	You might be using an unsupported or outdated browser. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website.

advisor
Car Insurance
Best Home And Auto Insurance Bundles

Advertiser Disclosure Updated: May 29, 2024, 12:19pm

Best Home And Auto Insurance Bundles Of 2024

Penny GusnerInsurance Writer and Analyst

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny enjoys translating the complexities of insurance into easy-to-understand advice and tips to help consumers make the best choices for their needs. Her work has been featured in numerous major media outlets, including The Washington Post and Kiplinger’s.

Penny Gusner

Penny GusnerInsurance Writer and Analyst

Insurance Writer and Analyst

Ashlee ValentineDeputy Editor, Insurance

Ashlee is an insurance editor, journalist and business professional with an MBA and more than 17 years of hands-on experience in both business and personal finance. She is passionate about empowering others to protect life's most important assets. When Ashlee isn't spreading insurance knowledge or solving television murder mysteries, she enjoys spending time with her family (including the furry and feathery ones) on their farm in Kentucky.

Reviewed

Ashlee Valentine

Ashlee ValentineDeputy Editor, Insurance

Deputy Editor, Insurance

Reviewed

Updated: May 29, 2024, 12:19pm

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations.

Our analysis found that State Farm is the best company for home and auto insurance bundles. We evaluated insurers based on their bundling discounts, auto and home insurance costs and complaint level.

Home and auto insurance bundles can get you a decent multi-policy discount with most insurers. You receive a bundling discount by purchasing both your home and auto insurance with the same company.

Best Car Insurance Companies

Show Summary

Summary: Best Home and Auto Insurance Bundles

Editors’ take	Company	Forbes Advisor Rating	Average bundling discount
Best overall	State Farm	5.0	23%
Great for add-on coverage	Erie	4.7	15%
Best for low-cost auto and home insurance	Nationwide	4.7	15%
Best for low level of complaints	Auto-Owners	4.2	10%
Best for military members and veterans	USAA	4.0	6%

Best Overall

State Farm

Average bundling discount

23%

Auto insurance complaint level

Low

Home insurance complaint level

High

Compare rates from participating partners via EverQuote's secure site.

23%

Low

High

Experts’ Take

We picked State Farm as best overall for bundling because it has the best average bundling discount (23%) among the companies we analyzed, a low level of complaints for auto insurance and competitive prices. This combination makes it a good choice if you’re looking to bundle your home and auto policies.

Great auto insurance renewal discount (14%) after being with State Farm for at least three consecutive years.
Home insurance costs are cheaper than a majority of the companies we evaluated.
Low-cost auto rates for drivers with a DUI.
Offers extended replacement cost coverage for houses, which stretches your limit when rebuilding costs exceed your dwelling coverage amount.

More: State Farm Car Insurance Review

Drawbacks

Doesn’t offer accident forgiveness, new car replacement or vanishing deductible for auto insurance.
Doesn’t offer guaranteed replacement coverage for home.

States Available In

State Farm sells home and auto insurance in all 50 states and Washington, D.C.

Great for Add-On Coverage

Erie

Average bundling discount

15%

Auto insurance complaint level

Low

Home insurance complaint level

Low

Compare rates from participating partners via EverQuote's secure site.

15%

Low

Experts’ Take

We are impressed by Erie’s outstanding home and auto insurance coverage offerings. For auto insurance, the company offers accident forgiveness, gap insurance, new car replacement coverage and vanishing deductibles. Erie’s home insurance has add-on coverage, such as extended replacement cost, guaranteed replacement cost coverage, expanded liability coverage and service line protection.

Low-cost car insurance rates for drivers with a DUI, speeding ticket or who caused an accident.
Extended Water add-on covers natural disaster floods, which aren’t typically covered by standard home insurance, and other water damage.
Erie’s SecureHome policies include several perks, including coverage for misplaced and lost jewelry and identity theft.

More: Erie Car Insurance Review

Drawbacks

Available in only 12 states and D.C.
Has a banned dogs list.

States Available In

Erie offers home and auto insurance in these 12 states and Washington, D.C.:

Illinois
Indiana
Kentucky
Maryland
New York
North Carolina
Ohio
Pennsylvania
Tennessee
Virginia
West Virginia
Wisconsin

Best for Low-Cost Auto and Home Insurance

Nationwide

Average bundling discount

15%

Auto insurance complaint level

Low

Home insurance complaint level

Low

Compare rates from participating partners via EverQuote's secure site.

15%

Low

Experts’ Take

We like Nationwide for its low-cost auto and home insurance rates plus its good bundling discount of 15%.

Offers accident forgiveness, new car replacement and vanishing deductible options for car insurance.
No banned dog list for homeowners insurance.
“Dwelling replacement cost plus” provides extended coverage under a home insurance policy.

