Table of Content
- Car Rental Information
- More deductible flexibility.
- How we make money
- The Cheapest Insurance Bundles by State
- Frequently Asked Questions About Insurance Bundles
- What does it mean to bundle home and auto insurance?
- The Advantages of Opting for One of the Best Home and Auto Insurance Bundles
- Nationwide - Best Customer Service
Our review team reached out to State Farm for a comment on its reviews but did not receive a response. Our review team reached out to Geico for a comment on its reviews but did not receive a response. Our review team reached out to Nationwide for a comment on its reviews but did not receive a response. Depending on the company, you may be able to align the renewal periods and effective dates of both policies or combine your billing statements. Leslie Kasperowicz is an insurance expert with four years of direct agency experience and over a decade of creating educational content to help insurance shoppers make confident, informed decisions.
Whether you’re a homeowner or a renter, there’s a good chance that you own or lease at least one vehicle. After all, most people need to commute to work or have a car in the driveway to get around. And, if you choose to insure both your vehicle and your home or renters insurance with the same carrier, you may be eligible for a multi-policy, or bundle, discount. Not only can the best home and auto insurance bundles make it easier to manage policies with one company, but policyholders can also score big savings on rates. Auto and home bundles are common, but you may also be able to bundle auto insurance with renters or condo owners insurance.
Car Rental Information
While their rates are already some of the most affordable out there, you can save even more when you bundle home and auto insurance together. The best way to know if you should bundle home and auto is to compare quotes with and without bundling from at least three companies to see what combination of coverage is the cheapest for you. However, USAA is only available to active-duty military members, veterans and their families. Allstate comes closest to State Farm’s rates at roughly $2,625 for a multi-policy bundle for car and homeowners insurance. When you bundle home and auto insurance, the costs average at $2,739 per year, while the unbundled policies cost an average of $3,288 per year. Nationwide’s homeowners insurance comes with ordinance or law coverage.

Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive direct compensation from our advertisers. Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Yes, homeowners insurance typically covers damage from thunderstorms, heavy snow, wind, and tornadoes.
More deductible flexibility.
All rates are sample quotes for a single male 31-year-old who lives near Indianapolis. He has a full coverage insurance policy on his 2016 Honda Civic, with no recent accidents or traffic infractions. The best home and auto insurance bundles are currently offered by Liberty Mutual, Allstate, Progressive, and State Farm. These providers have a wide range of special discounts for different policyholders, a number of bundle types, and superior claim processing.

You can save, on average, 15%, or just over $600 annually, when you bundle home and auto insurance. That's based on a 2022 Insurance.com rate analysis of more than 50 car insurance and home insurance companies' rates for those who bundle home and auto. The amount you'll save on your home and auto insurance depends on your state, your carrier and other factors. While affordable insurance is essential, good car insurance pays for itself.
How we make money
The average home and auto bundle discount across all insurers is 17%, which can mean substantial savings for customers. In contrast, USAA has the smallest average discount in percentage terms at 8%, when compared to purchasing both policies from the insurer separately. Amica’s website states that policyholders can save up to 30% if they bundle their home and auto insurance.
The nation’s largest property and casualty insurer, State Farm writes policies in all 50 states and Washington, D.C. And has a strong local market presence with more than 19,000 exclusive agents across the U.S. You’re likely to find an agent near you who can help you craft coverage that meets your needs at a good price. However, State Farm does not offer gap insurance on its auto policies, you may want to consider another provider. The company carries an A++ financial strength rating from AM Best, the highest level possible, and scores above average on J.D.
The Cheapest Insurance Bundles by State
These are sample rates and should only be used for comparative purposes. To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2020 Toyota Camry, commute five days a week and drive 12,000 miles annually. “Expert verified” means that our Financial Review Board thoroughly evaluated the article for accuracy and clarity.

Understanding what you are looking for from a home insurer and obtaining multiple quotes can be helpful. Determining if you are looking for exceptional customer service, a highly rated mobile app or certain coverages, for example, can help you decide which companies to get quotes from. It may also be beneficial to work with a local insurance professional who can provide you with guidance throughout this process. If you have specific needs for your home insurance, bundling may not be an option for you. For instance, if your home policy was switched to a high-risk home insurance company after making a personal liability claim, you may not have an option to bundle your auto policy.
The deductible on an insurance policy is the amount of money that the policyholder will be responsible for when filing a claim and recouping any losses on damaged or stolen property. Policyholders do not pay deductibles out of pocket; the insurance provider will simply deduct that amount—hence the term—from the payout. Insurance companies may offer a range of deductible options for customers to choose from, and the exact amounts will likely vary from one provider to another. It’s important for customers to keep in mind that selecting a lower deductible will often result in a higher insurance premium. The opposite is true too, so policyholders may want to weigh the short-term benefits of a lower rate against the prospect of receiving a smaller claim payout due to a higher deductible.
Additionally, going through the same insurer for both home and auto can make communication easier. That being said, it’s possible that your cheapest option is to have home and auto insurance through different companies. The key is to compare rates to ensure you are getting the best deal available. Most property and casualty insurers that sell both auto and home insurance offer multi-policy, or multi-line, discounts, but the savings vary depending on individual carriers. You will typically see savings on both policies, which may be listed as a dollar amount or percentage. The following table illustrates the amount you could potentially save on your auto insurance by bundling policies with some of the largest U.S. insurers.
Below we’ll highlight the best insurance companies for home and auto bundling. We'll also show you how much you could save by bundling your auto insurance and home insurancewith the same insurance company. Bundling your auto and home insurance policies with one insurance company can save you money. Bundling discounts are often the biggest auto and home discounts available, and the most common. It's gotten to the point where bundling may be costing you money. Homeowners who bundle home and car insurance prices are increasingly dissatisfied, according to the J.D.
However, bundling discounts are common and you might find that another carrier better meets your needs. Before switching your car insurance or home insurance policy, you need to compare quotes from other companies to make sure you are getting the rates and quality of service that you need. Make sure to purchase your new policy before canceling your old one to avoid any costly lapse in coverage.
Customers can also use insurance calculators to figure out how much coverage they need. In order to determine eligibility for an insurance bundle, customers will need to input their ZIP code to get a quote, since bundles may not be available in all locations. When weighing cost factors across different home and auto bundles, consumers may want to take into account how their deductible will impact the total cost of coverage in the long run.
The best home and auto insurance bundle is from State Farm, with an average annual rate of $2,534 per year. State Farm won our top pick as the best auto and home insurance bundle for their sizable discount and excellent customer service. Yes, it’s often cheaper to combine car and home insurance because many companies offer bundling discounts. Nationwide is the only provider on our list to hold BBB accreditation, which means it strives to resolve complaints quickly. Additionally, our team surveyed nearly 7,000 car insurance customers on their experiences with car insurance providers. Nationwide received a score of 4.1 out of 5.0 for overall customer satisfaction from 225 survey respondents.