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

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.

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.

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.

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

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.

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.