If you get life, renters, and auto insurance is it cheaper than paying just auto through state farm in NYC?
My boyfriend and I opened a new account with State Farm in NYC. They said that it would be cheaper to go with the triple package of renters, life, and auto rather than just auto. Does anyone have insurance in NYC with State Farm and can anyone tell me if this is true of their situation? Auto insurance is really all we need right now but I am just surprised that it is cheaper with all three instead of just auto. Can anyone help me out with this one Please?
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I can?t speak for State Farm in NYC, but most companies do offer discounts if you have multiple policies. Usually, they give a percentage discount off of the policies.
For me, there have been a few times where the discount provided on the auto was actually more than the cost of the renter?s policy! So not only is the customer getting a ?free? renter?s policy, they save money on the auto as well. Talk about a no brain-er.
That being said, it is rare that this actually happens, and life policies are being underwritten by a completely different set of standards so I find it hard to believe you would get a discount on the life policy for having your auto with them. But again, I?m not a State Farm agent in NYC so I don?t know for sure.
Good question, star for you!
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