Best and Cheapest Home and Auto Bundle Companies in Colorado (2024)

State Farm offers the best auto and home insurance in Colorado. With its bundled premium cost of $3,123 per year, you can save around $1,008 on your insurance. It also gives the largest bundling discount at 24%.

By Mark Fitzpatrick

Edited by Morgan Hull

Updated: December 2, 2024

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Key Takeaways

In Colorado, State Farm leads as the best home and auto bundle provider with a MoneyGeek score of 88 out of 100, offering the highest bundle discount and most affordable rate, while Allstate is the runner-up with a score of 80; however, USAA is noted for its perfect customer satisfaction scores, albeit only available to those with military backgrounds.

In Colorado, the cheapest home and auto insurance bundle providers are State Farm, with an annual premium of $3,123, and Allstate, with an annual premium of $3,321, offering affordable rates and substantial savings through bundling discounts.

The cheapest non-bundled insurance combination in Colorado is pairing State Farm car insurance ($1,258) with Allstate home insurance ($2,485) for a total of $3,743 per year, which is $620 more expensive than the cheapest auto-home bundle from State Farm at $3,123 per year.

Why trust MoneyGeek? Colorado bundle rates are supported by our analysis of quotes, and ratings for the best bundles are based on our proprietary scoring system that balances cost and discounts with service experience.

168Quotes Analyzed

7Companies Compared

3Zip Codes

The Best Home and Auto Bundles in Colorado

MoneyGeek gathered data for home and auto insurance bundles from different companies. We discovered that the best insurance bundles not only feature large discounts but also offer quality customer service at an affordable rate. Based on our analysis, the following companies offer the best bundle insurance in Colorado:

State Farm: MoneyGeek score of 88 out of 100
Allstate: MoneyGeek score of 80 out of 100

State Farm and Allstate received above-average scores for customer satisfaction. However, State Farm has a more affordable premium than Allstate, and it also offers a higher discount for bundling policies.

pros

Received above-average customer service scores in home and auto insurance

Offers the largest bundling discount

Offers the most affordable bundle premium in the state

cons

Does not offer accident forgiveness coverage

Only has a few unique discounts

COMPANY HIGHLIGHTS

State Farm offers the most affordable home and auto insurance bundle in Colorado. The average premium for an auto and home insurance bundle in Colorado costs $3,123 per year. With this insurer, you can receive a bundling discount of 24%, which leads to an average of $1,008 in savings per year.

This company also scored 4 out of 5 for customer service in both home insurance and auto insurance, which indicates that despite its low-cost policies, the provider doesn’t compromise service to its customers.

In terms of car insurance, State Farm offers few unique coverages besides rideshare insurance. However, it includes roadside assistance coverage, which can be useful for emergencies that you might face while traveling. Roadside assistance covers repairs, tows, delivery of certain items needed for repairs and locksmith labor.

Upgrades in your home for energy efficiency can also be covered by your State Farm home insurance. Your policy can pay for the replacement of your current heating, air conditioning or water heating equipment with those that are more energy-efficient.

Read MoneyGeek's State Farm Auto Insurance Review

pros

Received above-average customer satisfaction scores for home and auto insurance

Offers affordable premiums despite a relatively small bundle discount

Offers a wide range of common discounts, other than bundling

cons

Does not offer discounts for insuring multiple cars

COMPANY HIGHLIGHTS

Allstate isn’t just the second-best overall auto and home insurance provider, it also comes in second place for the cheapest bundle insurance in Colorado — with an average annual premium of $3,321. The customer service and satisfaction for this company also received an above-average MoneyGeek rating of 4 out of 5 for both home and auto insurance.

In Colorado, bundling auto and home insurance with Allstate can help you save an average of 11% on your premium, or $409 per year. Although this discount is relatively low compared with other companies, the insurer still offers one of the most affordable annual premiums.

With Allstate car insurance, custom parts and equipment coverage extends to comprehensive-type losses. These include custom carpeting, bars, decals and other parts that you’ve added to style your vehicle. This coverage is not usually offered by other insurers, although it’s widely applicable. If you decide to add it to your policy, it can cost around $102 per year.

Homeowners who love their plants can highly benefit by adding yard and garden coverage to their Allstate home insurance policy. It helps you insure more of your garden items and plants in case of loss or damage. Much like the custom parts coverage, the yard and garden coverage is also seldom offered by companies.

Read MoneyGeek's Allstate Auto Insurance Review

The Best Home and Auto Bundles in Colorado for Military Backgrounds

Overall, the best bundle insurance in Colorado is provided by USAA. It received perfect scores for customer satisfaction for both car insurance and home insurance. However, the insurer only offers policies to consumers with military backgrounds.

MoneyGeek Top Pick

USAA

On average, bundling your home and auto insurance with USAA costs $3,664 per year. By bundling your insurance, you could save 10%, which amounts to $412 per year.

USAA received the best scores for customer service for auto and home insurance; for both kinds of insurance, USAA obtained a perfect MoneyGeek rating of 5 out of 5.

You can add accident forgiveness to your USAA car insurance policy, which prevents your premium from increasing after an at-fault accident. Your USAA home insurance policy can include home rental coverage to cover your guests if you’re leasing your entire home or simply a part of your home.

