Bundled insurance lets you place multiple policies, such as home and car cover, with the same insurer. It may simplify renewals and could provide a multi-policy discount, but any savings, limits and exclusions depend on the insurer and your circumstances. Compare the combined price and cover with separate policies, checking excesses, agreed or market value, optional benefits and how a claim could affect other policies. Read the Product Disclosure Statement and confirm the details with the insurer or a licensed insurance adviser before switching.