Farmers offers the most affordable home and auto bundle rates in New Jersey across all dwelling coverage levels. At $100,000 in dwelling coverage, the annual rate starts at $2,485, rising to $3,070 at the $250,000 level. Moving up to $500,000 dwelling coverage, Farmers charges $3,832 per year, while $750,000 coverage costs $4,474 annually. At the $1 million dwelling level, the rate reaches $5,210 per year. The filters above let you compare rates at each coverage level to find the best fit.
Best Cheap Home and Auto Bundle Insurance in New Jersey
Updated: April 3, 2026
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Key Takeaways
Farmers provides the most affordable home and auto bundle in New Jersey at $3,070 per year. Read more.
State Farm delivers New Jersey's largest bundle discount at 20%, saving customers $1,286 annually. Read more.
Farmers ranks as New Jersey's top bundle provider with a MoneyGeek score of 4.8 out of 5. Read more.
Cheapest Home and Auto Bundle in New Jersey
Data filtered by:
$250K Dwelling / $125K Personal Property / $200K Liability
50/100 w/ $1000 Deductible
40
| Farmers | $3,070 | $476 |
| Allstate | $3,783 | $543 |
| Progressive | $3,964 | $364 |
| State Farm | $5,217 | $1,286 |
*Rates are for a good credit driver with $250,000 dwelling coverage and 50/100 auto coverage with a $1,000 deductible. Use the filters to compare rates for different coverage levels.
Companies Offering the Biggest Bundle Discount in New Jersey
State Farm offers both the highest percentage discount at 20% and the largest dollar savings at $1,286 per year. But its bundled premium of $5,217 puts it on the higher end, making those savings most valuable for homeowners already considering a premium carrier. For budget-conscious residents, Farmers provides the most affordable overall option at $3,070 per year.
Data filtered by:
$250K Dwelling / $125K Personal Property / $200K Liability
50/100 w/ $1000 Deductible
| 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 good credit driver with $250,000 dwelling coverage and 50/100 auto coverage with a $1,000 deductible. Use the filters to compare rates across different coverage levels.
Best Home and Auto Bundle Companies in New Jersey
Two providers lead in the home and auto bundle market with strong MoneyGeek scores. Farmers takes the lead at 4.8 out of 5, offering competitive auto rates and comprehensive coverage options. Progressive follows closely at 4.6 out of 5, earning high marks for customer satisfaction and comprehensive auto coverage. Both insurers offer bundling discounts, with Farmers offering more affordable premiums, while Progressive does well in customer service.
| Cheapest Bundle | Farmers | 4.8 | $3,070 |
| Best Overall | Farmers | 4.8 | $3,070 |
| Runner-Up | Progressive | 4.6 | $3,964 |
| Biggest Discount | State Farm | 4.6 | $5,217 |
Best Overall: Farmers
pros
Signal telematics program rewards safe New Jersey drivers with additional discounts beyond the standard bundle savings.
Top-ranked bundle provider in New Jersey with a MoneyGeek score of 96 out of 100.
Bundling saves policyholders $476 per year at a 13% discount.
Equipment breakdown coverage protects home systems and appliances, an option not widely available among New Jersey insurers.
cons
Auto customer satisfaction ranks fourth among the four providers in MoneyGeek's New Jersey analysis.
Home coverage options rank third out of four providers, indicating some gaps relative to competitors.
Farmers uses affiliate companies for home insurance underwriting in some markets, which can complicate claims processing and customer service.
COMPANY HIGHLIGHTS
Scoring 96 out of 100, Farmers ranks first among New Jersey's home and auto bundle providers with a MoneyGeek rating of 4.8 out of 5. At $3,070 per year, policyholders save $476 annually by bundling, a 13% discount over buying policies separately.
Farmers' Signal telematics program rewards safe driving habits with additional auto discounts beyond the standard bundle savings, using smartphone technology to track driving behavior. Home policies in New Jersey include comprehensive weather protection for the state's hurricane and flooding risks, with coverage options that address coastal property concerns. The company writes both home and auto policies directly rather than through third-party affiliates in the state.
