Bundled insurance means combining two or more policies, such as home and contents or car and home insurance, with the same insurer. It may simplify payments and claims, and some insurers offer a discount, but it is not automatically the cheapest option. Check the premiums, excesses, cover limits, exclusions and cancellation terms against separate policies before deciding. Your final price and suitability depend on your circumstances and the insurer’s assessment, so compare the product disclosure statements or speak with a licensed insurance adviser.