Best and Cheapest Home and Auto Bundle Insurance Companies in 2022

The best home and auto insurance bundle is from State Farm, with an average annual rate of $2,534 per year. State Farm won our top pick as the best auto and home insurance bundle for their sizable discount and excellent customer service.

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Last Updated: 9/20/2022
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A home and auto insurance bundle combines both policies with the same insurer. Bundling your policy can provide greater value and make your policy cheaper and easier to manage. The best auto and home insurance companies for bundling offer great customer service ratings as well as affordable prices for both their car and home insurance policies.

Overall, a home and auto insurance bundle can save you up to $833 per year, but you'll need to compare and select the best auto and home insurance companies to get the coverage and customer service you need at an affordable price.

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Key Takeaways

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MoneyGeek found that a State Farm bundle offers the best combination of quality service and affordability.

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The two widely-available companies most likely to have cheapest home and auto insurance bundles are State Farm and Allstate.

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When you bundle home and auto insurance, the costs average at $2,739 per year, while the unbundled policies cost an average of $3,288 per year.


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Methodology

Why Trust MoneyGeek? We collected and analyzed quotes and data to create a scoring system that balances rate affordability, customer satisfaction, and financial stability for both home and auto insurance to determine the best and most affordable bundles nationally and by state.

The Companies With the Best Home and Auto Bundles

MoneyGeek scored insurance companies based on combined measures of affordability and service for both products and found that State Farm offers the best home and auto insurance bundle.

  • State Farm: MoneyGeek score of 90 out of 100
  • Allstate: MoneyGeek score of 86 out of 100

If you are in the military or have a military background, USAA is an excellent option, receiving a perfect score due to its cheap rates and unparalleled service reputation.

The Best Home and Auto Bundles

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  • Company
    MoneyGeek Score (out of 100)
    Bundle Affordability Score (out of 5)
    Auto Satisfaction Score (out of 5)
    Home Satisfaction Score (out of 5)
    Financial Stability Score (out of 5)
  • 1.
    USAA
    100
    5
    5
    5
    5
  • 2.
    State Farm
    90
    4.9
    3
    4.1
    5
  • 3.
    Allstate
    86
    4.6
    3
    4.2
    4.5
  • 4.
    Travelers
    82
    4.2
    3
    3.8
    5.0
  • 5.
    Nationwide
    76
    3.6
    3
    4.4
    4.5
  • 6.
    Farmers
    68
    3
    3
    4.6
    4

Winner for Best Bundle: State Farm

State Farm

pros

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The cheapest widely-available home and auto insurance bundle due to its huge bundle discount

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Stellar customer satisfaction ratings, especially for home insurance

cons

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Mostly offers just the standard auto and homeowners insurance coverages

COMPANY HIGHLIGHTS

On average, State Farm offers one of the biggest bundle discounts at 25% and annual premium of $2,534 after discounts. Considering that State Farm home and auto insurance policies are relatively affordable to begin with, this makes it one of the most affordable bundles around. And you're getting great value for your money too, as it has a stellar customer service reputation, especially for homeowners insurance.

State Farm doesn't offer some of the common optional coverages that other insurers might offer, such as accident forgiveness in auto insurance. But, it does offer the big ones such as roadside assistance and rental car reimbursement for auto insurance, and home system protection and service line coverage for homeowners insurance. Overall, State Farm will offer good service at a good price with most of the coverages you need for home and auto. See a complete list of State Farm's coverage options for both home and auto below.

Read MoneyGeek's State Farm Auto Insurance Review

What Home and Auto Coverages Can You Bundle With State Farm?

Runner-up for Best Bundle: Allstate

Allstate

pros

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Affordable home insurance and average car insurance costs are made relatively cheap with the bundle discount

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Higher home insurance customer satisfaction than State Farm

cons

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Allstate car insurance may be expensive for some drivers

COMPANY HIGHLIGHTS

Allstate is neck and neck with State Farm for the best bundle. Both have great customer satisfaction ratings, but Allstate is not quite as affordable on average due to a lower bundle discount.

Allstate may be a better fit for shoppers who want coverages outside of the standard fare offered by most insurers. For instance, Allstate offers New Car Replacement, which is a great coverage for those with recent car models. And home insurance policyholders can benefit from its declining deductible, where your deductible falls $100 every year you don't make a claim. See a complete list of Allstate's coverage options for both home and auto below.