The Best Home and Auto Bundle Discounts in Colorado

The average bundle discount in Colorado is 13%. This equates to $617 per year in savings simply by purchasing your car insurance and home insurance with the same insurer.

In Colorado, bundling discounts can range from 7% to 24%. You can get the most savings from State Farm, which offers a bundle discount of 24%. Nationwide offers no discount, but among the providers that offer bundle discounts, Travelers provides the lowest at 7%.

The most affordable bundle insurance is from State Farm, with an average annual premium of $3,123. The insurer also offers the highest bundle discount of the companies evaluated in Colorado. However, this isn’t always the case, so it’s important to carefully evaluate providers for both their discount rates and overall costs.

The best bundle insurance for you comes down to your needs and personal circumstances. Therefore, evaluating providers for their quality of customer service can help you choose between insurers.

Home and Auto Bundle Discount in Colorado

The Cheapest Home and Auto Bundles in Colorado

In Colorado, you can still find insurers that offer cheap home and auto bundles without compromising quality. MoneyGeek found that the cheapest home and auto insurance in Colorado are:

State Farm: $3,123 per year
Allstate: $3,321 per year

MoneyGeek Top Pick

State Farm

In Colorado, bundling your home and auto insurance with State Farm costs $3,123 per year. The insurer also provides the highest discount, 24%, for bundling insurance policies in the state.

Other discounts from State Farm can help you maximize your savings even more. For example, you can get a safe driving discount for not incurring a violation on your record for three consecutive years of your policy. State Farm also offers a discount if you insure at least two vehicles. You can also save on your State Farm home insurance when you choose specific impact-resistant materials for your roof.


State Farm	$3,123
Allstate	$3,321
Travelers	$3,636
MetLife	$4,155
Metropolitan	$4,155
Nationwide	$4,282
Farmers	$7,208

The Cheapest Non-Bundle Insurance Combinations in Colorado

Buying insurance from different insurers gives you more freedom and flexibility to choose policies that meet your specific requirements. In some cases, it can even be cheaper than bundling insurance policies with the same provider.

However, in Colorado, bundling insurance policies is the cheapest option. Although they may not be the least expensive option, non-bundle insurance combinations are still affordable. For instance, car insurance from State Farm ($1,258) can be paired with Allstate home insurance ($2,485) for a total cost of $3,743 per year.


State Farm	Allstate	$3,743
Travelers	Allstate	$3,801
Allstate	MetLife	$3,812
Allstate	Metropolitan	$3,812
State Farm	Metropolitan	$3,826
State Farm	MetLife	$3,826
Nationwide	Allstate	$3,850
Allstate	Travelers	$3,853
State Farm	Travelers	$3,867
Travelers	Metropolitan	$3,884
Travelers	MetLife	$3,884
Nationwide	Metropolitan	$3,933
Nationwide	MetLife	$3,933
Nationwide	Travelers	$3,974
Allstate	State Farm	$4,118
Allstate	Nationwide	$4,161
State Farm	Nationwide	$4,174
Travelers	State Farm	$4,189
Travelers	Nationwide	$4,232
Nationwide	State Farm	$4,239
Farmers	Allstate	$4,648
Farmers	Metropolitan	$4,731
Farmers	MetLife	$4,731
Farmers	Travelers	$4,772
Metropolitan	Allstate	$4,854
MetLife	Allstate	$4,854
MetLife	Metropolitan	$4,936
Metropolitan	MetLife	$4,936
MetLife	Travelers	$4,977
Metropolitan	Travelers	$4,977
Farmers	State Farm	$5,037
Farmers	Nationwide	$5,080
MetLife	State Farm	$5,242
Metropolitan	State Farm	$5,242
Metropolitan	Nationwide	$5,285
MetLife	Nationwide	$5,285
Allstate	Farmers	$7,544
State Farm	Farmers	$7,558
Travelers	Farmers	$7,616
Nationwide	Farmers	$7,665
MetLife	Farmers	$8,669
Metropolitan	Farmers	$8,669

Should You Bundle Home and Auto Insurance in Colorado?

Insurance companies typically offer bundle discounts as an incentive for buyers to purchase multiple types of insurance policies. Bundling policies can often be more cost and time effective, but there might be certain instances when it doesn’t make sense for your specific needs.

Bundle discounts in Colorado can save you between 7% and 24% per year.

You can save between 7% and 24% of your premium each year by bundling. This results in annual savings of $289 to $1,008. State Farm not only provides the most affordable bundle insurance in Colorado at $3,123 per year, but it also offers the largest discount.

Bundles are a convenient way to combine your most important property insurance policies.

By bundling, you can save time, effort and money. Because your insurance policies are with a single insurer, transactions can be streamlined, and your account can be easily managed.

In rare cases, it might be better not to bundle in Colorado.

Bundling may not be the best option if you have specific needs that can’t be met by one insurer. In Colorado, bundling your plans is less expensive, but you’ll be limited to the coverages offered by a single provider. Carefully consider your needs and weigh the costs and benefits of each provider to decide if bundling is right for you.

About Mark Fitzpatrick

Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.

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