A bundle insurance policy typically includes a minimum of home insurance in Ann Arbor, MI along with automotive coverage. Consumers also may be able to bundle a boat and motorcycles into the policy. Policyholders enjoy significant discounts this way instead of having separate coverage for each item.
Relevant Research
Research by data analytics company J.D. Power found that consumers are more satisfied on average with bundle policies. Although consumers report very high satisfaction in general with their home insurance policies, satisfaction increases when other possessions are bundled in. People appreciate saving money with this strategy and not having to pay several different bills.
Independent Agents
Men and women shopping for home insurance in Ann Arbor, MI find working with independent agents convenient because they can receive quotes from multiple companies. They don’t have to contact several agencies directly representing those companies. Independent agents help customers decide which coverage best fits their specific needs.
Another consideration is that sometimes one possession might actually be less expensive to insure outside a bundle policy. Also, depending on the circumstances, some insurers don’t offer full replacement cost for a home. An example is a mobile home. Many insurance companies define this as a depreciating vehicle instead of a permanent home.
An Additional Recommendation
The J.D. Power research offered additional recommendations when buying insurance. It’s crucial to fully understand what the policy does and doesn’t cover. For example, the cheapest home insurance policy might not fully cover the replacement cost of antique furniture, valuable artwork or expensive jewelry.
Information about an independent insurance agent in this area can be viewed at Website Url.
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