Can You Bundle Landlord Insurance With Other Policies For Discounts?

If you own rental property, you likely already have landlord insurance to protect your investment—but are you maximizing your savings? Just like bundling auto and home insurance, it’s possible to bundle landlord insurance with other policies for potential discounts and better coverage options.
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In this article, we’ll explore how bundling works, what policies you can combine, and how it can benefit landlords like you.

What Is Landlord Insurance?
Landlord insurance (also known as rental property insurance) is designed for property owners who rent out homes, apartments, or condos. It typically covers:

• Property damage (from fire, storms, vandalism, etc.)
• Liability protection (if a tenant or guest is injured on the property)
• Loss of rental income (due to a covered event that makes the property uninhabitable)

Standard homeowners insurance does not cover rental activities—landlord insurance is a must.


Can You Bundle Landlord Insurance?
Yes, in most cases, landlord insurance can be bundled with other personal or commercial insurance products. Insurers often reward policyholders who consolidate their coverage with multi-policy discounts.


What Can You Bundle It With?
Here are some common policies landlords can bundle with landlord insurance:

1. Personal Homeowners Insurance
   If you live in one home and rent out another, bundling your homeowners policy with your landlord policy can lead to savings.
   
   
2. Auto Insurance
   Many insurers offer discounts when you combine property and auto insurance—even if the property is a rental.
   
   
3. Umbrella Insurance
   An umbrella policy offers extra liability protection and can be bundled to increase overall policy efficiency and reduce premiums.
   
   
4. Multiple Landlord Policies
   If you own more than one rental property, bundling them under a single provider or master policy can lower your costs and streamline coverage.
   
   
5. Business or Commercial Insurance
   For those with LLCs or real estate portfolios, bundling business policies (like general liability or commercial property insurance) can yield savings and simplify claims.

Benefits of Bundling Landlord Insurance
1. Multi-Policy Discounts

• Save anywhere from 5% to 25% on premiums (varies by insurer)
• Lower combined premium than separate policies

2. Simplified Billing

• Manage one account instead of multiple policies
• Single renewal date = fewer missed payments

3. Better Customer Service & Claims Coordination

• Easier to coordinate claims when dealing with one provider
• Dedicated account reps may offer faster service

4. Policy Enhancements

• Some insurers offer perks or enhanced coverage limits when you bundle
• Potential for fewer exclusions and gaps in coverage

Important Considerations Before You Bundle
While bundling offers clear advantages, it’s not always the best option for every landlord.

Ask Yourself:

1. Are you sacrificing coverage for cost?
   Make sure bundled policies don’t offer reduced protection.
   
   
2. Are all policies competitive individually?
   Sometimes, the best deal on one policy may be with another carrier.
   
   
3. Are the insurers reputable and financially stable?
   A discount isn’t worth it if service is poor or claims go unpaid.

Steps to Bundle Smartly

1. Review Your Current Policies
   Know what you have and what’s missing in terms of coverage.
   
   
2. Contact Your Insurance Agent or Broker
   They can recommend custom bundles based on your property type and goals.
   
   
3. Look for Hidden Fees or Reduced Coverage
   Read the fine print before switching or consolidating policies.
   
   
4. Reassess Annually
   Property values, tenant types, and liability needs change—so should your coverage.

Final Thoughts
Yes, you can bundle landlord insurance with other policies—and doing so may offer real financial and administrative advantages. But bundling isn’t one-size-fits-all. The key is to work with a knowledgeable agent who can help you compare bundled vs. standalone policies and ensure you're getting the right protection at the best value.

At Harvest Insurance Group, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get insurance that fits your needs. Get in touch with our company at (940) 441-7157 to learn more about our offerings. Today, by CLICKING HERE, you may get a free estimate.

Disclaimer: The information presented in this blog is intended for informational purposes only and should not be considered as professional advice. It is crucial to consult with a qualified insurance agent or professional for personalized advice tailored to your specific circumstances. They can provide expert guidance and help you make informed decisions regarding your insurance needs.​