A bundle is referred to insuring multiple lines of coverage with the same insurance company, i.e. home, auto, umbrella, jewelry etc.This is a common way of reducing the cost per policy. ATTENTION FLORIDA POLICY HOLDERS – Given the complex nature of insuring in Florida between Hurricanes, Floods, Sinkholes and our Laws there are very few companies actually “bundling” your coverages. Rather some companies actually insure one policy like car insurance and internally broker the other lines with different companies yet say the insurance as all with the same company. Make sure to check the insurance company stated on each insurance policy to see if you have a“bundle”or you could be paying too much.