Insurance is a must to protect you against a number of risks, such as an unexpected accident, or more tangible assets such as our homes, cars and possessions. But this doesn't mean you shouldn't take every opportunity to save on your many premiums. One of the many ways you can save money is through an insurance package. We'll tell you how to do that in this article.
Benefits of an insurance package
When you take out an insurance package, you have all your insurance policies in one place. It is convenient that you only have one point of contact when you need to make a change of address or report damage. So you save time and avoid unnecessary hassle. There are also several ways you can save. The more insurance you include in your package, the more you save by taking advantage of a discount on the total premium. But everything is on one policy, so you only have a debit once a month.
An insurance package is useful
An insurance package makes policy management easier, saves paperwork, saves you time remembering credentials and passwords, and reduces the inconvenience of communicating with multiple insurance companies across multiple policies. It also reduces the time you spend talking to contacts about changing or supplementing existing insurance policies. If the contact already knows who you are and is aware of your situation, it should be a seamless process when you need to add other types of insurance, apply discounts, or add notes to an insurance policy.
Take out the insurance policies you really need
More is better right? Not necessary! There are many insurance policies, and some may not apply to your situation or needs. With an insurance package, you choose which insurance you want to take with you, so that you have a tailor-made insurance package. For example, you can choose to include your car, bicycle, household effects and liability insurance in your package insurance. The premium for package insurance will be lower than the premiums to be insured separately.
Compare first but save time
Even if you've compared insurance policies in the past, that doesn't mean your chosen insurance company will still give you the best rate you could potentially qualify for. By comparing different insurance policies with different providers, you can potentially save a lot of money. But that takes a lot of time if you have to approach each insurer yourself. So it is best to compare all insurance policies in one place such as Comparedirect.com. You can put together your all-in-1 insurance there yourself, and you can choose from more than 10 insurers for your package insurance. And, you only have one contact person in case of damage and you only have one monthly debit.
The bottom line
By combining all your policies in one insurance package, you can save money compared to a situation where you take out insurance with different insurers. So, less time you have to spend looking through all the policies and paying the premium. And as they say, time is money. It also means that you do not double insure anything and that you do not forget anything. And you are properly insured in one go at a competitive price, and an annual check is made to see whether anything has changed in your situation.
