Bundled insurance combines two or more policies, such as home and car cover, with one insurer and may offer a multi-policy discount, although savings depend on the provider and your circumstances. Check that each policy has suitable cover limits, exclusions, excesses and optional benefits, rather than choosing a bundle based only on price. Ask how a claim or cancellation could affect the other policies, and whether changing insurers later is straightforward. Compare the bundled quote with separate policies, and read the product disclosure statements or speak with the insurer before deciding.