Customers can save between 3 percent to 22 percent by buying multiple kinds of insurance from the same company. Kayda Norman writes: “Customer turnover is expensive for insurers. Insurance companies want to keep their customers for as long as possible and want them to purchase multiple products from them. Giving loyal customers a lower premium enhances customer satisfaction and promotes long-term relationships.” For the largest discount, consider bundling your auto and home insurance together to get around 20 percent discount. You can also benefit by not having to deal with separate bills and insurers. (quotewizard.com)
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