More: Nationwide Car Insurance Review

Drawbacks

Auto insurance is unavailable in Alaska, Hawaii, Louisiana or Massachusetts.
Homeowners insurance is unavailable in Alaska, Florida, Hawaii, Louisiana, Massachusetts, New Jersey or New Mexico.

States Available In

Nationwide sells both auto and home insurance in all states and Washington, D.C., except in Alaska, Florida, Hawaii, Louisiana, Massachusetts, New Jersey and New Mexico.

Best for Low Level of Complaints

Auto-Owners

Average bundling discount

10%

Auto insurance complaint level

Low

Home insurance complaint level

Very low

Compare rates from participating partners via EverQuote's secure site.

10%

Low

Very low

Experts’ Take

We like Auto-Owners because it has a low level of complaints about its auto and home insurance. These low complaint levels indicate that Auto-Owners efficiently handles issues that arise so they don’t turn into complaints.

Competitive home and auto insurance rates.
Optional home insurance coverage of water backup, extended or guaranteed replacement cost.
Car insurance add-on options of accident forgiveness, diminishing deductible, gap insurance and new car replacement.

More: Auto-Owners Car Insurance Review

Drawbacks

High car insurance costs for parents adding a teen to their policy
Expensive auto and home insurance rates for drivers with poor credit.

States Available In

Auto-Owners offers home and auto insurance in 26 states:

Alabama
Arizona
Arkansas
Colorado
Florida
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Michigan
Minnesota
Missouri
Nebraska
North Carolina
North Dakota
Ohio
Pennsylvania
South Carolina
South Dakota
Tennessee
Utah
Virginia
Wisconsin

Best for Military Members & Veterans

USAA

Average bundling discount

Auto insurance complaint level

Low

Home insurance complaint level

Very low

Compare rates from participating partners via EverQuote's secure site.

Low

Very low

Experts’ Take

We like USAA for those in the military community because of its cheap auto and home insurance rates for military members, veterans and their immediate families. USAA sells exclusively to the military community so it understands their specific needs.

Cheapest average rate for good drivers among the companies we analyzed.
Has a low level of auto insurance complaints and a very low level of home insurance complaints.
Auto insurance options for accident forgiveness and new car replacement are available.
No banned dog list.
Offers extended replacement cost for dwellings coverage for home insurance.

More: USAA Car Insurance Review

Drawbacks

Eligibility is limited to veterans, active members of the military and their immediate families.
Average bundling discount is on the small size at 6%.
Doesn’t offer guaranteed replacement coverage options for home insurance.

States Available In

USAA is available in all 50 states and Washington, D.C.

Pros and Cons of Bundling Home and Auto Insurance

Bundling home and auto insurance policies with one company has advantages but isn’t always the best option.

Pros of Bundling


	Save Money The average discount is 14%, which is a savings of around $466 a year, according to our analysis.
	Save Time Having only one insurance company to deal with for payments and customer service is convenient and can save you time.
	Multiple Policies, One Account Many insurers let you manage your bundled home and auto policies under one online account or mobile app.
	Have a Single Deductible Some companies, such as Progressive, apply one deductible to bundled home and auto policies if your house and car are damaged in one event. For instance, if a storm causes a tree to fall, damaging both your car and home you’d pay one single deductible for the claim.

Cons of Bundling


	Not Always the Best Buy You may be able to find cheaper prices for auto and home insurance policies by buying them separately from different companies. It pays off to compare home and car insurance quotes from multiple insurance companies to find the best overall price.
	Not Always More Convenient If your car insurance company doesn’t sell home insurance and instead partners with a different company, you may still be able to get a bundle discount but you won’t get perks like having one account. Instead, you still deal with two companies for payments, services and claims. For example, Geico home insurance comes from partner companies.
	Might Not Fit Your Needs If you want certain coverage types that aren’t available from a company that bundles, it’s better to stick with a company that gives you the coverage you want. For example, not all home insurance companies offer an extended replacement cost option, which provides a higher reimbursement if you need to rebuild your house.

Who Offers the Biggest Home and Auto Bundling Discount?

State Farm offers the biggest home and insurance bundling discount with an average savings of 23% per year.

The average auto and home insurance bundling discount is 14%, according to Forbes Advisor’s analysis of ten large insurance companies. That comes out to an average savings of $466 a year.

