Best and Cheapest Home and Auto Bundle Companies in Illinois (2023)

With an average annual premium of $2,274, State Farm offers the best bundle insurance in Illinois, according to MoneyGeek's research. However, Allstate is the cheapest option, costing an average of $2,117 annually.

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Advertising & Editorial DisclosureLast Updated: 1/24/2023
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iconBestInsurance BundleIllinois
2023
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Methodology

Why trust MoneyGeek? Illinois bundle rates are supported by our analysis of quotes, and ratings for the best bundles are based on our proprietary scoring system that balances cost and discounts with service experience.

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Quotes Analyzed

 
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The Best Home and Auto Bundles in Illinois

Cost, customer service and discounts were considered while evaluating bundle insurance carriers. According to MoneyGeek's analysis, the two best auto and home insurance providers in Illinois are:

  • State Farm: MoneyGeek score of 86 out of 100
  • Allstate: MoneyGeek score of 82 out of 100

Both State Farm and Allstate scored well in terms of home insurance, auto insurance and available discounts. However, Allstate is cheaper than State Farm.

State Farm

pros

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Earned a perfect score for discounts

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Earned above-average insurance bundle satisfaction

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Offers an extensive range of add-on coverages

cons

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Does not offer contents replacement cost coverage

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Does not offer extended reimbursement

COMPANY HIGHLIGHTS

State Farm was ranked as the best auto and home insurance provider in Illinois. The combined coverage from State Farm, which costs approximately $2,274 annually, decreases your rate by around $627 and saves you approximately 22%.

State Farm’s auto insurance is an ideal option for a majority of drivers, including those with traffic infractions and young drivers. It offers reimbursement for rental cars, roadside assistance and other standard auto insurance add-ons.

In addition, State Farm’s homeowners insurance comes at reasonable rates. By selecting extra coverages from their available options, you can customize your policy according to your needs. Additionally, it offers extra insurance services that, when bundled with your homeowners insurance, may qualify for a discount.

Read MoneyGeek's State Farm Auto Insurance Review
Allstate

pros

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Earned above-average home insurance satisfaction

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Earned a good score for discounts

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Offers several discounts and optional coverages

cons

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Does not offer contents replacement cost coverage

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Does not offer better car replacement coverage

COMPANY HIGHLIGHTS

Allstate is the second-best auto and home insurance provider in Illinois. Allstate's bundled coverage, which costs approximately $2,117 annually, reduces your rate by around $295. This translates into approximately 12% savings.

Allstate's auto insurance costs are neither affordable nor outrageously expensive for drivers looking for minimum or full coverage. When customers purchase a policy at least seven days before the start date, they are eligible for exclusive benefits. This includes an early signing discount. However, Allstate does not offer discounts for defensive driving or multiple cars.

Allstate homeowners insurance is suitable for homeowners seeking a reasonable balance of financial stability, customer service and affordability. In addition to standard insurance such as scheduled personal property and identity theft, Allstate offers specialized coverage for homes with a yard and garden.

Read MoneyGeek's Allstate Auto Insurance Review

The Best Home and Auto Bundles in Illinois for Military Backgrounds

With a score of 87 out of 100 on MoneyGeek, USAA is the best auto and home insurance provider in Illinois. However, USAA's eligibility requirements restrict its availability to the general public since it is only available to military families in Illinois.

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MoneyGeek Top Pick
USAA

USAA would be the best auto and home insurance company in Illinois overall if it weren't restricted to buyers with military backgrounds. It received perfect MoneyGeek scores for both auto and homeowner insurance satisfaction.

USAA's auto insurance is an excellent alternative for potential buyers, thanks to the company's fantastic track record for financial stability, customer satisfaction and affordability. It provides standard liability coverage, comprehensive insurance and collision insurance, but no additional coverage options are available.

USAA's home insurance offers high customer satisfaction and financial stability ratings at competitive premiums. USAA homeowners insurance customers may purchase home rental coverage and contents replacement cost coverage as optional coverages.

The Best Home and Auto Bundle Discounts in Illinois

In Illinois, you can save around $350 per year, or approximately 12%, for bundling home and auto insurance. As per MoneyGeek's research, State Farm offers the most significant discount rate at 22%, whereas USAA offers the smallest discount of around 8%.

Take into account that the company providing the highest bundle discount might not be the most economical or beneficial for you. For example, Allstate has the cheapest home and auto insurance in Illinois, with an annual cost of $2,117. However, in comparison to other Illinois insurance firms, its average discount is lower.

