Updated: June 23, 2025
Advertising & Editorial Disclosure
State Farm offers the highest average discount of 25% for home and auto insurance bundles, making it the best company for seniors to get cheap bundle policies.
The average cost of a bundled policy is $2,071 per year or approximately $172 per month.
Getting separate home and auto insurance policies costs consumers an average of $2,643 per year. This is $572 more than the average cost of a bundled policy.
State Farm and Travelers are the best cheap home and auto insurance providers, each with a MoneyGeek score of 64 out of 100. The companies offer the highest average savings at $727 and $601, respectively. Use the table below to compare average quotes and savings from leading insurers.
| State Farm | $1,914 | $159 | $727 | 64 |
| Travelers | $4,703 | $392 | $601 | 64 |
| Nationwide | $2,900 | $241 | $511 | 62 |
| Allstate | $2,620 | $218 | $410 | 61 |
| Farmers | $2,790 | $233 | $591 | 58 |
Where you live can affect the cost of your insurance policies. Insurers consider location-related factors, such as risk factors, property values and regulations, when calculating home and auto insurance bundle premiums. The table below highlights the top-rated providers for seniors in each state.
| Alabama | Farmers | $1,428 | $119 | $356 | 60 |
| Alaska | Allstate | $2,223 | $185 | $550 | 58 |
| Arizona | Farmers | $2,373 | $198 | $449 | 60 |
| Arkansas | Farmers | $3,003 | $250 | $783 | 60 |
| California | Farmers | $1,855 | $155 | $438 | 56 |
| Colorado | Farmers | $5,165 | $431 | $1,327 | 55 |
| Connecticut | State Farm | $1,624 | $135 | $637 | 64 |
| Delaware | State Farm | $1,244 | $103 | $458 | 62 |
| District of Columbia | State Farm | $1,499 | $125 | $559 | 61 |
| Florida | Nationwide | $2,295 | $191 | $205 | 64 |
| Georgia | Allstate | $2,592 | $216 | $421 | 61 |
| Hawaii | State Farm | $988 | $82 | $224 | 62 |
| Idaho | Farmers | $1,828 | $153 | $500 | 59 |
| Illinois | Allstate | $1,912 | $159 | $349 | 62 |
| Indiana | Farmers | $2,623 | $219 | $540 | 58 |
| Iowa | Allstate | $2,512 | $209 | $343 | 61 |
| Kansas | Farmers | $4,100 | $342 | $872 | 59 |
| Kentucky | State Farm | $2,153 | $179 | $919 | 64 |
| Louisiana | Allstate | $2,210 | $184 | $393 | 63 |
| Maine | Allstate | $2,323 | $193 | $433 | 59 |
| Maryland | Nationwide | $2,132 | $177 | $556 | 59 |
| Massachusetts | Allstate | $2,757 | $230 | $825 | 58 |
| Michigan | Farmers | $3,550 | $296 | $881 | 57 |
| Minnesota | State Farm | $2,128 | $177 | $890 | 65 |
| Mississippi | Nationwide | $9,204 | $767 | $3,727 | 59 |
| Missouri | Allstate | $3,762 | $313 | $440 | 61 |
| Montana | Farmers | $3,545 | $296 | $782 | 56 |
| Nebraska | Farmers | $3,677 | $307 | $1,049 | 58 |
| Nevada | Farmers | $1,442 | $120 | $426 | 60 |
| New Hampshire | Allstate | $1,682 | $140 | $415 | 59 |
| New Jersey | State Farm | $1,409 | $117 | $516 | 65 |
| New Mexico | Farmers | $2,311 | $193 | $160 | 56 |
| New York | Allstate | $2,485 | $207 | $678 | 60 |
| North Carolina | Nationwide | $2,705 | $225 | $942 | 61 |
| North Dakota | Farmers | $2,667 | $223 | $553 | 59 |
| Ohio | Farmers | $2,057 | $172 | $523 | 59 |
| Oklahoma | Farmers | $6,285 | $524 | $1,464 | 59 |
| Oregon | Farmers | $1,410 | $118 | $400 | 60 |
| Pennsylvania | Nationwide | $2,147 | $179 | $466 | 59 |
| Rhode Island | Allstate | $2,514 | $209 | $1,003 | 58 |
| South Carolina | Travelers | $4,931 | $411 | $663 | 61 |
| South Dakota | Farmers | $2,790 | $233 | $733 | 59 |
