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

MoneyGeek evaluated insurance providers based on affordability, customer service and discount to find the best for bundling. Based on our findings, the two companies offering the best auto and home insurance bundles in Alaska are:

• State Farm: MoneyGeek score of 81 out of 100
• Allstate: MoneyGeek score of 72 out of 100

State Farm and Allstate had the same auto and home satisfaction scores. When it comes to bundling affordability, State Farm is the cheapest, open-to-all company, and it ranked the highest for a discount. Allstate, our runner-up pick, offers a more expensive rate for bundling and a smaller discount.

For military members, veterans and their families, the best bundling option for auto and home insurance in Alaska is USAA. Aside from having the cheapest rate, the company earned perfect scores for auto and home satisfaction. However, its eligibility requirements limit its availability to the general population in the state.

In Alaska, the average home and auto insurance bundle discount is 13%, which saves policyholders around $275 a year. Based on MoneyGeek’s research, State Farm offers the biggest bundle discount in the state at 19%, whereas Allstate has the smallest open-to-all discount at 13%.

It’s worth noting, however, that the biggest discount doesn’t always mean the lowest rate for auto and home insurance bundling. For instance, USAA, which is only available to military members, offers the cheapest bundled premium at approximately $1,555 per year, but it only has a discount of around 5%. Meanwhile, State Farm takes around 19% off the premium when bundling, but it’s more expensive than USAA even after that discount at roughly $1,802 per year.

Regardless of the discount, the two cheapest companies for auto and home bundles in Alaska are:

• State Farm: $1,802 per year
• Allstate: $2,109 per year

For Alaskans with military backgrounds, the most affordable option in the state may be USAA. Its bundle costs an average of $1,555 per year.

There are some cases in which it’s more affordable to get insurance policies from two different providers and not bundle them with one company. Essentially, that means pairing the cheapest auto insurance available with the least expensive homeowners insurance.

At roughly $2,314 per year, the cheapest non-bundled combination in Alaska comes from pairing Allstate auto insurance (around $1,143 per year) with a State Farm homeowners policy (roughly $1,171 per year).

However, this is around $512 more expensive than bundling with State Farm, which costs roughly $1,802 annually.

Usually, it’s wise to bundle auto and home insurance with the same provider in Alaska. Doing so usually provides convenience and more affordable insurance. But bundling may not always be the cheapest or best option for everyone.