The Best Bundled Insurance in Arizona
The Best Home and Auto Bundles in Arizona
MoneyGeek scored and evaluated bundle insurance companies according to affordability, customer service and discounts. According to our study, the top two insurance companies in Arizona that offer home and car bundles are:
- State Farm: MoneyGeek score of 87 out of 100
- Allstate: MoneyGeek score of 79 out of 100
State Farm performed well in auto and home satisfaction and received the highest ratings among providers for discounts. Our runner-up, Allstate, obtained high scores in all three categories, but its policies cost more than those offered by State Farm.
Earned a perfect score in discounts
Scored 4 out of 5 in auto and home insurance
Provides rideshare insurance
Does not offer accident forgiveness coverage
Does not offer a pay-in-full discount for car insurance
State Farm is MoneyGeek’s best auto and home insurance provider in Arizona. It offers the highest discount rate for car and home insurance bundles. The average yearly premium for a home and auto insurance bundle costs $2,105, which is $426, or 17%, less than the cost of its individual insurance policies.
State Farm provides low-cost add-on coverage options to existing policies, one of which is roadside assistance. This covers vehicle breakdowns, dead batteries and towing, as well as lockouts. On the other hand, State Farm doesn’t offer more common add-ons like deductible modification, better car replacement or new car replacement.
In terms of home insurance, State Farm offers one of the most comprehensive home insurance policies in the market. It has unique add-ons, such as vacancy coverage, which protects your property or home from vandalism and covers damages related to broken glass. The coverage is only applicable if no one has lived on the property for more than 30 days, and its contents have been removed.
Scored 4 out of 5 in auto and home insurance
Offers accident forgiveness coverage
Offers discount for paperless billing
Receives more complaints than the national average for home insurance
Does not offer better car replacement coverage
Allstate is the runner-up for the best auto and home insurance bundle in Arizona. An Allstate car and home insurance bundle costs $2,803 per year and features a 12% discount for bundling policies.
Allstate has a variety of unique discounts and coverages, such as portable electronics and media coverage, rideshare insurance and custom parts coverage. However, it’s important to note that these are add-on coverages that aren’t automatically included in your policy.
Home insurance from Allstate also has different extra coverages that you can add to your policy. With the insurer’s mold coverage, you can safeguard your home against mold and fungi, with certain restrictions. Green improvement reimbursement coverage allows you to replace damaged or destroyed items with eco-friendly and energy-efficient items.
The Best Home and Auto Bundles in Arizona for Military Backgrounds
For military members and their families, the best choice for home and auto bundles in Arizona is USAA. It earned a MoneyGeek score of 92 out of 100, which is the highest score of all evaluated providers. Though the provider only offers a 5% discount for bundling policies, its policies cost relatively less than other providers at $1,893 per year.
USAA received excellent customer service, financial stability and affordability ratings. However, its policies are only available to military members and their families. Online tools and resources included on the provider’s website allow policyholders to conveniently manage their accounts.
USAA auto insurance is affordable for all driver types, including drivers with a history of violations and youth drivers. But again, policies are only available to current and former military members and their families.
The Best Home and Auto Bundle Discounts in Arizona
In Arizona, residents can save an average of $297, or 10%, each year by bundling their home and auto insurance. According to MoneyGeek’s study, State Farm offers the highest discount rate in the state at 17%. In comparison, Nationwide offers the lowest discount rate at 6%. USAA, although exclusive for current and former military members and their families, only offers a discount rate of 5% in Arizona.
Remember that the insurance company that offers the highest discount for bundling insurance policies may not be the most affordable option. Nationwide offers the cheapest home and auto bundle insurance in Arizona at $1,983 per year, but it only features a discount of 6% for bundling policies.
The Cheapest Home and Auto Bundles in Arizona
MoneyGeek found that the following companies are the top two cheapest providers for home and auto bundles in Arizona:
- Nationwide: $1,983 per year
- State Farm: $2,105 per year
Although these are the cheapest providers of home and auto bundles in the state, it’s important to recognize that they may not be the best for your needs. MoneyGeek suggests that you compare quotes from different insurers to find the option that works best for you.
Nationwide is Arizona's cheapest auto and home insurance. On average, an annual premium for a bundled policy costs $1,983 and features a discount of 6%. State Farm is Arizona's second-cheapest car and home insurance provider, with an annual premium of $2,105 and discount rate of 17%.
Nationwide car insurance offers typical discounts like bundling, safe driver, anti-theft, paperless and defensive driving. It also offers an additional discount for automatic payments. Plus, home insurance from Nationwide offers discounts for bundling policies, protective devices installed in your home, home renovations and your home’s roofing material.
The Cheapest Non-Bundle Insurance Combinations in Arizona
In some cases, bundling may not be the most affordable option. You may be able to save more money by combining insurance policies from different providers.
However, in Arizona, bundling insurance results in the most savings. For instance, the cheapest non-bundling insurance option combines Travelers car insurance ($1,232) with Nationwide home insurance ($983) for a total cost of $2,214 per year. This is more than a car and home insurance bundle from Nationwide, which is $1,983.
Should You Bundle Home and Auto Insurance in Arizona?
Bundling your home and auto insurance in Arizona may be a good idea if your main goal is convenience, as it’s typically easier to manage your car and home insurance through the same provider. However, if saving money is your primary objective, it’s better to bundle your home and auto insurance.
Bundle discounts in Arizona can save you between 5% and 17% per year.
MoneyGeek found that State Farm offers the highest discount rate at 17%, which equates to $426, if you bundle your auto and home insurance. With USAA, eligible military members and their families will only receive a 5% discount. For non-military, Nationwide offers the lowest discount at 6% for bundling insurance policies.
Bundles are a convenient way to combine your most important property insurance policies.
With bundled insurance, you can conveniently manage your car and home insurance and streamline payments in a single platform.
In rare cases, it might be better not to bundle in Arizona.
With certain lenders, it may be more expensive to bundle policies than to purchase them individually. For instance, the third cheapest provider for auto and home insurance bundles, Allstate, costs $2,803 per year, while individual auto and home insurance policies purchased with Travelers ($1,232) and Nationwide ($939), respectively, would only cost a total of $2,214 per year. However, in general, it’s more cost effective to bundle policies in Arizona.
About Mark Fitzpatrick