Do you have to consolidate your insurance contracts?

Health Insurance, Home Insurance, Car Insurance, Borrower Insurance, School Insurance, Smartphone Insurance All have a strong argument to encourage you to consolidate your insurance contracts: a price reduction. Indeed, there are many insurers that offer a degressive rate based on the number of contracts signed with their company. Specifically, you could benefit from a 10% discount on all of your contracts, as long as at least three separate contracts are in the same agency.

A second argument will also echo for many policyholders who get a little lost between their various contracts: simplification and proximity. It is true that having one and the same interlocutor for all matters concerning his insurance can be a plus. You are no longer a lambda client to advise him, but a premium client. A relationship of trust can be easier to set up. Admittedly, despite its advantages, the grouping of insurance contracts still has some drawbacks, or at least points of vigilance.

Grouping your insurance contracts does not allow you to take advantage of the specialties of each insurer

So some insurance companies specialize in car / motorcycle insurance, others show all particular performance in the field of home insurance. D’autres encore can develop interesting products in terms of rates and guarantees for ditch insurance or borrower insurance. In short, you have included, every insurance has its specialty, and no company can be more attractive in all these activities that have very distinct realities.

By consolidating your contracts, you risk losing the strength of each insurer. In other words, you can’t take advantage of the best value for money offered by various companies that specialize in a specific industry. If you can be very well protected by a professional who offers the best motorcycle insurance contractyou will probably be less for your home, unless you ask for additional guarantees, more that would naturally increase the price and lose the benefits of grouping insurance contracts.

Grouping your insurance contracts encourages you to select contracts that are less suited to your needs and profile

In order to benefit from the preferential rate involved in grouping your insurance, you sometimes choose a default contract, one that allows access to a particularly attractive price. A health care contract, for example, that meets the needs of his family, for example, should be given special attention. Depending on the health problems of the family cell members, certain guarantees will have to be finely selected, especially in terms of optical frequency and dental care, always very little in charge for Assurance maladie. When it comes to car insurance, the profile of policyholders must be taken into account. For example, based on the date she records her electric cars, the Tesla brand wants to replace insurers to offer more advantageous insurance policies to drivers of their cars, as they are considered to be drivers of low accidental risk. Proof that everyone has arguments to make to their insurance company.

Consolidating your insurance policies can be detrimental in the event of past claims

With several accidents on the meter, the malus raises the price of car insurance, but it remains obligatory. Actually, driving without insurance is a scourge that ruins lives. In this case, it is better to separate the insurance contracts. Because with several registered car accidents, the insurer may not be able to take advantage of attractive rates on your other contracts, due to the risk associated with your profile. If you multiply the hooks, you may also break your smartphone regularly or forget to turn off the tap, causing water damage. In any case, this is the conclusion that your advisor can draw. It will therefore be better here to separate car insurance from other contracts.

In general, consolidating your insurance ultimately prevents you from competing, which is the best way to find contracts with the best price-guaranteed guarantees.

(By the writing of the agency hREF)

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