Farmers provides 24/7 claims reporting and a mobile app that lets bundled policyholders manage both policies from a single platform.
Runner-Up: Progressive
pros
Progressive's Snapshot telematics program allows safe drivers to earn additional discounts on top of the standard bundle savings.
Strong MoneyGeek score of 92 out of 100, second among New Jersey's bundle providers.
Bundling saves policyholders $364 per year at an 8% discount.
Progressive ranks first in auto customer satisfaction among analyzed providers in New Jersey.
cons
Progressive's home customer experience ranks last among the four providers analyzed in New Jersey.
Home coverage options rank fourth out of four providers in MoneyGeek's evaluation.
COMPANY HIGHLIGHTS
Progressive scores 92 out of 100 (4.6 out of 5), earning New Jersey's second-highest bundle rating just 4 points behind Farmers. At $3,964 per year, policyholders save $364 through an 8% bundle discount.
Progressive's Snapshot program uses driving data to reward safe habits with additional auto discounts beyond bundle savings, appealing to New Jersey drivers facing high auto rates. Home policies are underwritten through affiliate American Strategic Insurance in New Jersey and include coverage options like water backup and identity theft protection. The company excels in auto customer satisfaction, ranking first among New Jersey providers.
Progressive's mobile app lets bundled policyholders manage both policies in one place, with features like photo claims submission and real-time claim tracking.
How to Get Cheaper Home and Auto Bundle Insurance in New Jersey
Adjusting coverage levels and stacking available discounts are the most effective ways to reduce your premium.
Choose a Higher Deductible
Increasing your home deductible from $500 to $1,000 or higher reduces your premium. You'll pay more out-of-pocket if you file a claim, so make sure you have adequate emergency savings before making this change.
Use a Driving Discount Program
Progressive's Snapshot program and Farmers' Signal telematics program track your driving habits through smartphone apps. Safe drivers can earn up to 25% discounts that stack with your bundle savings.
Improve Your Home's Storm Resistance
Hurricane straps, impact-resistant roofing and storm shutters qualify for premium discounts in coastal New Jersey. These mitigation features reduce wind and hail damage risk while stacking with your bundle discount.
Keep Your Credit Score Strong
New Jersey insurers use credit-based insurance scoring for both home and auto coverage. Maintaining good credit can lower your premiums at renewal, as insurers view higher credit scores as indicators of lower claim risk.
Home and Auto Insurance in New Jersey: FAQ
Does New Jersey's regional risk affect bundle insurance rates?
Yes. Hurricane risk is the reason for high home insurance premiums in New Jersey. Insurers evaluate wind zone classifications, proximity to the Atlantic coast, flood zone designations and storm surge exposure when calculating rates. Installing hurricane straps and impact-resistant windows can help offset premium increases.
Which company has the best bundle in New Jersey for homeowners who want more coverage?
State Farm leads New Jersey's homeowners insurance market with a MoneyGeek score of 92, offering unique add-ons like equipment breakdown coverage, service line protection and disappearing deductibles. But Farmers scores even higher at 96 overall for comprehensive quality.
Should I bundle home and auto insurance in New Jersey?
Yes. Every provider in MoneyGeek's New Jersey analysis saves policyholders money through bundling, making it an effective way to reduce your overall insurance costs. Combining policies simplifies billing and renewals, too. Always compare bundled rates against separate quotes before committing.
Best Auto and Home Insurance Bundle in New Jersey: Our Methodology
MoneyGeek sourced home and auto bundle premiums from the New Jersey Department of Banking and Insurance, Quadrant Information Services, AM Best and J.D. Power. Premiums are averages and vary by ZIP code, claims history and individual profile.
- MoneyGeek score: Weights affordability, customer satisfaction (AM Best and J.D. Power) and coverage quality
- Baseline driver: 40-year-old with good credit, 2021 Toyota Camry, 50/100 full coverage with $1,000 deductible
- Baseline home: $250,000 dwelling, $125,000 personal property, $200,000 liability
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in 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!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.