Farmers earns the top MoneyGeek score of 4.82 out of 5 for home and auto bundle insurance in New Jersey, with an annual bundled rate of $3,070, the lowest among all providers analyzed. I analyzed 400 quotes across 11 New Jersey ZIP codes, ranking providers on a weighted combination of affordability, customer satisfaction, and coverage quality. State Farm carries the largest bundle discount in the state at 20%, translating to $1,286 in annual savings, yet its total bundled premium of $5,217 per year remains the most expensive option.
Best Home and Auto Insurance Bundle in New Jersey
Updated: May 5, 2026
Advertising & Editorial Disclosure
Key Takeaways
Farmers has the top MoneyGeek score of 4.82 out of 5 for home and auto bundles in New Jersey, with the lowest annual bundled rate of $3,070.
State Farm offers New Jersey's highest bundle discount at 20%, saving policyholders $1,286 per year, but its total annual bundled premium of $5,217 is the most expensive among all ranked providers.
A bigger bundle discount does not guarantee the lowest total bill: State Farm's 20% discount saves $1,286 annually, yet Farmers' 13% discount results in a total premium that is $2,147 cheaper per year, making Farmers the better value for most New Jersey households.
Best Home and Auto Insurance Bundle in New Jersey
| Farmers | 4.82 | $3,070 | 13% |
| Progressive | 4.61 | $3,964 | 8% |
| Allstate | 4.61 | $3,783 | 13% |
| State Farm | 4.6 | $5,217 | 20% |
To learn more about how we rank the top home and auto insurance bundles, see our methodology.
Top 3 Home and Auto Bundle Companies in New Jersey
Farmers, Progressive and Allstate are the top three home and auto bundle providers in New Jersey. Farmers leads on price with the lowest annual bundled rate at $3,070 and the highest MoneyGeek score of 4.82 out of 5. Allstate produces the largest dollar savings among the top three at $543 annually through its 13% bundle discount. Progressive ranks first among all analyzed providers for auto customer satisfaction. New Jersey's Atlantic coast hurricane and storm surge exposure, among the highest auto insurance costs in the country, and increased property values in the New York metro area all contribute to higher-than-average bundle premiums in the state.
Farmers
MoneyGeek Rating
4.8/ 5
5/5Affordability
3.7/5Customer Experience
4.4/5Coverage
Annual Bundle Premium
$3,070Monthly Bundle Premium
$256Bundle Savings
13%
Progressive
MoneyGeek Rating
4.6/ 5
3.8/5Affordability
3.7/5Customer Experience
4/5Coverage
Annual Bundle Premium
$3964Monthly Bundle Premium
$330Bundle Savings
8%
Allstate
MoneyGeek Rating
4.6/ 5
4.1/5Affordability
3.5/5Customer Experience
3.8/5Coverage
Annual Bundle Premium
$3783Monthly Bundle Premium
$315Bundle Savings
13%
Cheapest Home and Auto Bundle in New Jersey
Farmers offers the cheapest home and auto insurance bundle in New Jersey at $3,070 per year, which is $713 less than the next cheapest option, Allstate, at $3,783. State Farm produces the biggest savings in the state at $1,286 per year through its 20% bundle discount, yet its total annual bundled premium of $5,217 is the most expensive among all ranked providers, more than $2,147 above Farmers.
| Farmers | $3,070 | $476 |
| Allstate | $3,783 | $543 |
| Progressive | $3,964 | $364 |
| State Farm | $5,217 | $1,286 |
Rates are for a 40-year-old with good credit and a clean driving record with $250,000 dwelling coverage and 50/100 auto coverage with a $1,000 deductible.