Average Home and Auto Bundling Discount by Company

Company	Average discount for bundling home and auto insurance	Average annual savings for bundling home and auto insurance
State Farm	23%	$787
American Family	18%	$486
Farmers	18%	$732
Allstate	15%	$497
Erie	15%	$535
Nationwide	15%	$516
Travelers	11%	$484
Auto-Owners	10%	$214
Progressive	7%	$226
USAA	6%	$185
Average	14%	$466

The Cheapest Home and Auto Insurance Quotes

Auto-Owners has the cheapest car and home insurance quote for bundled coverage, according to our analysis of large insurance companies. Auto-Owners’ average annual bundled cost is $1,878 per year.

It’s wise to shop around for the best overall final price, as the rates from Auto-Owners show. Although its average bundling discount is only 10%, Auto-Owners final total price is the lowest among the companies we evaluated.

Cheapest Home and Auto Bundle Quotes

Company	Bundled home and auto annual cost
Auto-Owners	$1,878
American Family	$2,178
State Farm	$2,587
USAA	$2,630
Erie	$2,645
Nationwide	$2,652
Progressive	$2,777
Allstate	$2,978
Farmers	$3,458
Travelers	$4,052

What To Look for When Choosing an Insurance Company

Here are factors to consider when choosing an insurance company and wish to bundle your home and auto insurance.


	A Bundling Discount? See if you can bundle the policies with the same insurer when shopping for car and home insurance. Most insurance companies that sell auto and home insurance are happy if you buy both and will give you a decent auto and home insurance bundling discount.
	A Single Deductible A deductible is the amount deducted from an insurance claims check. If you choose higher deductibles, your home or auto insurer pays out less for a claim, so you get a cheaper price on your policy. Some insurers offer a single deductible, which means paying only one deductible if both your home and car are damaged in the same event.
	Coverage That Meets Your Needs Bundling home and auto insurance can be convenient but may not give you the lowest price or meet all your needs. Evaluate both coverage and price before purchasing your policies. Bundling isn’t worthwhile if it isn’t fulfilling your coverage needs.
	Competitive Overall Cost Look at the final bundled cost (and any other insurance you also want to buy, such as umbrella insurance). Bundling with one company isn’t always the cheapest option.

Les Masterson

Insurance Editor

Penny Gusner

Insurance Senior Writer

Michelle Megna

Insurance Lead Editor

Compare Quotes

Comparing car and home insurance quotes from at least three different companies is one of the best ways to save money. I check the costs for both bundled and individual policies to see which gives me the best deal.

Remember to get car and home insurance quotes for the same coverage and deductible limits so you’re comparing apples to apples.

Les Masterson

Insurance Editor

Get All the Discounts You’re Eligible For

Look over your quotes to see what discounts you received. I suggest contacting the insurers to see if there are other discounts you’re eligible for or can get if you make changes. For instance, going paperless may get you a small discount to lower car insurance costs.

Penny Gusner

Insurance Senior Writer

Shop Regularly

Rates for home and auto insurance fluctuate. I recommend shopping around for quotes regularly so you can be confident that you’re getting a great price.

Before comparison shopping, I advise reviewing your coverage choices to verify they still fit your needs. For instance, if your car is older, it may be time to drop collision and comprehensive insurance.

Michelle Megna

Insurance Lead Editor

Complaints Against Auto and Home Insurance Companies

Complaints collected nationwide against auto and home insurance companies expose problem areas for some insurers. The National Association of Insurance Commissioners calculates a complaint ratio for each company that reflects the number of complaints in relation to each insurer’s size of business.

For auto insurance, the best companies for bundling in our analysis have the complaint levels that are below the industry average.

For home insurance, Auto-Owners, Erie and USAA are well below the national average. Nationwide is just below the industry average and State Farm is slightly above.

Methodology

To identify the best home and auto insurance bundles we evaluated each company based on these factors:

Bundling discount (40% of score): We used data from Quadrant Information Services to find the average bundling discount for each company.

Auto insurance rates (20% of score): We used data from Quadrant Information Services to find average rates from each company for good drivers. Rates are based on a 40-year-old female driver with a Toyota RAV4 and coverage of:

$100,000 for injuries to one person, $300,000 for injuries per accident and $100,000 of property damage (known as 100/300/100).
Uninsured motorist coverage of 100/300.
Collision and comprehensive insurance with a $500 deductible.

Home insurance rates (20% of score): We used data from Quadrant Information Services to find average rates for each insurance company for homes with dwelling coverage of $350,000.

Complaints about auto insurance (10% of score): We used complaint data from the National Association of Insurance Commissioners. Each state’s department of insurance logs and monitors complaints against companies. Most auto insurance complaints center on claims, including unsatisfactory settlements, delays and denials.

Complaints about home insurance (10% of score): We used complaint data from the National Association of Insurance Commissioners. Most home insurance complaints center on claims, including unsatisfactory settlements, delays and handling of the claim.

Other Home and Auto Insurance Companies We Rated

Here are other auto and home insurance companies we analyzed as part of our analysis.

