Carry multiple policies with the same provider
Insurance companies want your business and are willing to reward you for bundling multiple policies. Buying your home insurance and auto insurance from the same company can save you 30 percent in some instances, according to Brad Lemons, a vice president at Columbus, Ohio-based Nationwide Insurance.
Increasingly, insurance companies are throwing life insurance into the mix, which means you may be able to save even more if you have your homeowners, auto and life policies under one carrier.
"It's always good for consumers to look for companies that have the ability to meet all their needs both from an insurance and a financial standpoint," says Lemons. "The more you can get bundled, the more attractive it is to the consumer."
Not only will you save money, but you'll have more consistency in the way claims are handled and how you receive communications.