Which insurance companies offer the best home and auto insurance bundles of 2024? For many drivers, renters, or homeowners, insurance is a very important monthly payment because it protects them from an emergency financial bundle in case of serious loss or damage. And just as we all know, the more coverage and policies you have, the more premiums you will pay every month.
Fortunately, many insurers offer a discount when you purchase multiple coverages from the same company. This practice is popularly referred to as bundling. Usually, you will be bundled automatically when you sign up for more than one policy at the same time from one insurer. Also, you can easily add another policy anytime by contacting a representative at your insurance provider.
In this article, we have rounded up the best insurer that offers home and auto insurance bundles to help you choose the right one that fits your needs. We have evaluated these insurance providers based on accessibility, policy coverage, and many more.
7 Best Home and Auto Insurance Bundles of 2024
Most property and casualty insurers offer discounts for bundling auto and home insurance. However, the savings and eligible policies will depend on the insurers. Typically, you’ll see savings on both policies, either as a dollar amount or a percentage.
To find the best bundle deals, we reviewed the largest U.S. insurers by market share and other features. We checked which ones offer the best bundling and what potential savings they provide. These listed companies also offer various policy add-ons and other discounts and have high customer satisfaction and financial strength ratings. If you’re looking to bundle auto and home insurance, start by getting quotes from these insurance providers;
1. State Farm
State Farm, the largest property and casualty insurer in the U.S., offers one of the biggest bundling discounts at about 25%. It is the overall best insurer that offers home and auto insurance bundles in 2024. This makes the combined cost for auto and home insurance around $2,559 per year.
State Farm’s policies are not only very affordable but also backed by a strong customer service reputation, particularly for homeowners insurance. Although it may lack some common optional coverage like accident forgiveness for auto insurance, it does provide popular add-ons such as roadside assistance, home system protection, rental car reimbursement, and service line coverage. In a nutshell, State Farm provides excellent service at an incredible price with most of the essential coverage options for home and auto.
2. Allstate
Allstate is another insurer that offers the best home and auto insurance bundles of 2024. This insurer also provides a variety of endorsements for customizing policies, such as home-sharing coverage and green improvement reimbursement.
However, this insurer is our second choice because it scored below the segment average for overall homeowner customer satisfaction and property claim satisfaction, according to J.D. Power. So it is advisable to talk to current policyholders if service quality is a priority for you.
3. Geico
Geico is quite popular for its affordable car insurance, offering some of the most affordable premiums for both basic and comprehensive coverage when it comes to auto insurance. It also provides a variety of other insurance products, such as homeowners and renters insurance, which can be bundled with auto insurance for additional savings.
Geico covers various properties. This includes condos and mobile or manufactured homes and is available nationwide, making it a very accessible option.
4. Farmers Auto Insurance
Insurance companies often offer discounts for activities like bundling home and auto insurance or being a safe driver. Farmers Auto Insurance stands out by providing 22 car insurance discounts, more than many other insurers on our list. For homeowners insurance, discounts are available for having security devices, bundling policies, and even for being a nonsmoker.
You can also save by opting for paperless billing and paying premiums on time. Farmers Homeowners Insurance offers profession-based discounts for teachers, police officers, firefighters, military members, doctors, nurses, dentists, and engineers. Farmers reports that customers save an average of 20% with its bundling discount.
5. Nationwide
Nationwide offers a bundling discount of up to 20%, earning a spot on our list of Best Home and Auto Insurance Bundles of 2024. Its products are available in nearly every state, apart from places like Alaska, Florida, and Hawaii. And are sold through local independent agents. However, it received a slightly below-average score in J.D. Power’s home insurance study, indicating mixed customer experiences.
6. USAA
USAA provides home and auto insurance exclusively to military members, veterans, and their families. Bundling home and car insurance with USAA can help you save about 10%.
Additionally, opting for automatic payments can reduce your auto premium by up to 3%. Other discounts include savings for storing your car, having multiple vehicles, and being a young driver with good grades.
USAA’s homeowners insurance offers incredible benefits for military members and veterans, such as covering the cost of uniforms and equipment. Plus, keep in mind that, if personal property is lost or damaged due to war, the deductible is waived.
7. Travelers
Travelers offer a bundling discount for home and auto insurance, helping customers save on both. Though not available in every state, this insurer’s extensive network of independent agents ensures personalized coverage for many across the U.S. Travelers boasts an A+ (excellent) financial strength rating from AM Best.
FAQs
Which insurance company is the best for home and auto?
Choosing the best home and auto insurance company depends on your needs and preferences. This is why it is advisable that you carefully review the quotes offered to you. While finding a good price is very important, low premiums shouldn’t be the only thing you think of. It is advisable you look at the coverage levels, policy features, and digital tools offered to each home and auto quote.
How can I bundle other policies with home and auto insurance?
When it comes to bundling, auto and home insurance are popularly paired by policyholders. However, many insurance companies allow you to bundle other types of policies too. Some of the policies that allow you to bundle to get other savings are RV insurance, boat insurance, ATV insurance, motorcycle insurance, life insurance, and renters insurance
Is it worth it to bundle home and auto insurance?
If you are eligible for home and auto insurance coverage with just one insurer, it can be worth it to bundle policies. Bundling discounts are one of the biggest savings a provider can offer. It can help you get lower discounts and save money at the same time.
