Paying for two separate policies on a monthly basis can be painful. If you’re looking to save money, combining auto insurance and homeowners insurance with a multi-insurance policy may lead to significant savings and a more manageable budget. Multiple policies, which usually combine auto insurance, homeowners insurance or other insurance policy types, may lower your monthly insurance bill by a significant amount. Many insurance companies provide discounts if you insure more than just car insurance with them. These insurers are able to secure more business through the same clients who, in exchange, receive discounts, in addition to convenience.

Since many multi policies can be combined onto one monthly bill, policyholders can have a streamlined process without having to repeat steps for each individual bill. In addition to the financial discounts, this will save them time, stress and even money on stamps.

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