Everyone needs car insurance and home insurance. There's just no way around it as it is one of the necessities of living in the real world. As a driver, you must, by law, have insurance. If you skimp on the coverage or even worse, drive without insurance because of financial reasons, you are taking enormous risks. As a homeowner, you must have homeowners insurance or you carry the risk and responsibility of taking huge chunks of cash out of the bank and out of your pocket for the loss of your home or such incidents as fire, tree damage or flooding. Even those renting their home or apartment can choose to obtain a good renter's insurance policy. Many people rent but very few carry insurance to cover themselves in case of a loss. Choosing the right insurance policy or insurance coverage for your auto and for your home can be tricky. But some insurance companies that handle both car and home insurance will give you discounts on packages that include both types of policies. You can get substantial discounts or savings if you get auto insurance and also own your own home. Often times, the insurance agencies consider homeowners as lower risk customers or clients and so they are in a lower premium bracket for their auto insurance. If you already have a homeowners policy and an auto insurance carrier at different companies, shop for a comparison at each and you may find that by combining policies with the same company, you can save some money.