This practice is called “insurance bundling.” When you bundle your auto, home and renters insurance from the same provider, you can often save a substantial amount of money. However, it’s important to weigh the pros and cons of bundling before making a decision. These can include things such as filing a proof of loss promptly, maintaining a specified level of care for your property or cooperating with the insurance company during a claim. Failure to meet these obligations may result in the denial of a claim or even a cancellation of the policy.