Companies Offering the Biggest Bundle Discount in New Jersey
State Farm offers the highest bundle discount in New Jersey at 20%, saving policyholders $1,286 per year, the largest dollar savings among all ranked providers. But its total annual bundled premium of $5,217 is the most expensive in the analysis, showing that a high discount percentage does not translate to a low total bill. Farmers' 13% discount saves $476 annually and results in a total bundled premium of $3,070, which is $2,147 cheaper per year than State Farm despite the smaller percentage discount.
| State Farm | 20% | $1,286 | $5,217 |
| Farmers | 13% | $476 | $3,070 |
| Allstate | 13% | $543 | $3,783 |
| Progressive | 8% | $364 | $3,964 |
Rates are for a 40-year-old with good credit and a clean driving record with $250,000 dwelling coverage and 50/100 auto coverage with a $1,000 deductible.
FINDING HOME AND AUTO INSURANCE BUNDLE IN NEW JERSEY
New Jersey's Atlantic coast and barrier island properties have insurer restrictions tied to hurricane and storm surge exposure, especially in areas affected by Hurricane Sandy. Some insurers impose increased deductibles or coverage restrictions for coastal properties in these zones.
Flood coverage requires a separate NFIP or private flood policy and is not included in a standard home and auto bundle. New Jersey policyholders, especially those in FEMA-designated flood zones, should budget for this additional cost separately.
New Jersey's high auto insurance costs make the auto portion of a bundle more expensive than the national average, which affects total bundle cost calculations. All providers in MoneyGeek's analysis are actively writing policies in New Jersey.
How to Get Cheap Home and Auto Bundle Insurance in New Jersey
New Jersey carries some of the highest auto insurance costs in the country, which raises the floor on any bundled premium, and Atlantic coastal hurricane exposure drives increased home premiums in shoreline communities. These two cost drivers mean New Jersey policyholders benefit more than most from actively shopping for savings strategies.
- 1Choose a Higher Deductible
Raising your home insurance deductible from $500 to $1,000 reduces your annual home premium, and the same logic applies to auto comprehensive and collision deductibles. The trade-off is that you pay more out of pocket after a claim, so make sure you have adequate cash reserves before making the switch. Review both your home and auto deductibles at renewal to see the combined effect.
- 2Try a Telematics Auto Program
Telematics programs track driving behavior, including speed, hard braking, and mileage, and can lower your auto rate based on actual driving habits rather than demographic averages. Progressive's Snapshot program is available to New Jersey policyholders and can produce real auto savings for safe or low-mileage drivers. These savings stack on top of the bundle discount, meaning a good driver who also bundles can reduce their total premium from two directions at once. Ask your insurer about available telematics options when you shop.
- 3Protect Your Home Against Coastal Wind, Storm Surge, and Flooding
Hurricane and nor'easter exposure along New Jersey's Atlantic coast and barrier island communities is the primary driver of increased home premiums in coastal areas. Storm-resistant roofing, reinforced windows, and wind mitigation improvements can qualify for home insurance discounts that directly reduce the home portion of your bundle. Flood insurance requires a separate policy, either through the NFIP or a private flood insurer, and is not part of a standard home and auto bundle. Policyholders in FEMA-designated flood zones should factor the cost of separate flood coverage into their total insurance budget.
- 4Compare Quotes When Your Policy Renews
Among the providers I analyzed in New Jersey, annual bundled premiums range from $3,070 with Farmers to $5,217 with State Farm, a spread of $2,147 per year for comparable coverage profiles. Comparing bundled quotes at renewal takes less time than most homeowners expect and can produce savings that dwarf any single discount. Even switching from the second-cheapest to the cheapest option in this analysis would save more than $700 annually. Set a calendar reminder to gather at least two or three competing bundle quotes before each renewal.
Home and Auto Insurance Bundle in New Jersey: FAQ
Why is car insurance so expensive in New Jersey, and how does it affect bundle rates?
New Jersey consistently ranks among the most expensive states for auto insurance due to high population density, heavy traffic congestion, a high frequency of claims, and the state's no-fault insurance system that requires personal injury protection coverage. In MoneyGeek's New Jersey bundle analysis, auto premiums make up the majority of the total bundled cost. For example, Farmers' auto portion alone is $2,066 annually, which means the state's increased auto costs raise the floor on every bundle quote regardless of the home premium. Shoppers should compare total bundled premiums rather than focusing solely on the bundle discount percentage.