Read MoneyGeek's Allstate Auto Insurance Review

What Home and Auto Insurance Coverages Can You Bundle With AllState?

NEED MORE CAR AND HOME INSURANCE RESOURCES?

If you want to make a comparison of the best home and auto insurance companies individually, MoneyGeek has resources for that too! When looking for the best home and auto insurance bundle, an important step in the bundling process is comparing individual quotes as well as bundled quotes.

Our calculators offer the fastest way to get and compare quotes for individual policies:

If you want to learn more about the best and cheapest car and home insurance, read our guides:

The Best Home and Auto Bundle Discounts

The average home and auto bundle discount across all insurers is 17%, which can mean substantial savings for customers. State Farm has the largest percentage discount at 25%. In contrast, USAA has the smallest average discount in percentage terms at 8%, when compared to purchasing both policies from the insurer separately.

However, the biggest discount doesn’t always mean the cheapest quote for home and auto insurance. For example, USAA may offer the smallest average discount, but it’s also the cheapest policy overall, with the total bundled premium averaging $2,513. Farmers offers a 19% discount when you bundle the two policies, but it’s also the most expensive bundle at roughly $3,157 per year — $418 more than the national average of $2,739.

The Cheapest Home and Auto Bundle Companies

It’s important to remember that the best discount percentage-wise doesn’t always mean the best savings in dollars if you’re looking for the lowest overall price for car and homeowners insurance. We found USAA to be the cheapest for home and auto bundles at an average yearly cost of $2,513 and State Farm the runner-up at roughly $2,534.

However, USAA is only available to active-duty military members, veterans and their families. Allstate comes closest to State Farm’s rates at roughly $2,625 for a multi-policy bundle for car and homeowners insurance.

The Cheapest Home and Auto Bundle Quotes

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  • Company
    Home and Auto Bundle Annual Rate
  • 1.
    USAA
    $2,513
  • 2.
    State Farm
    $2,534
  • 3.
    Allstate
    $2,625
  • 4.
    Travelers
    $2,775
  • 5.
    MetLife
    $2,938
  • 6.
    Nationwide
    $2,951
  • 7.
    Farmers
    $3,157
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MoneyGeek Top Pick
State Farm

On average, State Farm offers the biggest bundle discount on the market, making it the cheapest-widely available home and auto insurance bundle and the cheapest overall after USAA.

You may be able to get an even cheaper quote by taking advantage of all available discounts. For instance, State Farm offers most of the common discounts other car insurers do such as multiple cars insured, safe driving, anti-theft technology and passive restraint discounts.

The Cheapest Non-Bundled Combination of Home and Auto Insurance

Bundle discounts are often the best way to save on car and homeowners insurance, but in rare cases, you’ll get better savings by combining companies and not policies. The only combination we found to beat State Farm ($2,534) and USAA’s ($2,513) bundle rates was combining Travelers home insurance with USAA auto insurance for a total average premium of $2,471 per year. For those without access to USAA, the cheapest bundle on average is a combination of Nationwide and Travelers, but even that pair is hundreds of dollars more expensive than most other insurers would offer with a bundle discount.

Price is not the only factor to consider when shopping for insurance quotes. Consider a company’s customer satisfaction levels, service scores and financial strength ratings as well if you’re looking for more than just affordable coverage at low rates.

