The Best Bundled Insurance in Nevada
The Best Home and Auto Bundles in Nevada
MoneyGeek studied Nevada’s insurance companies and analyzed their bundle offers based on service quality, premium price and discount opportunities. Our research found that these providers offer the best home and car insurance bundles in Nevada:
- State Farm: MoneyGeek score of 85 out of 100
- Allstate: MoneyGeek score of 77 out of 100
State Farm scored 4 out of 5 for home and car insurance satisfaction while having a mid-range price. On the other hand, Allstate received the same scores as State Farm but costs more.
Scored 4 out of 5 in auto and home insurance
Scored 5 out of 5 for discounts
Has loss assessment coverage
Offers energy efficiency upgrade coverage
Doesn’t have extended reimbursement coverage
Lacks contents replacement cost insurance
MoneyGeek’s research shows that State Farm offers Nevada’s overall best home and auto insurance bundle. Its bundled policies cost approximately $2,667 per year, with a bundling discount of roughly 13%, or $416 per year.
Additionally, State Farm provides useful add-on coverages that increase consumer protection. If you're buying auto insurance from State Farm, you can include rideshare insurance. This rider offers continuous coverage even while a transportation network company employee waits for a passenger.
You can add loss assessment coverage to your State Farm home insurance policy. This coverage pays for your portion of HOA-related expenses following a covered loss. You can also add energy efficiency upgrade coverage, which shoulders up to 150% of the cost of replacing your heating, air conditioning or water heating unit with a more energy-efficient option.
Rated 4 out of 5 in car and home insurance and discounts
Offers custom parts coverage
Has yard and garden coverage as an add-on
Lacks multiple car discount
Doesn’t offer home renovation discount
Based on MoneyGeek’s analysis, Allstate is Nevada’s second-best home and car insurance bundle provider. Its bundled policies cost approximately $2,715 per year, which is the second most expensive in the state, even with a bundling discount that amounts to roughly 8%, or $230 per year.
Notably, Allstate auto insurance offers custom parts coverage, which pays for damages to your car’s custom equipment, such as carpeting, bars, graphics and height-extending roofs. You can also get portable electronics and media coverage, which protects your tapes, CDs and other items related to your vehicle’s sound system.
Allstate home insurance offers a yard and garden add-on that increases your coverage limits for items like trees, landscaping and lawn mowers. You can also include mold coverage in your policy.
The Best Home and Auto Bundles in Nevada for Military Backgrounds
Home and auto insurance policies from USAA are only available to active service members, veterans and their families. Despite their limited availability, they are a great insurance option for Nevadans with military backgrounds.
If you have a military background, USAA offers the best home and car insurance bundle in Nevada. This company scored 5 out of 5 for car insurance and 4 out of 5 for home insurance. Its bundled policies cost around $2,113 per year, the cheapest in the state.
You can add accident forgiveness coverage to your USAA auto policy to avoid a surcharge after your first at-fault accident. Keep in mind that you need to be accident-free for over five years before you can get this coverage. Additionally, you can get earthquake coverage with your USAA home insurance policy.
The Best Home and Auto Bundle Discounts in Nevada
On average, you receive a 7%, or $205 discount, when you bundle your home and auto insurance in Nevada.
Based on our analysis, State Farm has the highest bundling discount in the state at 13%. Meanwhile, Travelers offers the lowest discount at 2%.
However, the company with the highest bundling discount doesn’t always have the cheapest rates.
In fact, State Farm’s policies have a mid-range price at approximately $2,667 per year. Conversely, Travelers provides the cheapest bundled insurance in Nevada, despite having the lowest discount. On average, its home and auto insurance policies cost $2,224 per year.
The Cheapest Home and Auto Bundles in Nevada
Without discounts, the most affordable home and auto insurance bundles in Nevada are:
- Travelers: $2,224 per year
- State Farm: $2,667 per year
USAA offers cheaper home and car insurance bundles at around $2,113 per year. However, this company’s policies are only available to veterans, military members and their families.
Travelers has the cheapest home and auto insurance bundle in Nevada. You can bundle policies with this company for around $2,224, which comes with a 2% or $42 discount. In addition, Travelers has various discount opportunities that can further reduce the cost of its policies.
For example, students with a B average or better can save on their car insurance. In addition, Travelers gives you a discount if you have had no accidents, violations or major comprehensive claims in your household for at least three years. Likewise, you can receive a discount on your home insurance premiums if you haven't experienced a loss within a specified time.
The Cheapest Non-Bundle Insurance Combinations in Nevada
If you don't like the bundling options available, you can still get affordable insurance by combining home and car policies from two companies.
In Nevada, combining Farmers' home insurance with Travelers' auto insurance results in the lowest rate of around $2,306 per year. However, bundling your home and auto insurance with Travelers is still cheaper at $2,224 per year.
Should You Bundle Home and Auto Insurance in Nevada?
Bundling your home and car insurance is recommended in most cases. It results in premium savings and gives you the convenience of dealing with just one company. However, some individuals may find a better deal by combining home and auto policies from different companies.
Bundle discounts in Nevada can save you between 2% and 13% per year.
You can bundle your home and auto insurance in Nevada to reduce your insurance costs. State Farm has the highest discount in the state at 13%, whereas Travelers offers the lowest discount at 2%.
Bundles are a convenient way to combine your most important property insurance policies.
Bundling your home and auto insurance in Nevada is advisable. Doing so results in an average of 7% or $205 discount. Bundling also gives you the convenience of doing business with one provider.
In rare cases, it might be better not to bundle in Nevada.
Sometimes, pairing home and auto insurance from different companies can result in better rates than bundling because prices vary depending on your profile and preferences.
About Mark Fitzpatrick