| Tennessee | Travelers | $6,488 | $541 | $629 | 60 |
| Texas | Nationwide | $6,185 | $515 | $793 | 62 |
| Utah | Farmers | $1,370 | $114 | $269 | 60 |
| Vermont | Allstate | $1,585 | $132 | $406 | 62 |
| Virginia | Allstate | $2,993 | $249 | $417 | 62 |
| Washington | Farmers | $1,909 | $159 | $213 | 59 |
| West Virginia | Allstate | $2,118 | $176 | $459 | 57 |
| Wisconsin | Farmers | $1,687 | $141 | $320 | 55 |
| Wyoming | Allstate | $3,442 | $287 | $679 | 58 |
Seniors looking to save money on insurance can take advantage of discounts, such as a multi-policy discount. For instance, bundling home and auto insurance policies can help you get up to a 25% discount. Below, we highlight the top companies offering the most competitive home and auto insurance bundle discounts for seniors nationwide and by state.
Based on average discount percentages, State Farm is MoneyGeek's top pick for cheap home and auto insurance quotes for seniors. The company has the highest average discount at 25%. Compare average discount percentages from different insurance providers below.
| 1 | State Farm | 25 | 67 |
| 2 | Farmers | 16 | 63 |
| 3 | Nationwide | 15 | 64 |
| 4 | Allstate | 14 | 63 |
| 5 | Travelers | 11 | 66 |
Insurance prices and discounts may vary by location due to differences in state laws, claims history and company availability. The best and most affordable options for one state may differ from the top options in another. Use the table below to find the best companies in your state, along with their average premiums and savings.
| Alabama | Allstate | $2,243 | $187 | $469 | 61 |
| Colorado | State Farm | $2,484 | $207 | $1,058 | 64 |
| Delaware | State Farm | $1,244 | $103 | $458 | 62 |
| District of Columbia | State Farm | $1,499 | $125 | $559 | 61 |
| Florida | State Farm | $2,500 | $208 | $188 | 66 |
| Hawaii | Allstate | $1,371 | $114 | $175 | 63 |
| Idaho | Farmers | $1,828 | $153 | $500 | 59 |
| Illinois | Allstate | $1,912 | $159 | $349 | 62 |
| Iowa | State Farm | $2,090 | $174 | $867 | 64 |
| Kansas | State Farm | $2,817 | $235 | $1,302 | 65 |
| Kentucky | Nationwide | $1,891 | $157 | $757 | No Data |
| Maine | State Farm | $1,248 | $104 | $470 | 63 |
| Maryland | State Farm | $1,608 | $134 | $608 | 65 |
| Minnesota | State Farm | $2,128 | $177 | $890 | 65 |
| Mississippi | State Farm | $2,227 | $185 | $939 | 61 |
| Missouri | State Farm | $2,333 | $194 | $984 | 65 |
| Montana | State Farm | $2,499 | $208 | $898 | 61 |
| Nebraska | Farmers | $3,677 | $307 | $1,049 | 58 |
| New Jersey | Farmers | $2,292 | $191 | $142 | No Data |
| New Mexico | Farmers | $2,311 | $193 | $160 | 56 |
| New York | State Farm | $1,479 | $123 | $400 | 66 |
| North Dakota | State Farm | $2,427 | $202 | $594 | 64 |
| Oklahoma | Allstate | $4,411 | $367 | $534 | 62 |
| Oregon | Nationwide | $1,358 | $113 | $272 | 63 |
| Pennsylvania | Allstate | $1,707 | $142 | $433 | 62 |
| Rhode Island | Nationwide | $1,890 | $157 | $425 | 61 |
| South Carolina | Allstate | $1,953 | $163 | $263 | 63 |
| South Dakota | State Farm | $2,614 | $218 | $1,174 | 62 |
| Utah | Nationwide | $1,626 | $135 | $166 | 63 |
| Virginia | Nationwide | $1,925 | $160 | $389 | 64 |
| Washington | State Farm | $1,439 | $120 | $446 | 64 |
| West Virginia | State Farm | $1,826 | $152 | $706 | 62 |
| Wyoming | State Farm | $1,490 | $124 | $258 | 64 |
The average cost of a bundled home and auto insurance plan for seniors is $2,071 per year or around $172 per month. To find the best deals for you, compare quotes from multiple insurers.
| $172 | $2,071 | $572 |
Differences in local risk factors, weather patterns, housing markets and company availability play a significant role in determining insurance costs. Use the table below to see what seniors typically pay for bundled home and auto insurance in your state.
| Alabama | $2,250 | $188 | $470 |
| Colorado | $2,994 | $249 | $1,130 |
| Delaware | $1,759 | $147 | $572 |
| District of Columbia | $2,005 | $167 | $652 |
| Florida | $3,822 | $318 | $359 |
| Hawaii | $1,513 | $126 | $188 |
| Idaho | $1,723 | $144 | $474 |
| Illinois | $2,280 | $190 | $422 |
| Iowa | $2,020 | $168 | $855 |
| Kansas | $3,050 | $254 | $1,353 |
| Kentucky | $2,566 | $214 | $990 |
| Maine | $1,216 | $101 | $463 |
| Maryland | $2,839 | $237 | $817 |
| Minnesota | $2,386 | $199 | $934 |
| Mississippi | $2,660 | $222 | $1,012 |
| Missouri | $2,933 | $244 | $1,077 |
| Montana | $2,635 | $220 | $922 |
| Nebraska | $4,171 | $348 | $1,255 |
| New Jersey | $4,719 | $393 | $310 |
| New Mexico | $2,637 | $220 | $191 |
| New York | $3,094 | $258 | $717 |
| North Dakota | $2,395 | $200 | $587 |
| Oklahoma | $4,751 | $396 | $564 |
| Oregon | $1,732 | $144 | $363 |
| Pennsylvania | $2,226 | $185 | $518 |
| Rhode Island | $3,086 | $257 | $641 |
| South Carolina | $2,318 | $193 | $327 |
| South Dakota | $2,727 | $227 | $1,196 |
| Utah | $1,749 | $146 | $178 |
| Virginia | $2,046 | $171 | $422 |
| Washington | $1,852 | $154 | $521 |
| West Virginia | $2,024 | $169 | $735 |
| Wyoming | $1,596 | $133 | $276 |
Combining home and auto insurance policies can be a smart move for seniors looking for ways to save money. Many insurance providers offer multi-policy discounts, which lower overall premiums.
Additionally, bundling policies can simplify insurance policy management. Since billing is consolidated and customer service is under one company, seniors may find it easier to track payments, policy updates and claims. Depending on the insurance provider, you may also find bonus features like loyalty rewards or enhanced coverage options.
Getting a home and auto insurance bundle is typically cheaper than buying separate policies. An unbundled auto insurance policy costs an average of $925 per year, while a home insurance plan costs an average of $1,718 per year. That's a total of $2,643 per year.
The average total cost of a bundled home and auto insurance policy is $2,071 per year. This helps seniors save an average of $572 annually.
| Auto | $925 | $784 | $141 |
| Home | $1,718 | $1,287 | $431 |
| Combined | $2,643 | $2,071 | $572 |
Whether bundling home and auto insurance is better depends on your specific needs and circumstances. However, there are generally several advantages for seniors.
Managing policies through one insurer reduces the need to coordinate with multiple companies, simplifying communication for claims and customer service.
Bundled insurance typically results in one combined bill, making budgeting and payment scheduling easier to handle.
If an incident affects both the home and vehicle, bundled policies can lead to faster and more efficient claims resolution without navigating two separate processes.
Some companies offer extras such as accident forgiveness, deductible savings or free identity theft protection to customers who bundle their policies.
Seniors who bundle may receive loyalty rewards over time, including premium discounts, coverage enhancements and priority service.