The Cost of All Non-Bundle Home and Auto Insurance Combinations

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  • Auto Insurance Company
    Home Insurance Company
    Annual Rate Unbundled
  • USAA
    Travelers
    $2,471
  • USAA
    Allstate
    $2,594
  • USAA
    MetLife
    $2,640
  • USAA
    Nationwide
    $2,846
  • USAA
    State Farm
    $2,849
  • USAA
    Farmers
    $2,879
  • Nationwide
    Travelers
    $2,921
  • State Farm
    Travelers
    $2,988
  • Allstate
    Travelers
    $3,029
  • Nationwide
    Allstate
    $3,045
  • Nationwide
    MetLife
    $3,091
  • State Farm
    Allstate
    $3,112
  • State Farm
    MetLife
    $3,158
  • Nationwide
    USAA
    $3,192
  • Allstate
    MetLife
    $3,198
  • State Farm
    USAA
    $3,258
  • Travelers
    Allstate
    $3,290
  • Allstate
    USAA
    $3,299
  • Nationwide
    State Farm
    $3,300
  • Nationwide
    Farmers
    $3,330
  • Travelers
    MetLife
    $3,336
  • State Farm
    Nationwide
    $3,363
  • State Farm
    Farmers
    $3,397
  • Allstate
    Nationwide
    $3,404
  • Allstate
    State Farm
    $3,407
  • MetLife
    Travelers
    $3,432
  • Travelers
    USAA
    $3,437
  • Allstate
    Farmers
    $3,438
  • Farmers
    Travelers
    $3,491
  • Travelers
    Nationwide
    $3,541
  • Travelers
    State Farm
    $3,545
  • MetLife
    Allstate
    $3,555
  • Travelers
    Farmers
    $3,575
  • Farmers
    Allstate
    $3,615
  • Farmers
    MetLife
    $3,661
  • MetLife
    USAA
    $3,702
  • Farmers
    USAA
    $3,762
  • MetLife
    Nationwide
    $3,806
  • MetLife
    State Farm
    $3,810
  • MetLife
    Farmers
    $3,840
  • Farmers
    Nationwide
    $3,866
  • Farmers
    State Farm
    $3,870

The Cheapest Insurance Bundles by State

Both car and home insurance are unique to each state, which means that insurance pricing is specific to each state. The cheapest national average premium may not be the cheapest rate you can get where you live.

Our data shows USAA is the cheapest to bundle in 14 states, while State Farm’s bundle rates for auto and homeowners insurance are cheapest in 13 states. Allstate comes in third with the cheapest rates in 9 states. But when comparing quotes and rates in your state, you may find that premiums vary widely.

The Cheapest Home and Auto Bundles by State

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  • State
    Cheapest Company
    Annual Rate
    Runner-Up
    Annual Rate
  • Alaska
    USAA
    $1,545
    State Farm
    $1,716
  • Alabama
    Farmers
    $1,555
    Allstate
    $1,597
  • Arkansas
    USAA
    $2,754
    Farmers
    $2,779
  • Arizona
    USAA
    $1,881
    Nationwide
    $1,936
  • California
    Allstate
    $1,870
    USAA
    $1,892
  • Colorado
    State Farm
    $3,037
    Allstate
    $3,278
  • Connecticut
    USAA
    $2,339
    State Farm
    $2,417
  • Washington D.C.
    State Farm
    $2,026
    Allstate
    $2,195
  • Delaware
    State Farm
    $1,792
    Nationwide
    $1,934
  • Florida
    Travelers
    $3,090
    State Farm
    $3,152
  • Georgia
    USAA
    $2,435
    Allstate
    $2,905
  • Hawaii
    State Farm
    $1,190
    Allstate
    $1,292
  • Iowa
    Farmers
    $1,822
    State Farm
    $1,877
  • Idaho
    MetLife
    $1,346
    USAA
    $1,413
  • Illinois
    Allstate
    $1,969
    Travelers
    $2,169
  • Indiana
    Allstate
    $1,768
    State Farm
    $1,833
  • Kansas
    State Farm
    $3,205
    USAA
    $3,532
  • Kentucky
    USAA
    $2,145
    State Farm
    $2,317
  • Louisiana
    State Farm
    $3,871
    USAA
    $4,916
  • Massachusetts
    State Farm
    $1,562
    MetLife
    $1,811
  • Maryland
    Allstate
    $2,356
    USAA
    $2,718
  • Maine
    MetLife
    $892
    State Farm
    $1,311
  • Michigan
    USAA
    $2,751
    Allstate
    $6,508
  • Minnesota
    State Farm
    $2,826
    Farmers
    $3,001
  • Missouri
    USAA
    $2,319
    State Farm
    $2,333
  • Mississippi
    Travelers
    $2,103
    Allstate
    $2,204
  • Montana
    USAA
    $2,905
    State Farm
    $2,993
  • North Carolina
    Travelers
    $1,627
    Nationwide
    $1,761
  • North Dakota
    Allstate
    $1,978
    MetLife
    $2,362
  • Nebraska
    MetLife
    $2,401
    Allstate
    $2,669
  • New Hampshire
    State Farm
    $1,310
    USAA
    $1,418
  • New Jersey
    MetLife
    $2,305
    Allstate
    $2,358
  • New Mexico
    Allstate
    $1,970
    State Farm
    $2,127
  • Nevada
    USAA
    $2,084
    Travelers
    $2,130
  • New York
    Allstate
    $3,854
    USAA
    $4,137
  • Ohio
    State Farm
    $1,452
    Allstate
    $1,544
  • Oklahoma
    Allstate
    $3,328
    Farmers
    $3,502
  • Oregon
    MetLife
    $1,281
    Nationwide
    $1,527
  • Pennsylvania
    USAA
    $1,803
    State Farm
    $2,268
  • Rhode Island
    State Farm
    $1,305
    Allstate
    $3,007
  • South Carolina
    State Farm
    $1,854
    Allstate
    $1,883
  • South Dakota
    Farmers
    $2,465
    State Farm
    $2,486
  • Tennessee
    State Farm
    $2,228
    USAA
    $2,343
  • Texas
    Farmers
    $2,792
    Allstate
    $3,542
  • Utah
    Farmers
    $1,485
    Nationwide
    $1,583
  • Virginia
    Nationwide
    $1,321
    State Farm
    $1,453
  • Vermont
    Allstate
    $1,319
    State Farm
    $1,400
  • Washington
    Travelers
    $1,771
    USAA
    $1,798
  • Wisconsin
    USAA
    $1,531
    State Farm
    $1,561
  • West Virginia
    USAA
    $1,720
    State Farm
    $1,971
  • Wyoming
    USAA
    $1,373
    State Farm
    $2,506

