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

MoneyGeek scored combination insurance providers based on factors like affordability, customer service and discounts. According to our analysis, the top two insurance companies in Florida that offer home and auto bundles are:

• State Farm: MoneyGeek score of 82 out of 100
• Allstate: MoneyGeek score of 73 out of 100

State Farm scored highest in home and auto satisfaction categories. Although it’s not the cheapest bundle, its discounts far surpass the competition. Allstate, our runner-up pick, lagged in affordability and auto insurance satisfaction but earned a solid above-average rating in home insurance satisfaction.

The average annual home and auto insurance bundle discount in Florida is $190, which equates to 5% off the total cost. According to MoneyGeek’s research, State Farm offers the most significant discount rate at 17%, whereas Travelers has the smallest discount at 3%. Allstate and Allied insurers, however, do not offer discounts for bundling.

The company with the biggest bundle discount doesn’t necessarily mean the cheapest or best option for you. For instance, Travelers has the most inexpensive home and auto bundle insurance in Florida, costing $3,100 per year. However, its average discount rate is smaller than other Florida insurance companies.

Discounts aside, the following companies offer the most affordable home and auto bundles in Florida:

• Travelers: $3,100 per year
• State Farm: $3,235 per year

The cheapest option isn’t always the most ideal for your specific needs. We recommend our readers review each company’s pros, cons and features to save the most money in the long run.

Bundling your home and auto insurance might not always be the most affordable option. Sometimes it’s possible to reap more substantial savings by combining insurance policies from two companies. In other words, pair the cheapest auto insurance you can find with the most affordable home insurance.

In Florida, it’s cheaper to purchase an unbundled policy. MoneyGeek found that for an average of $2,761 per year, you can pair State Farm auto insurance ($1,742) with Travelers home insurance ($1,019). Doing so is $339 cheaper than a $3,100 bundled home and auto insurance policy from Travelers.

Generally, bundling your auto and home insurance in Florida is a good idea — having policies with one provider is more convenient. You might also secure a cheaper rate when you bundle your policies. However, bundling may not be the most affordable option for everyone.