Company	Forbes Advisor rating for bundling
Allstate	3.9 stars
Progressive	3.9 stars
Farmers	3.7 stars
Travelers	3.7 stars

Home and Auto Insurance Bundles Frequently Asked Questions (FAQs)

Is it worth it to bundle home and auto insurance?

You will know if it’s worth bundling your home and auto insurance once you get insurance quotes to see if it’s cheaper than buying individual policies.

The bundling discount is usually quite good, but there is no guarantee that bundling policies will be cheaper than buying individual policies from separate companies.

Why do insurance companies want you to bundle?

Insurance companies like it when you bundle auto and home insurance policies because they have more of your business. Also, people who bundle their home and auto insurance tend to stay with that company longer.

Insurance companies like customers who are loyal and continue to buy insurance from them year after year. In return, most companies that bundle homeowners and car insurance try to make it convenient and easy for policyholders to manage their policies and bills through one account.

What is homeowners insurance?

Homeowners insurance pays to repair or rebuild your house and repair or replace personal property—from clothes to furniture to electronics—due to damage from problems covered by your policy. There are a wide variety of problems covered by home insurance, such as fire, smoke, theft, tornadoes and vandalism.

Home insurance also includes liability insurance—which pays for accidental property damage or injuries to others that you’re found responsible for—and additional living expenses when your home is inhabitable due to a covered issue. Homeowners insurance is essential to protect your investment in your home.

What is car insurance?

Car insurance is a policy that often contains a few types of important coverage. Liability car insurance, which pays out to others when you’re liable for an accident, is required in most states.

Full coverage car insurance includes liability coverage plus coverage for damage to your vehicle. Collision and comprehensive coverage will pay for the repairs or total loss of your car from problems such as fire, theft, vandalism, damage from severe weather, floods, falling objects or striking an animal.

What insurance policies can be bundled together?

Auto and home insurance bundles are the most common, but you may also bundle auto insurance with renters insurance, boat and RV insurance, and even life insurance. You can generally get a multi-policy discount for bundling together most any two (or more) types of insurance a company offers.

Insurance policy types you may be able to bundle, depending on your insurance company, can include:

• Auto

• Boat

• Condo

• Home

• Life

• Motorcycle

• Renters

• RV

• Small business

• Umbrella

Next Up In Car Insurance

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have changed since the time of publication. Past performance is not indicative of future results.

Forbes Advisor adheres to strict editorial integrity standards. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners.

Penny Gusner

Insurance Writer and Analyst

Was this article helpful?

The Forbes Advisor editorial team is independent and objective. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. This compensation comes from two main sources. First, we provide paid placements to advertisers to present their offers. The compensation we receive for those placements affects how and where advertisers’ offers appear on the site. This site does not include all companies or products available within the market. Second, we also include links to advertisers’ offers in some of our articles; these “affiliate links” may generate income for our site when you click on them. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Advisor. While we work hard to provide accurate and up to date information that we think you will find relevant, Forbes Advisor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. Here is a list of our partners who offer products that we have affiliate links for.

lorem

Are you sure you want to rest your choices?

Best Home And Auto Insurance Bundles Of 2024

Summary: Best Home and Auto Insurance Bundles

How We Chose the Best Home and Auto Insurance Bundles

Best Overall

State Farm

Great for Add-On Coverage

Erie

Best for Low-Cost Auto and Home Insurance

Nationwide

Best for Low Level of Complaints

Auto-Owners

Best for Military Members & Veterans

USAA

Pros and Cons of Bundling Home and Auto Insurance

Pros of Bundling

Save Money

Save Time

Multiple Policies, One Account

Have a Single Deductible

Cons of Bundling

Not Always the Best Buy

Not Always More Convenient

Might Not Fit Your Needs

Who Offers the Biggest Home and Auto Bundling Discount?

Average Home and Auto Bundling Discount by Company

The Cheapest Home and Auto Insurance Quotes

Cheapest Home and Auto Bundle Quotes

What To Look for When Choosing an Insurance Company

A Bundling Discount?

A Single Deductible

Coverage That Meets Your Needs

Competitive Overall Cost

How To Save Money When Bundling Home and Auto Insurance

Compare Quotes

Get All the Discounts You’re Eligible For

Shop Regularly

Complaints Against Auto and Home Insurance Companies

Methodology

Other Home and Auto Insurance Companies We Rated

Home and Auto Insurance Bundles Frequently Asked Questions (FAQs)

Is it worth it to bundle home and auto insurance?

Why do insurance companies want you to bundle?

What is homeowners insurance?

What is car insurance?

What insurance policies can be bundled together?

Next Up In Car Insurance