Should You Bundle Home and Auto Insurance?

Most of the time, it’s cheaper to bundle auto and home insurance with the same provider. The biggest advantage to an auto and homeowners insurance bundle is how much you can save due to the bundling discount, which is 17% on average. It also can be more convenient to pay only one company for multiple policies.

However, it may be cheaper to have separate auto and home insurance providers in some cases. MoneyGeek’s analysis found that Travelers is a consistently affordable homeowners option that can beat bundle discounts. For example, we found that it was cheaper to get a combination of USAA auto and Travelers home insurance than a USAA bundle.

For non-USAA drivers, there are other instances where not bundling is cheaper than bundling with an expensive insurer. For example, Nationwide auto and Travelers home coverage costs less than a Nationwide or Farmers bundle. MoneyGeek found five other combinations of insurers that are cheaper than the Farmers bundle.

It’s important for shoppers to be aware that though bundling is often the most affordable choice, bundles from certain companies — such as Farmers Insurance — can be quite expensive. If you have high auto rates because of poor credit or a bad driving record, you might also find that keeping both separate is better for your wallet.

The best way to know if you should bundle home and auto is to compare quotes with and without bundling from at least three companies to see what combination of coverage is the cheapest for you.

Insurance Rates

Compare Insurance Rates

Ensure you are getting the best rate for your insurance. Compare quotes from the top insurance companies.

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How To Bundle Home and Auto Insurance the Right Way

Follow these steps to maximize your savings with a car and homeowners insurance bundle:

1

Know your coverage.

Review your current policies to know how much coverage you have. That way, you can get quotes for the same coverage limits.

2

Get and Compare quotes.

Contact your current insurance company. Then comparison shop with three or more other insurance companies for home and auto coverage. Ask for bundle quotes and individual quotes to compare.

3

Ask about discounts and deductibles.

Ask which discounts they offer so you can save the most. Some companies also offer a single deductible for your home and car if both are damaged in the same incident.

4

Shop annually.

Rates frequently change, so complete this process every year or two to ensure you’re getting the best deal.

Compare Car and Home Insurance Companies and Quotes

Before you take the plunge on bundling your home and auto insurance, you should first compare quotes for auto and home insurance policies individually from the best and cheapest providers. Use our calculators to get a fast comparison of car insurance rates. Once you've gathered and compared your home and auto quotes, contact your chosen providers and ask about bundling discounts.

Compare Car Insurance Quotes

Auto Insurance Calculator

State

California

Age

30-65

Driving Record

Clean

Credit Score

Excellent

Vehicle Type

Compact

Vehicle Year

2020

Liability Coverage

State Min

Comprehensive and Collision Insurance

None

Gender

Female
Average Annual Auto Insurance Rates

Click the section of the wheel in your price range to see options.

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on average

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Click your preferred price range to see company options.

Click an insurer below to visit their review page or continue to your personalized quote.

Company

Average Annual Rates

2.

CSAA

$626

3.

USAA

$635

4.

GEICO

$646

5.

