Liberty Mutual Auto And Home Insurance: The Benefits Of Bundling

Liberty Mutual offers customers the option to bundle their auto and home insurance. This means that customers can insure their auto and home with the same company, saving them money and providing the convenience of managing both policies in one place. Liberty Mutual also offers bundling savings when customers combine their auto insurance with other products like renters, condo, or motorcycle insurance. The amount saved depends on the customer's unique policy, but on average, new customers save over $950 per year when they bundle their home and auto insurance.

Liberty Mutual's app

The Liberty Mutual app allows users to access their ID cards with one touch. You can also manage your policy or claim from anywhere, at any time. The app offers a safe driving program that rewards users in select states. It also allows users to sign up for paperless billing, Autopay, and push notifications. The app makes it easy to add drivers, update mortgage lenders, and make other policy changes. Users can also access and electronically sign important documents and chat with customer support.

The app also offers on-the-go help in moments that matter. With just a tap, users can call for emergency Roadside Assistance, file a claim, and get real-time status updates. Users can upload pictures of damage and quickly get a repair estimate. They can also schedule a damage review or request a rental vehicle. The app allows users to view estimates, track repairs, and review claims payments.

The Liberty Mutual app also includes the ErgoValuatorTM feature, which helps policyholders protect their workers from overexertion injuries. By superimposing a wireframe skeleton over the image of a worker performing a task, the app shows how the task stresses the individual. It also reports the percentage of the population that can safely perform the task. This allows employers to adjust the task and confirm that it can be performed safely by more employees.

The Liberty Mutual app is available on iOS and Android devices and can be downloaded from the App Store or Google Play.

Discounts and savings

Liberty Mutual offers a discount for bundling your auto and home insurance. By combining your auto and home insurance into one policy, you can take advantage of their bundling savings. This type of bundle is the most common type of insurance bundle and can save you money on your premiums.

In addition to the auto and home insurance bundle, Liberty Mutual also offers bundling savings when you combine your auto insurance with other products such as renters, condo, or motorcycle insurance. This means that even if you don't own a home, you can still take advantage of the bundling discounts by combining your auto insurance with another type of insurance policy.

The amount you can save by bundling your insurance policies with Liberty Mutual varies depending on your specific policies and coverage needs. On average, new customers who switch and bundle their home and auto insurance with Liberty Mutual save over $950 per year. However, your actual savings may differ, as each policy is unique.

Another way to save on your home insurance with Liberty Mutual is by customising your coverage. You only pay for what you need, which can help you save money on your premiums. For example, if you own a condo, you can get condo insurance for as little as $35 a month or less than $2 a day.

Additionally, Liberty Mutual offers an online purchase discount, where you can save 10% on your home insurance premium when you purchase a customised home insurance policy on their website. This is a great option if you're looking to save money and prefer the convenience of purchasing your insurance online.

Overall, Liberty Mutual provides several opportunities for discounts and savings on your insurance premiums, whether it's through bundling policies, customising your coverage, or taking advantage of online purchase discounts.

Multi-Car Discount

Liberty Mutual offers a Multi-Car Discount for customers who insure multiple vehicles with them. The more cars you insure with Liberty Mutual, the more you save. This discount is part of the company's bundling options, which allow customers to save money by combining multiple policies with the company.

In addition to the Multi-Car Discount, Liberty Mutual also offers bundling savings when you combine your auto insurance with other products like renters, condo, motorcycle, and more. The most common insurance bundle is auto and home insurance. However, Liberty Mutual allows customers to bundle other types of insurance as well.

The exact savings from bundling your insurance policies will depend on your specific policies and circumstances. However, Liberty Mutual claims that new customers who switch and bundle their home and auto insurance can save over $950 per year.

In addition to the Multi-Car Discount and bundling savings, Liberty Mutual offers a range of other car insurance discounts. These include discounts for safe drivers, vehicle safety features, customer details, and customer loyalty. For example, Liberty Mutual offers an Accident-Free Discount if you go at least five years without an accident, and a Violation-Free Discount if you avoid violations such as speeding tickets or DUIs for five straight years.