Which company has the best bundle in New Jersey for coastal homeowners?
Farmers earns the top MoneyGeek score of 4.82 out of 5 and offers the lowest annual bundled premium in New Jersey at $3,070, making it the strongest option for most homeowners, including those in coastal areas. Coastal New Jersey homeowners should also confirm that their chosen insurer writes policies in their specific ZIP code, as some carriers impose restrictions or increased deductibles in hurricane and storm surge exposure zones along the Atlantic shore.
Should I bundle home and auto insurance in New Jersey?
Bundling home and auto insurance in New Jersey saves compared to buying the two policies separately. In MoneyGeek's analysis, bundle savings range from $364 with Progressive to $1,286 with State Farm annually. The more important question is whether the bundled total from a single insurer is lower than the combined cost of buying each policy from the cheapest individual provider, which requires comparing quotes both ways.
Does flood insurance need to be purchased separately in New Jersey?
Yes. Flood insurance is not included in any standard home and auto bundle and must be purchased separately, either through the federal National Flood Insurance Program (NFIP) or a private flood insurer. New Jersey has a large number of properties in FEMA-designated Special Flood Hazard Areas, particularly along the Atlantic coast, barrier islands, and river floodplains, and policyholders in these zones are often required by their mortgage lender to carry flood coverage. Budget for this additional policy cost separately from your home and auto bundle premium.
How do I know if my bundle discount is actually saving me money?
To verify that your bundle is producing real savings, get separate quotes for your home and auto policies from the same insurer and compare the combined unbundled total to the bundled price. The difference is your actual dollar savings. In MoneyGeek's New Jersey analysis, the bundle discount percentage and the dollar savings do not always align: State Farm's 20% discount saves $1,286 annually, but its total bundled premium of $5,217 is still the most expensive option. Use our home and auto bundle calculator to compare your options side by side.
What's the difference between a bundle discount and actual bundle savings?
A bundle discount is the percentage reduction applied to your individual policy premiums when you purchase both policies from the same insurer, while actual bundle savings is the dollar amount you save compared to buying each policy separately. A high bundle discount percentage does not guarantee low total costs. A provider with a 20% discount on expensive base premiums can still cost more than a provider offering a 13% discount on lower base premiums. Always compare the total annual bundled premium, not just the discount percentage, when evaluating bundle offers.
MoneyGeek analyzed 400 quotes across 11 New Jersey ZIP codes to build the rankings on this page. Data sources include Quadrant Information Services, AM Best, J.D. Power and the New Jersey Department of Banking and Insurance. Figures are averages, and actual rates vary by ZIP code, claims history, and individual profile.
MoneyGeek updates this page annually as new quote data becomes available. The figures on this page reflect 2025 rate data collected through Quadrant Information Services across 11 New Jersey ZIP codes. Premium figures are averages based on the standard profile described in the methodology and will differ from individual quotes.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty (P&C) Insurance Producer in Connecticut, is MoneyGeek's resident insurance expert. He has analyzed the insurance market for almost a decade, first with LendingTree and now with MoneyGeek, conducting original research on hundreds of insurance companies and millions of insurance rates for insurance shoppers.
He writes about economics and insurance on MoneyGeek, breaking down complex topics so people can have confidence in their purchase. Like all MoneyGeek analysts, Mark collects and analyzes independent cost and consumer experience data on insurance companies to provide objective recommendations in our content that are independent of any of MoneyGeek's insurance company partnerships.
His insights on products ranging from car, home and renters insurance to health and life insurance have been featured in The Washington Post, The New York Times and NPR, among others.
Mark holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He started his career working in financial risk management at State Street before transitioning to the analysis of the personal insurance market. He's also a five-time Jeopardy champion!