Bundling home & auto insurance in Florida

Bundling is purchasing your homeowners and car insurance from the same company. Rather than juggling two different bills from two different insurers, you combine them into a single account. This is often the simplest way for Floridians to unlock a significant discount, lowering the total price you pay for insurance. It also makes policy management easier by giving you one digital login, one team to call for any questions, and often a single due date for your bills and renewals.

You can start a bundle by asking your current insurer to quote the other side of your coverage. For example, asking your auto insurer to price out a homeowners policy. You may also find value in contacting new providers to get a quote for a full package. This lets you see if a combined rate is more affordable than your current separate plans. Most companies can handle adding coverage to your existing policy or setting up new coverage entirely online or over the phone.

Beyond the standard house and car pairing, Florida insurers often allow you to group several types of protection under one roof. Depending on what the company offers, you might be able to bundle:

• Home and auto: Grouping homeowners, condo, or renters insurance with your auto, motorcycle, or RV coverage.
• Liability boost: Adding an umbrella policy to provide an extra layer of liability protection over your existing plan(s).
• Other vehicles: Linking a boat, personal watercraft, or golf cart policy to your main account.
• Life coverage: Combining a life insurance policy with your property coverage.

Because Florida insurance rates can be higher due to tropical weather risks, bundling is a powerful tool for lowering your annual costs. On average, combining these policies results in a 5% to 15% discount on your total premiums. While a smaller group of insurers might offer savings reaching 20%, the exact amount depends on the company you choose, your specific location, and the value of the items you are insuring.

No, bundling doesn't change the "what" or "how" of your protection. Your home and car remain separate legal contracts with their own coverage limits, which is the maximum amount the insurance company will pay if you have a loss. Your car insurance still handles vehicle-related issues, while your property policy protects your living space and belongings. The only real change is the convenience of a combined bill and a potential discount.

You don’t have to wait for your current policy to end. Florida residents can switch to a bundle whenever  — even mid-term. Just ensure your new bundle starts the moment your old policies end to prevent a gap in coverage, as insurance lapses can lead to higher rates later.

If your insurance is paid via an escrow account (where your mortgage lender handles the payments), remember to notify your bank as soon as you switch companies. This ensures your mortgage company sends the payment to the right place so your home stays protected.

The vast majority of people who own or rent a home and have a vehicle are eligible. As long as the policies are linked to the same account and household, the discount is typically applied to your total bill.