When you buy a home and take out a new insurance policy it may have some effect on your car insurance. Bundling your car insurance and home insurance is one way to save money and receive discounts from your insurance company. But the insurance company will look at several factors of your new home to determine your new rates, whether your insurance is going up or down, or if you need special provisions in your policy.
Most people call their current car insurance company when they buy a home, and don’t understand that there is no better time to shop for a new insurance quote. Because now you will need both car insurance, and home insurance you may be able to save hundreds if not thousands of dollars on your insurance every year.
Watch this episode with mississauga real estate agent Joe Terceira and insurance broker Robert Atto of Atto & Associates where he will talk about how your new home insurance effects your car insurance on Real Estate 101
For more information on home insurance or for a free home, auto, commercial, travel, or life insurance quote contact Atto & Associates:
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Joe Terceira / Sales Representative
Right At Home Realty Inc. Brokerage