Bundling is when you buy multiple types of coverage, like home and auto insurance, from one insurance company. Combining home and auto insurance might make you eligible for a discount. When you bundle home and auto insurance for your primary residence and your car through RBC Insurance, you could receive up to a 10% discount on your premiums^Disclaimer1 plus you'll get convenient access to both policies in one place.

There are several ways you may be able to save on your insurance:

• Save up to 10% when you bundle a car insurance policy with a homeowner's, condo or tenant insurance policy through RBC Insurance.^Disclaimer1
• Depending on the province or territory you live in^Disclaimer1, some cost savings may apply to you automatically —like being claims-free for a certain time period. In other cases, there are specific things you can do to qualify for other potential discounts. This includes bundling coverage or insuring more than one vehicle with us^Disclaimer1.
• Lower your premium by choosing a higher deductible.
• Install a centrally monitored home security system^Disclaimer4.
• Qualify as a mature or experienced driver.

A deductible is the amount of money you may be required to pay out-of-pocket towards a claim you make.

For example: If your vehicle has $4,000 damage in an accident and your collision deductible is $500, then you would be responsible for paying the first $500 and your insurance company would pay the remaining $3,500.

Tip: If you can afford to make a higher out-of-pocket payment in the event of a claim, then choose a higher deductible on your policy. You'll pay a lower premium as a result.