Best and Cheapest Home and Auto Bundle Companies in New Jersey (2024)

When looking for the best bundle insurance in New Jersey, consider a provider that offers great service and rates for both home and auto insurance as well as a substantial bundling discount.

MoneyGeek’s analysis found that the top two bundle insurance companies in New Jersey are:

• State Farm: MoneyGeek score of 76 out of 100
• Allstate: MoneyGeek score of 75 out of 100

State Farm ranked first for overall home insurance satisfaction and discounts. State Farm placed second for auto satisfaction, but it has higher rates when compared with Allstate.

Save approximately $364 by bundling your home and auto insurance policies. MetLife and Metropolitan tie in first place for the most significant bundling discount at 16%, whereas Travelers' 4% discount is the smallest among New Jersey providers.

When shopping for the most affordable rates, keep in mind that the biggest discount doesn’t always translate into the cheapest rates. For instance, in New Jersey, Metropolitan has the highest discount, but it is still more costly than Allstate, which has a 13% discount.

Without considering discounts, the cheapest companies for auto and home bundle insurance in New Jersey are:

• Allstate: $2,412 per year
• Travelers: $2,641 per year

Apart from bundling with one company, you can also get cheap home and auto insurance rates by pairing the cheapest car insurance with the most affordable home insurance, regardless of the provider.

In New Jersey, the cheapest non-bundled combination pairs an Allstate auto policy ($1,544) with a Travelers home policy ($869) for a total premium of $2,413 per year. Compared with the cheapest bundle, Allstate at $2,412, the non-bundled combination costs almost the same.

Bundling home and auto insurance in New Jersey can help you save on premium costs and also makes it easier to manage your payments. However, bundling may not always be the best option.