cancel old ones in writing after new coverage is confirmed active.
- Notify your mortgage lender of the new insurer immediately.
- Check claims-handling quality via state DOI complaint ratios — price alone isn't the full picture.
Published 2026-06-03 · Updated 2026-06-03 · https://clearvaluelending.com/answers/how-to-bundle-home-and-auto-insurance