WEST PALM BEACH, Fla. – Oct. 26, 2015 – Let's not get into what it means for political donations, but bundling can mean good things for insurance customers – to the extent you can find it in Florida.

Bundling means discounts for having, say, home and car insurance together with the same insurer or its partners.

Florida residents save an average of $243 a year by bundling, finds a report by insuranceQuotes.com, which is affiliated with Bankrate.com of North Palm Beach. Those savings are up about 65 percent from last year, the biggest jump of any state besides Hawaii, the report says.

But at the end of the day, Florida still has the lowest average savings for bundling on the total bill, 8 percent. Georgia residents save much more, an average of 22 percent, researchers found.

That's discouraging because Florida has the dubious honor of ranking No. 1 for costliest home insurance in the country and No. 4 in car insurance, according to the National Association of Insurance Commissioners.

Louisiana had the highest bundle savings overall, $548. It is right behind Florida in home insurance costs and ranks ahead in car insurance.

Nationally, customers save an average of 16 percent or $295 by bundling.

Unfortunately, bundling isn't a slam-dunk to find in South Florida's fragmented market.

Big national insurers such as State Farm and Allstate have been writing little or no new property insurance. Sometimes agents have the power to grant a bundle discount with other carriers through agreements, so it's worth asking.

But often people wind up buying home policies from small, Florida-based companies that are not necessarily in the car-coverage business.

In any case, it is wise to compare prices from a variety of combinations, bundled or not, analysts said.

"In most cases, you're going to save money by bundling your policies together, but I always tell people to get quotes together and separately," advised Laura Adams, senior analyst for insuranceQuotes.com, in a statement. "Every situation is unique and some people are able to save money by splitting their policies between different insurers."

The insurance shopping site said it commissioned Quadrant Information Services to examine the average economic impact of bundling auto insurance with property coverage. It used a hypothetical 45-year-old married woman with a bachelor's degree, excellent credit score and no lapse in coverage, comparing the average premium discount for three types of bundling in 50 states plus Washington, D.C.

Copyright © 2015 The Palm Beach Post (West Palm Beach, Fla.), Charles Elmore. Distributed by Tribune Content Agency, LLC.