I would not use the term “downside” as bundling is always the preferred first option to consider when looking to find the most comprehensive auto and home coverages for the best price. However, there are challenging situations that make bundling simply not an option. Those situations involve market or risk conditions. Some examples are: * You may live near the ocean, which can make you ineligible for a homeowners policy with the same company that writes your auto coverage. * You may have auto claims or tickets on your license that prohibit you from being eligible to bundle with the same company that writes your homeowners. * You may already have a bundle, and your insurance company decides that your home or auto is no longer a class of business they want to underwrite and issues a non-renewal for your entire package. In these examples, it will alleviate your stress and save valuable time if you are working with an independent insurance agent as they represent more than one insurance company and can offer you options quickly.
With your Home and Auto bundle or Package Policy, you can also add Umbrella and Inland Marine (aka Valuable Items Floater) protection. And, there are even a few carriers that can add ATVs or antique cars to the bundle.
READ MONEYGEEK article here: https://www.moneygeek.com/insurance/auto/best-home-auto-bundle/#expert=heidi-petschauer-cic