Many of life’s major investments, such as your home and car, require insurance. Paying for separate policies can quickly become expensive. However, many providers offer discounts for bundling multiple policies together, a strategy that can lead to considerable savings.
The most common bundling discount arises from combining home and auto insurance. We’ve compiled a list of providers offering the best home and auto insurance bundles, considering factors like the size of the discount, available coverage options, overall availability, and more. (See our methodology below for details.)
Best Home and Auto Insurance Bundles
Here are our top picks:
- Best for affordability: Geico
- Best for speedy claims approval: Lemonade
- Best for large bundling discount: State Farm
- Best for personalized coverage: Farmers Insurance
- Best for availability: Nationwide
- Best for mix-and-match bundling: Amica
- Best for military members and veterans: USAA
Best for Affordability: Geico
Geico consistently offers some of the lowest average premiums for both minimum and comprehensive car insurance. Their homeowner’s policies are underwritten by third parties, but their rates are also quite affordable. Geico provides a wide range of insurance products that can be bundled with auto insurance to unlock even more savings, including policies for condos, mobile homes, and renters insurance.
- Bundling discount: Varies, depending on location and policy details.
Best for Speedy Claims Approval: Lemonade
Lemonade, an online insurance provider, leverages AI technology to simplify the claims process. The digital provider’s proprietary AI allows it to often settle claims with incredible speed.
- Bundling discount: 10% on car insurance for customers with other Lemonade policies, including pet insurance, term life, or renters insurance.
Best for Large Bundling Discount: State Farm
State Farm is a giant in the insurance industry, and it often ranks high in customer satisfaction surveys. Their multi-policy discount averages nearly 25% a year, the highest of the companies reviewed.
- Standout benefits: Numerous money-saving discounts, including up to 20% off for insuring two or more vehicles on a single policy.
- Bundling discount: Up to 25%
Best for Personalized Coverage: Farmers Insurance
Farmers offers a wide array of auto insurance discounts. They also offer optional add-ons like new car replacement, accident forgiveness, custom equipment coverage, and rideshare insurance to personalize your coverage.
- Standout benefits: Customers save an average of 20% by bundling home and auto.
Best for Availability: Nationwide
Nationwide provides near-nationwide availability and offers helpful services like the On Your Side® Review, an annual insurance evaluation to ensure customers are adequately protected and taking advantage of any available discounts.
- Bundling discount: Up to 20% savings.
Best for Mix-and-Match Bundling: Amica
Amica provides discounts for combining auto insurance with other policy types, including condo, renters, motorcycle, life insurance, and umbrella insurance. The more you add, the more you save.
- Bundling discount: You can save up to 30% when bundling Amica auto insurance with home, umbrella, and life policies.
Best for Military Members and Veterans: USAA
USAA is tailored to the needs of military families, offering coverage for uniforms and equipment, discounts for cars stored on base, and a waived home insurance deductible for property lost or damaged in combat. To be eligible, you must be a service member, veteran or a family member.
- Bundling discount: Bundling home and auto insurance from USAA can save you up to 10%.
More on Our Top Home and Auto Insurance Bundles
Here is a more detailed look at each provider.
Geico
Founded in 1936 as the Government Employees Insurance Company, Geico has become one of the largest auto insurers in the U.S. Today, it’s a subsidiary of Berkshire Hathaway.
- Nationwide availability: Geico car and home insurance policies are available throughout the U.S.
- J.D. Power auto insurance score: Below average.
- J.D. Power homeowners insurance score: Not rated.
- Better Business Bureau rating: A+.
- A.M. Best financial strength rating: A++ (Superior).
Lemonade
Launched in 2015, Lemonade uses AI to generate quotes, manage policies, and expedite claims. It bases auto insurance premiums on customers’ mileage and driving habits.
- Nationwide availability: Auto insurance is available in Arizona, Illinois, Ohio, Oregon, Tennessee, Texas, and Washington. Homeowners insurance is available in 24 states and Washington, D.C.
- J.D. Power auto insurance score: Not rated.
- J.D. Power homeowners insurance score: Not rated.
- Better Business Bureau rating: B-.
- A.M. Best financial strength rating: Not rated.
State Farm
State Farm is the country’s largest auto insurer, with more than 18% of the market share in 2023. It often ranks among the top providers in customer satisfaction surveys.
- Nationwide availability: Auto insurance is available in all U.S. states except Massachusetts and Rhode Island. Homeowners insurance is available in all states except Alaska, Hawaii, Louisiana, and Oklahoma.
- J.D. Power auto insurance score: Above average.
- J.D. Power homeowners insurance score: Above average.
- Better Business Bureau rating: C-.
- A.M. Best financial strength rating: A++ (Superior).
Farmers
Farmers has been insuring Americans’ property since 1928 and has a nationwide network of agents. They receive fewer complaints than many competitors.
- Nationwide availability: Homeowners and auto insurance is available in all 50 U.S. states and Washington D.C.
- J.D. Power auto insurance score: Below average.
- J.D. Power homeowners insurance score: Below average.
- Better Business Bureau rating: A+.
- A.M. Best financial strength rating: A (Excellent).
Nationwide
Based in Columbus, Ohio, Nationwide is one of the largest property and casualty insurers, writing nearly $5.5 billion in auto premiums in 2023.
- Nationwide availability: Car insurance is available in 46 U.S. states and Washington, D.C. Homeowners policies are available everywhere except Alaska, Hawaii, New Mexico, Louisiana, and Florida.
- J.D. Power auto insurance score: Below average.
- J.D. Power homeowners satisfaction score: Above average.
- Better Business Bureau rating: A+.
- A.M. Best financial strength rating: A (Excellent).
Amica
Originally the Automobile Mutual Insurance Company of America, Amica offers homeowners, renters, and other insurance products. They receive fewer complaints than their competitors and receive high customer satisfaction scores.
- Nationwide availability: Auto insurance is available in all U.S. states except Hawaii. Homeowners insurance policies are available in all states except Alaska and Hawaii.
- J.D. Power auto insurance score: Above average.
- J.D. Power homeowners insurance score: Above average.
- Better Business Bureau rating: A+.
- A.M. Best financial strength rating: A+ (Superior).
USAA
Membership to USAA (the United Services Automobile Association) is open to active-duty military, veterans, members of the National Guard and Reserves and ROTC cadets, as well as their spouses and children.
- Nationwide availability: Auto and homeowners policies from USAA are available in all 50 U.S. states and Washington, D.C.
- J.D. Power auto insurance score: High.
- J.D. Power homeowners insurance score: High.
- Better Business Bureau rating: A+.
- A.M. Best financial strength rating: A++ (Superior).
How to Choose the Right Bundling Option
To determine which home and auto insurance bundles are the best, we analyzed a variety of U.S. insurance companies. To make an informed decision, consider the following:
- Cost: While premium costs depend on the amount of coverage needed, location, and other variables, some insurers offer lower starting costs.
- Policy coverage: Standard policies typically include coverage for structural damage, personal property, liability, and medical payments. Some offer add-ons for water damage and high-value items.
- Policy discounts: Discounts are typically offered for bundling homeowners insurance with other policies like auto insurance.
- Availability: Policy availability varies by state, as not all companies offer nationwide policies.
- Claim Filing: Most companies allow claims to be filed quickly online or through an app.
- Customer Support: Each insurer has a customer service department that can be contacted via phone, email, or through an app.
Frequently Asked Questions
-
What does bundling insurance mean?
Bundling insurance means purchasing more than one type of insurance from the same provider. A home-and-auto bundle, for example, means getting homeowners insurance and auto insurance from the same company.
-
Is bundling insurance worth it?
Bundling insurance policies can save you money on monthly premiums, but it’s not always the cheapest option. Getting rate quotes from several companies can help you make sure you’re getting the best deal.
-
How much do you save bundling insurance?
The size of the discount depends on the provider, the policies you are bundling, and how many. The largest discount we’ve found is 25% for bundling car and homeowners insurance with State Farm.
