Best and Cheapest Home and Auto Insurance Bundles

Some providers give you a discount for purchasing multiple insurance products from them. This strategy — known as “bundling” — is an excellent way to save money.

Based on MoneyGeek’s analysis, State Farm is the best and most affordable provider for home and auto insurance bundling, averaging a combined premium of $2,559 per year. For military members and veterans, USAA is the best provider, with bundled policies costing an average of $2,681 annually.

Overall, bundling your home and auto insurance can save you around $496 per year, but you'll need to compare and select the best auto and home insurance companies to get the coverage and customer service you need at an affordable price.

The best two bundle providers include:

• State Farm: MoneyGeek score of 64 out of 100
• Travelers: MoneyGeek score of 64 out of 100

To calculate the overall best bundle score, we combined our scoring metrics for the best auto insurance and the best home insurance. The discount score represents how much a bundle policy costs in comparison to individual auto and home policies.

The cheapest bundle options in the U.S. for home and auto insurance include:

• State Farm: $2,559 annually
• Allstate: $3,147 annually

To make your premiums even cheaper, ask about discounts when applying for your policy. Providers often offer a range of both home insurance discounts and auto insurance discounts that are easy to qualify for.

USAA is an excellent insurer for veterans, often offering some of the most affordable policies and bundles. The company is one of the best auto insurance for veterans, and together with USAA’s home insurance policy, veterans will pay an average of $2,681 per year after the bundling discount.

Beyond affordability, it’s important to find an insurance provider who excels in customer and claims satisfaction, financial stability and coverage options.

To help you find the best provider for your insurance needs, use the table below showcasing the best-ranked insurers in your state. Click on your state to see more details and information about each provider. This will allow you to find the insurance company that not only offers competitive prices but also meets your specific needs and preferences.

Bundling your auto and home insurance can save you an average of $496 annually, but this can vary from insurer to insurer. The top three insurers with the largest bundle discounts are:

• State Farm (25%)
• Farmers (17%)
• Nationwide (15%)

There’s no guarantee that the company with the biggest bundle discount will be the cheapest. Before choosing an insurer, review our previous data and identify the cheapest providers. It’s also wise to consider comparing a provider that offers a cost-effective policy, even if their discount percentage may not be the highest.

Bundle discounts are often the best way to save on car and homeowners insurance. However, in rare cases, you’ll get better savings by combining companies and not policies.

The only nationally available combination we found to almost beat State Farm’s ($2,559) and Allstate’s ($3,147) bundle rates was combining Nationwide’s auto insurance with Progressive’s home insurance for a total average premium of $3,224 per year.

Keep in mind that these are averages. The average cost of home insurance and the average cost of car insurance can change depending on numerous factors, such as your location, age and more.

It’s generally cheaper to bundle auto and home insurance with the same provider. The biggest advantage of an auto and homeowners insurance bundle is how much you can save due to the bundling discount, which is 13% on average. It also can be more convenient to pay only one company for multiple policies.

State Farm is the best and the cheapest provider for bundled policies, which means policyholders can benefit from both affordable premiums and great service. It costs $2,559 annually after the bundling discount.

In some cases, it might be cheaper to have a separate auto and home insurance provider. For instance, combining Nationwide’s auto insurance ($1,516 per year) and Progressive’s home insurance ($1,708 per year) is $3,224 per year. This is cheaper than Progressive’s home and auto insurance bundle but more expensive than State Farm’s and Allstate’s bundles.

Although bundling is often the most affordable choice, bundles from certain companies can be quite expensive. One example of this is Travelers, which costs $5,285 annually. If you have high auto rates because of poor credit or a bad driving record, you might also find that keeping both policies separate is better for your wallet.

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. This can help you see what combination of coverage is the cheapest for you.

Before you take the plunge on bundling your home and auto insurance, you should first compare quotes for auto and home insurance policies individually from the best and cheapest providers. Use our calculators to get a fast comparison of car insurance rates. Once you've gathered and compared your home and auto quotes, contact your chosen providers and ask about bundling discounts.

Home and auto insurance bundles are some of the most common discounts in the insurance industry. Here are some of the most common questions about them: