Best and Cheapest Home and Auto Bundle Insurance Companies in 2021

A home and auto bundle can save you up to $833 per year, but that doesn’t mean the bundle discount always results in the lowest price. It’s important to get multiple quotes, with and without bundling, to find the best rate and coverage.

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A homeowners and car insurance bundle combines both policies with the same insurer. This approach can make home and auto insurance more affordable and provide better value, saving customers up to $833 per year. The best companies for bundling offer lower rates when they insure both policies and have good or better customer service ratings for both their car and home insurance departments.

Combining home and car insurance in a bundle is almost always the best option for substantial savings. Even so, MoneyGeek found that combining USAA's auto insurance and Travelers' homeowners insurance was cheaper than bundling with State Farm and USAA.

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Key Takeaways

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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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The two companies that most often offer the cheapest car and homeowners insurance bundles are State Farm and USAA.

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It’s rare, but combining insurance policies from different companies can sometimes be cheaper. So it’s best to shop around to find the best deal.

The Companies With the Best Home and Auto Bundles

The best car and homeowners bundle comes from an insurance company with low rates and great customer service. We found USAA to be the cheapest at roughly $2,513 per year and State Farm as the runner-up at roughly $2,534 compared to the national average annual rate of $2,739.

USAA

The insurer received 5-star scores for customer satisfaction and affordability for both auto and home insurance. It also received 5 stars for financial stability. This means it received a perfect MoneyGeek score of 100. Customers stand to save 8% when they opt for a car and homeowners insurance bundle, which equates to an average savings of $228 per year over purchasing each policy separately from USAA.

State Farm

The company received 3 stars for auto customer satisfaction and 4.06 for customer satisfaction with its homeowners insurance. It also scored an almost perfect 4.94 stars for affordability, bring the overall MoneyGeek score to 90.48. Bundle for an average savings of up to $833 per year.

The Best Home and Auto Bundles

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  • Company
    MoneyGeek Score (out of 100)
  • 1.
    USAA
    100
  • 2.
    State Farm
    90
  • 3.
    Allstate
    86
  • 4.
    Travelers
    82
  • 5.
    Nationwide
    76
  • 6.
    Farmers
    68

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. USAA has the smallest average discount from a percentage standpoint at 8%, compared to purchasing both policies from the insurer separately. In contrast, State Farm has the largest percentage discount at 25%.

However, the biggest discount doesn’t always mean the cheapest rate 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 Bundles

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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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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.

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
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?

The biggest advantage to an auto and homeowners insurance bundle is how much you can save due to the bundling discount. It also can be more convenient to pay only one company for multiple policies. Most companies offer other products, like life insurance and liability insurance. If you need more than just home and car insurance, you might be able to stack discounts for having multiple policies and save even more.

Most insurance companies offer a higher percentage discount on a home insurance policy when it’s bundled with auto insurance. If the home insurance is more expensive, you’ll save more by bundling. But if you have high auto rates because of poor credit or a bad driving record, you might 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 from at least two or three companies. It never hurts to shop insurance companies. If you’ve been with your company for more than a year or two, you might be able to save without sacrificing affordability, coverage or customer service. But make sure to ask about both scenarios: bundling and buying separate policies to determine which makes the most sense for your situation.

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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 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.

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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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.