We all have many insurance needs—health insurance, car insurance, home insurance, life insurance, and others. When you’re buying insurance, you need to take a holistic look at all your needs. That’s why it makes sense to have all your insurance with one company—to ensure that they see the whole picture, taking into account your lifestyle, your potential liabilities, and what you can afford. In the insurance world, buying multiple politics with one insurance company is known as “bundling.” In particular, there are many advantages of bundling home and auto insurance. Common benefits include saving money and the convenience of working with one insurance agent who can bundle everything for you into one package. The discounts that are available can be quite substantial. If you obtain home and auto insurance with one company they can offer discounts across multiple lines of insurance. For example, in California, one study found that drivers could save almost 15 percent by bundling, which amounts to $259 for an average home and auto policy cost of $1,749. In Rhode Island, the discount rate could be even higher—an estimated 25 percent, according to one financial savings site. There’s another obvious reason to go with one agent. If…

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