Bundling insurance is a common money-saving tactic, but in Florida, it is largely restricted due to the insurance industry crisis in the state. The average homeowner in Florida pays around $6,000 a year, and the 20% discount that bundling offers could translate to yearly savings of more than $1,000. The challenge is due to the type of companies offering policies in the state, which are typically smaller regional insurers that only write one type of business.