Home and Auto Bundle Discount in Illinois

The Cheapest Home and Auto Bundles in Illinois

According to MoneyGeek's assessment, the following insurance companies offer the cheapest home and auto insurance in Illinois:

  • Allstate: $2,117 per year
  • Travelers: $2,234 per year

However, keep in mind that the cheapest choice may not be the best for your specific consumer profile. To maximize long-term financial savings, MoneyGeek recommends that you carefully evaluate the benefits, drawbacks and features of each insurance company.

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MoneyGeek Top Pick
Allstate

Allstate provides the cheapest home and auto insurance in Illinois. The company's bundled premium is around $2,117, which is a roughly 12% savings over purchasing its home and auto insurance plans separately.

Allstate's car insurance premiums are neither inexpensive nor extravagantly costly for drivers choosing minimum or full coverage insurance. The insurance provides an automatic payment discount, referred to as the EZ pay plan, which establishes automatic withdrawals for payments. However, Allstate does not offer defensive driving or multiple car insurance discounts.

The homeowners insurance offered by Allstate strikes a decent balance between financial security, customer service and cost. Additionally, the insurance firm offers a wide range of popular add-on coverages, such as roadside assistance, rental car reimbursement, accident forgiveness and new car replacement. In addition, Allstate provides coverage for media and portable electronics.

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  • Car Insurance
    Annual Premium
  • Allstate
    $2,117
  • Travelers
    $2,234
  • State Farm
    $2,274
  • Farmers
    $2,569
  • Metropolitan
    $2,597
  • Nationwide
    $2,654

The Cheapest Non-Bundle Insurance Combinations in Illinois

Bundling your home and auto insurance policies may not be the most cost-effective option. Combining insurance policies from two different companies may result in greater cost reductions. However, the cheapest combination in Illinois (State Farm for auto insurance and Allstate for homeowners insurance) costs around $4 more per year than getting a bundled policy from Allstate.

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  • Auto Company
    Home Insurance
    Annual Premium
  • State Farm
    Allstate
    $2,123
  • Travelers
    Allstate
    $2,254
  • State Farm
    Farmers
    $2,338
  • State Farm
    Travelers
    $2,384
  • State Farm
    Nationwide
    $2,440
  • Travelers
    Farmers
    $2,469
  • Metropolitan
    Allstate
    $2,504
  • Travelers
    Nationwide
    $2,571
  • Farmers
    Allstate
    $2,594
  • Allstate
    Farmers
    $2,627
  • State Farm
    Metropolitan
    $2,658
  • Nationwide
    Allstate
    $2,670
  • Allstate
    Travelers
    $2,673
  • Metropolitan
    Farmers
    $2,719
  • Allstate
    Nationwide
    $2,729
  • Metropolitan
    Travelers
    $2,765
  • Travelers
    Metropolitan
    $2,789
  • Metropolitan
    Nationwide
    $2,821
  • Farmers
    Travelers
    $2,855
  • Nationwide
    Farmers
    $2,885
  • Farmers
    Nationwide
    $2,911
  • Nationwide
    Travelers
    $2,931
  • Allstate
    Metropolitan
    $2,947
  • Travelers
    State Farm
    $3,032
  • Farmers
    Metropolitan
    $3,129
  • Allstate
    State Farm
    $3,190
  • Nationwide
    Metropolitan
    $3,205
  • Metropolitan
    State Farm
    $3,282
  • Farmers
    State Farm
    $3,372
  • Nationwide
    State Farm
    $3,448

Should You Bundle Home and Auto Insurance in Illinois?

Having coverage with the same provider is more convenient, so bundling your car and home insurance in Illinois is generally a good option. By bundling your policies, you may also be able to save money. However, bundling may not always be the most cost-effective option for everyone.

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    Bundle discounts in Illinois can save you between 8% and 22% per year.

    Policyholders can save up to 22% by bundling their plans. MoneyGeek determined that State Farm offers the greatest discount rate. You can save up to $627 by bundling your State Farm home and auto insurance policies in Illinois. However, by combining with USAA, you can only save around 8%.

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    Bundles are a convenient way to combine your most important property insurance policies.

    There are advantages to bundling your home and auto insurance policies. If you bundle your house and auto insurance policies with the same provider, you might be able to reduce the amount of time you spend shopping around for policies as well as the overall cost.

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    In rare cases, it might be better not to bundle in Illinois.

    In Illinois, it may be less expensive not to bundle home and auto insurance. Do your research to find the best policies and prices for your unique insurance needs.

About the Author


expert-profile

Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.