Home & Auto Discount Percentage?

Jun 18, 2016

  1. ICACharleston
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    ICACharleston Expert

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    I dropped Nationwide Auto coverage last year, kept the homeowners'. Just got the Homeowners' renewal, went from $9xx to $14xx. CSR said because of home & car discount. Is that the usual discount?
     
  2. The Colonel
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    The Colonel Super Genius

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    ask ur nationwide agent. Was the annual auto savings greater than the lost home discount?
     
  3. djs
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    djs Super Moderator Moderator

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    The discount varies a lot by carrier and even by state with the same carrier, but 15-30% discount is pretty common. You are close to 30%, so it likely has a slight rate increase as well.

    As "The Colonel" said, you need to ask yourself if moving the auto insurance really made sense.... or shop the home policy.

    Dan
     
    djs, Jun 19, 2016
    #3
  4. dmetzger
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    dmetzger Expert

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    Travelers discounts the home by 30% when they write the auto. Move the home.
     
    dmetzger, Jun 20, 2016
    #4
  5. Andle
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    Andle Expert

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    Sounds correct to me. Time to move again.
     
    Andle, Jun 20, 2016
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