Below are our picks for the best home and auto insurance bundling companies in New Jersey:
Best Home and Auto Insurance in New Jersey
Updated: April 7, 2025
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Key Takeaways
State Farm and Allstate are the top home and auto insurance companies in New Jersey.
State Farm offers the best home and car insurance discount, with savings of 16% on auto and 35% on home insurance.
The average annual cost of home and auto insurance in New Jersey is $3,318, about 7% higher than the national average.
Who Offers the Best Home and Auto Insurance Bundles in New Jersey?
| State Farm | 94 | $2,710 | $758 |
| Allstate | 84 | $2,690 | $327 |
| Farmers | 82 | $4,719 | $310 |
| Progressive | 71 | $3,154 | $274 |
State Farm: Best Cheap Home and Auto Insurance in New Jersey
State Farm is a top pick for affordable home and auto insurance in New Jersey, saving customers $758 annually by bundling policies. The company offers many discounts, including its Drive Safe and Save program. State Farm ranks fourth for auto and seventh for home insurance in a J.D. Power study.
| Auto | $1,992 | $370 | 16% |
| Home | $719 | $388 | 35% |
Allstate: Best Home and Auto Insurance Coverage Options in New Jersey
Allstate offers one of the most affordable home and auto insurance options in New Jersey. It provides various discounts, including the Drivewise program, which can reduce car insurance costs by up to 40%. Allstate's unique coverage options include accident forgiveness to prevent rate increases after crashes, new car replacement and green improvement reimbursement for eco-friendly upgrades.
| Auto | $1,641 | $107 | 6% |
| Home | $1,049 | $220 | 17% |
New Jersey Home and Auto Insurance Cost
New Jersey's average monthly home and auto insurance cost is $277, above the national average of $258. Depending on the provider, monthly rates range from $224 to $393.
| New Jersey home and auto insurance bundle | $3,318 | $-225 | 7% |
| National home and auto insurance bundle | $3,094 | $0 | 0% |
New Jersey Home and Auto Insurance Quotes Without Bundling
Not bundling home and auto insurance in New Jersey is more expensive, but your quotes may differ. Below are the average costs of all coverage combinations from our top providers, without bundling, from cheapest to most expensive.
| Allstate | State Farm | $2,855 |
| Progressive | State Farm | $2,955 |
| Allstate | Farmers | $3,022 |
| Progressive | Allstate | $3,117 |
| Progressive | Farmers | $3,122 |
| Allstate | Progressive | $3,328 |
| State Farm | Allstate | $3,630 |
| State Farm | Farmers | $3,635 |
| State Farm | Progressive | $3,941 |
| Farmers | State Farm | $4,861 |
| Farmers | Allstate | $5,024 |
| Farmers | Progressive | $5,334 |
Should I Bundle Home and Auto Insurance in New Jersey?
For New Jersey drivers, bundling home and auto insurance is often more affordable than buying each separately. Assess your coverage needs and financial situation to find your best option.
Bundling discounts cost less than individual policies
Bundling home and auto insurance can save you money. The cheapest annual cost without bundling is $2,855, while bundling brings it down to $2,690.
Bundling makes policy management convenient
Bundling home and auto insurance simplifies account management and saves time.
In rare cases, it might be better not to bundle in New Jersey
Choosing not to bundle might not save you more money, but it can offer more flexibility in coverage options.
Best Auto and Home Insurance in New Jersey: Bottom Line
Allstate and State Farm lead for bundling home and auto insurance in New Jersey. Bundling saves more money than separate purchases. However, compare multiple companies and get quotes to find the best deal for your situation.
Home and Auto Insurance in New Jersey: FAQ
Find expert answers to common questions on New Jersey home and auto insurance here:
Who has the best home and auto insurance in New Jersey?
State Farm is the best cheap home and auto insurance provider in New Jersey. Allstate has the best coverage offerings in the state.
Who has the cheapest home and auto insurance in New Jersey?
Allstate offers the most affordable home and auto insurance bundle in New Jersey at $2,690 annually. Customers save about $327 annually compared to the state average.
How much does home and auto insurance in New Jersey cost on average?
The average annual premium for a home and auto bundle in New Jersey is $3,318, about 7% higher than the national average. The lowest bundling rate in the state is $2,690, while the highest reaches $4,719.
Is bundling home and auto insurance cheaper in New Jersey?
Bundling home and auto insurance is cheaper in New Jersey. While saving money, also ensure adequate coverage against significant losses.
Best Auto and Home Insurance Bundle in New Jersey: Our Methodology
Bundle Scoring System
MoneyGeek used data from the New Jersey Department of Banking and Insurance and Quadrant Information Services to calculate home and vehicle insurance rates. We added customer satisfaction ratings from leading agencies, including AM Best and J.D. Power, to create individual scores for home and auto insurance. We also looked at each insurer's bundle discounts to measure savings potential.
We based the "bundle score" out of 100 on these weighted categories:
- Home insurance score: 40%
- Auto insurance score: 40%
- Discounts: 20%
Car, Home and Buyer Profile in New Jersey
MoneyGeek's typical profile includes:
- 40-year-old male
- Good driving history
- 2010 Toyota Camry LE
- 12,000 miles driven annually
- Home built in 2000
Coverage Levels in New Jersey
MoneyGeek analyzed rates for full coverage auto insurance with these limits:
- $100,000 property damage liability
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- Comprehensive and collision coverage with a $1,000 deductible
We also analyzed rates for homeowners insurance with the following coverage:
- $250,000 dwelling coverage
- $25,000 other structures coverage
- $100,000 personal property coverage
- $25,000 loss of use coverage
- $100,000 personal liability coverage
- $1,000 medical payments coverage
- All-perils coverage with a $1,000 deductible
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.