Liberty Mutual also offers a Multi-Policy Discount if you bundle multiple policies, such as home, life, or umbrella coverage, with your auto insurance. You can also save money by enrolling in automatic payments, paying for your policy in full, purchasing your policy online, or choosing a paperless policy.

It's important to note that the availability and eligibility criteria for each discount may vary by state, and Liberty Mutual does not disclose specific discount amounts in most cases. To find out what discounts you may qualify for, you can contact Liberty Mutual customer service or start a quote to see how much you could save with their bundling options and discounts.

Benefits of bundling

Liberty Mutual offers bundling options for auto and home insurance. Bundling insurance is when you combine multiple insurance policies with the same company. This can be a simple and effective way to save money on your insurance.

Save Money

The most significant benefit of bundling your insurance is the potential to save money. By combining your auto and home insurance, you may qualify for discounts and save hundreds of dollars per year. The exact savings vary depending on your specific policies, but Liberty Mutual claims that new customers can save an average of $950 per year by bundling their home and auto insurance.

Convenience and Ease of Management

Bundling your insurance policies with Liberty Mutual allows you to manage all your policies in one place. Through their easy-to-use app, you can view and download policy documents, securely pay and manage bills, file and track claims, and review coverages and make policy changes 24/7. This means you no longer need to call an agent or visit an office to manage your insurance.

Simplicity

With bundling, you only have to deal with one insurance company for all your needs. This simplifies the process of purchasing insurance and eliminates the hassle of managing multiple policies with different providers.

Access to Discounts

By bundling your insurance, you may become eligible for various discounts offered by Liberty Mutual. For example, they offer a Multi-Car Discount when you insure more than one car with them.

Flexibility

Liberty Mutual offers flexibility with their bundling options. You can bundle not just your auto and home insurance but also include other types of insurance, such as renters, condo, motorcycle, and more. Additionally, there is no time limit on when you can start bundling. You can add a new policy to your bundle whenever you're ready, and they will immediately apply your discount.

Customer reviews

Liberty Mutual offers bundling options for auto and home insurance, which can help customers save money. However, reviews for the company are mixed.

WalletHub gives Liberty Mutual a rating of 3.2/5, based on insurance quotes, ratings from organizations like J.D. Power, and customer reviews. WalletHub notes that Liberty Mutual's NAIC rating is 2.66, which means the company has received significantly more complaints than the average car insurance provider. Many of the negative reviews mention poor customer service, unexpected rate increases, and a slow claims process. Liberty Mutual's average user rating on WalletHub is 2.4/5.

J.D. Power ranks Liberty Mutual's car insurance claims process 20th out of 25 of the top companies in the country, indicating that customers are not typically happy with the service they receive following an accident. The National Association of Insurance Commissioners (NAIC) reports that Liberty Mutual gets more complaints than expected for its size, with most complaints being about its long claims process.

MoneyGeek gives Liberty Mutual a score of 67 out of 100, noting that the company has outstanding financial stability and offers plenty of valuable discounts, but underperforms in overall affordability, customer satisfaction, and complaints. MoneyGeek's analysis found that Liberty Mutual is expensive compared to other auto insurance companies, with an average cost of $1,090 per year for car insurance, which is higher than the national average of $671 per year.

MarketWatch gives Liberty Mutual a more positive rating of 9.1 out of 10.0, praising the company's good programs for young drivers, strong industry ratings, and nationwide availability. However, they also note that Liberty Mutual has average customer satisfaction ratings and that premiums can be high.

Some customers have complained about issues with unexpected rate increases, problems with billing and claims adjustments, and poor customer service. There are also positive reviews, with some customers praising Liberty Mutual's timely claims process and responsive customer service.

Overall, while Liberty Mutual offers bundling options for auto and home insurance, which can lead to significant savings, customer reviews are mixed, with some praising the company's discounts and coverage options, while others complain about high costs, poor customer service, and a lengthy claims process.

Frequently asked questions