Bundling home and auto insurance already provides savings, but there are ways seniors can maximize the value even more.
Rates and discount amounts vary by insurer. Comparing bundle quotes from at least three providers helps seniors find the best combination of coverage and price.
Tailoring coverage to actual needs, rather than accepting a default package, can help seniors avoid paying for unnecessary extras while maintaining strong protection.
Some insurers use credit information when determining rates. Seniors with good credit often qualify for better discounts on bundled policies.
Choosing higher deductibles can lower premiums. Seniors with enough savings to cover a higher deductible in an emergency can benefit from lower overall insurance costs.
Many insurers offer multiple discount opportunities beyond bundling. Ask about available promotions, loyalty incentives or safe homeowner discounts to maximize savings.
Seniors who need other types of insurance, such as umbrella or life insurance, can often bundle additional policies for even bigger discounts.
Needs and circumstances can change over time. Reviewing bundled policies every year ensures seniors maintain the right coverage and take advantage of new discounts or better pricing.
Seniors bundling home and auto insurance should ask about these extra discounts to boost their savings.
This discount is typically offered when two or more policies are combined with the same company.
Seniors with a history of few or no claims often qualify for additional savings on bundled policies.
Completing an accredited defensive driving course can lower auto insurance premiums, especially when combined with a home insurance bundle.
Installing home safety upgrades, such as security systems and smoke detectors, can lead to extra savings on the bundled package.
Seniors who drive fewer miles annually may qualify for a low-mileage discount, reducing auto premiums within the bundle.
Some insurers reward long-term customers with loyalty discounts. Seniors who have maintained continuous coverage with one provider may qualify for additional savings.
Set up autopay or go paperless to save a few extra dollars on your bundled policy.
Purchasing an auto and home insurance bundle can help seniors lower their premiums and manage coverage more easily. It can streamline billing and simplify the claims process. In this guide, we highlighted how seniors can cut costs by bundling and explored average bundled premiums to help seniors compare rates.
On average, seniors who bundle home and auto insurance can save $572 per year. Get personalized quotes from different insurance providers and compare offers to find the best deals for you.
MoneyGeek answers frequently asked questions about home and auto insurance bundles for seniors to help you understand how they work and give you an idea of how much they may cost.
Based on average costs, State Farm and Travelers provide the best cheap home and auto insurance bundle options for seniors.
Depending on the insurance company, you may be able to bundle home and auto insurance with other policies. Typically, you can add renters, life or umbrella policies. To ensure the availability of this option, ask your insurer specifically about combining multiple policies.
Although bundling home and auto insurance offers several benefits, it may not always be advantageous. Seniors may want to reconsider if separate auto and home policies offer better coverage, lower costs or benefits that better match their needs than what a bundled package offers with one insurer.
We analyzed quotes and data to create a scoring system that evaluates rate affordability, customer satisfaction and financial stability for home and auto insurance. This analysis helped identify the best and most affordable bundles nationally and by state.
Study Overview
MoneyGeek evaluated quotes, customer satisfaction ratings and financial stability to find the top options for bundling home and auto insurance policies.
Data Acquisition, Depth and Analysis
We gathered affordability data from Quadrant Information Services and state insurance departments, alongside information from consumer reporting agencies like J.D. Power for customer service and AM Best for financial stability.
Using hundreds of quotes from the largest insurers, we developed a weighted scoring system to rank insurers and bundle packages. The scoring criteria and weights include:
Driver Profile
The average driver profile used in the analysis includes:
The sample policy includes $100,000 bodily injury liability per person, $300,000 per accident and $100,000 property damage liability. We adjusted the geographic location for state-specific data.
Home Profile
The standard home profile includes:
We modified the geographic location to gather state-specific home and bundle quotes.
Learn more about MoneyGeek's auto insurance and home insurance methodologies.
MoneyGeek provides dedicated resources for individually comparing the best home and auto insurance companies. A key step in bundling is comparing individual and bundled quotes to determine which option offers better savings and value.
Our calculators offer the fastest way to compare quotes for individual policies:
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like 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!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