Esurance

$707

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State

California

Dwelling Coverage

$500,000

Deductible

$500

Liability

$300,000

Personal Property

$100,000
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Your home's location, it's amenities, and other factors impact pricing.

Frequently Asked Questions About Insurance Bundles

Home and auto insurance bundles are some of the most common discounts in the insurance industry. Here are some of the most common questions about them:

Expert Advice: Bundling Home and Auto Insurance

  1. Is it always worth bundling home and auto insurance policies with the same company?
  2. Are there any downsides to bundling home and auto insurance?
  3. What other types of insurance policies can shoppers typically bundle with either home or auto insurance?
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Xu Xu, PhD, CFP®
Xu Xu, PhD, CFP®

Associate Professor of Economics and Data Analytics at Henderson State University

Dick Verrone
Dick Verrone

Executive in Residence of Finance, Cameron School of Business, University of North Carolina Wilmington

Pavel Yakovlev, Ph.D.
Pavel Yakovlev, Ph.D.

Associate Professor of Economics, Palumbo Donahue School of Business at Duquesne University

Dr. Kip Pirkle
Dr. Kip Pirkle

Entrepreneur and Consultant

Thomas W. Hall
Thomas W. Hall

Associate Professor of Finance and Economics at Christopher Newport University

Victor Ricciardi
Victor Ricciardi

Visiting Assistant Professor of Finance at Washington and Lee University

Dr. Debra J. Dean
Dr. Debra J. Dean

President & CEO at Dean Business Consulting, LLC

Steve Fan
Steve Fan

Associate Professor in Finance at the University of Wisconsin-Whitewater

Cathy McCrary
Cathy McCrary

Assistant Professor of Accounting at Georgia Gwinnett College

Karl Kluegel
Karl Kluegel
Dr. James Weisel
Dr. James Weisel

Professor of Accountancy at Georgia Gwinnett College

Peter H. Huang
Peter H. Huang

Professor and DeMuth Chair of Business Law at the University of Colorado Law School

Dr. Robert Ramirez
Dr. Robert Ramirez

Faculty Chair and Business Professor at DeVry University

Dr. Andy Terry
Dr. Andy Terry

Professor of Finance at The University of Arkansas at Little Rock

Rachel Davidson
Rachel Davidson

Agency Owner, Licensed Insurance Agent for Alabama, Georgia and Florida

Chris Brune
Chris Brune

Associate Professor of Finance at Ouachita Baptist University

Dr. Zachary Klingensmith
Dr. Zachary Klingensmith

Visiting Professor of Economics at Washington & Jefferson College

Mathew S. Isaac, Ph.D.
Mathew S. Isaac, Ph.D.

Professor of Marketing, Albers School of Business and Economics at Seattle University

Stacy Mastrolia
Stacy Mastrolia

Associate Professor of Accounting at Bucknell University

Daniel Ford
Daniel Ford

Instructor of Economics and Business Administration at Southern Maine Community College

Bob Cunningham
Bob Cunningham

Associate Professor & Chair, Business and Economics at Alma College

Ben Brewer
Ben Brewer

Assistant Professor of Economics at the University of Hartford

Phuvadon Wuthisatian
Phuvadon Wuthisatian

Assistant Professor of Finance at Hastings College

Kim Madsen
Kim Madsen

Faculty Member (Business) at Kellogg Community College

Huimin Li
Huimin Li

Assistant Professor of Finance at the University of New Hampshire

Sean Spence
Sean Spence

Adjunct Professor in the School of Business at George Mason University

Cathy Duffy
Cathy Duffy

Associate Professor, Stiller School of Business at Champlain College

Scott C. Berryman
Scott C. Berryman

Trust Attorney at First Nebraska Trust Company

John M. Mason, CFP®
John M. Mason, CFP®

President and Senior Financial Planner at Mason & Associates, LLC

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About the Author


expert-profile

Mandy Sleight is a professional freelance writer and licensed insurance agent. She has her property, casualty, life, and health licenses and has been working in the industry since 2005. Mandy has worked for well-known insurance companies like State Farm and Nationwide Insurance, and most recently as the Operations Coordinator for a start-up employee benefits company.

Mandy earned her Bachelor of Science degree in Business Administration and Management from the University of Baltimore and her Master in Business Administration from Southern New Hampshire University. She uses her vast knowledge of the insurance industry and personal finance combined with her writing background to create easy-to-understand and engaging content to help readers make smarter choices with their budget and finances.