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

Michigan's best auto and home insurance bundles combine affordability and excellent service. MoneyGeek found the following companies offer the top two auto and home bundles in Michigan:

• Allstate: MoneyGeek score of 81 out of 100
• State Farm: MoneyGeek score of 80 out of 100

Allstate is the cheapest, widely available provider for auto and home insurance bundles in Michigan and ranks highest for discounts. Allstate ranked first for overall satisfaction for both home and auto insurance. State Farm scores similarly in overall satisfaction but is second to Allstate when it comes to discounts.

USAA offers the best home and auto insurance bundle in Michigan, but this provider is only available to people with a military background. However, if you are eligible, USAA's rates for auto and home insurance bundles are the cheapest in Michigan. The company also ranks highest for home and auto insurance user satisfaction.

In Michigan, you can save an average of $766 if you bundle your home and auto insurance policies. This is a 7% discount on the standard rate of purchasing separate policies. Among providers in Michigan, Allstate offers the highest discount for a home and auto insurance bundle at an average of 16%. Farmers’ bundling discount of 2% is the lowest in the state.

If you are looking for the cheapest home and auto insurance bundle in Michigan, keep in mind that the highest discount doesn’t always mean the cheapest rates. For instance, Allstate has the second-cheapest rates in Michigan despite having the highest discount. In contrast, USAA (only available to military members) only has a 6% discount but has the cheapest rates overall.

MoneyGeek found that without factoring in discounts, the cheapest providers for home and auto insurance bundles in Michigan are:

• Allstate: $7,809 per year
• State Farm: $8,411 per year

USAA’s bundle policy is the cheapest overall at $2,775 per year, but only those with a military background are eligible.

It is possible to save on your home and auto insurance without bundling by pairing the cheapest auto insurance policy with the cheapest home insurance policy.

In Michigan, the cheapest combination is an Allstate auto policy ($5,800) and a State Farm home policy ($2,537) for a total premium of $8,337. However, this combination costs $529 more than the cheapest bundle from Allstate, which costs $7,808 per year.

Bundling home and auto insurance in Michigan can be convenient if you want to take advantage of discounts and save on premiums. However, bundling is not necessarily the best option in all situations.