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Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

The best home and auto insurance bundles of 2024

Bundling your home and auto coverage may save you money and simplify your policy management.

Ashlyn Brooks is a finance writer with more than half a decade of experience, known for her knowledge in areas such as taxes, insurance, investing, retirement, finance news, and banking products.

Jessa Claeys is an insurance editor for Bankrate with over a decade of experience writing, editing and leading teams of content creators. She currently covers auto, home and life insurance with the goal of helping others secure a healthy financial future. Her work has been published by several insurance, personal finance and investment-focused publications, including Jerry, BiggerPockets, 401(k) Specialist, BP Wealth and more.

Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance.

The Bankrate promise

At Bankrate, we strive to help you make smarter financial decisions. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money. Our content is backed by Coverage.com, LLC, a licensed entity (NPN: 19966249). For more information, please see our Insurance Disclosure.

At Bankrate, we strive to help you make smarter financial decisions. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money. Our content is backed by Coverage.com, LLC, a licensed entity (NPN: 19966249). For more information, please see our Insurance Disclosure.

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At Bankrate, we strive to help you make smarter financial decisions. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money. Our content is backed by Coverage.com, LLC, a licensed entity (NPN: 19966249). For more information, please see our Insurance Disclosure.

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Key takeaways

If you choose to insure both your vehicle and your property — whether it’s home, condo or renters coverage — with the same insurance carrier, you may be eligible for a multi-policy discount, sometimes called a multi-line or bundling discount. This discount is typically one of the largest offered by insurance companies, which means that if you qualify, you might see significant savings. While the policies are “bundled” with the same carrier, they generally aren’t actually covered on the same policy and will usually have different policy numbers. Bankrate walks you through the benefits of bundling, explains how bundling home and car insurance works and may help you decide if it’s the right fit for your coverage needs.

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Best home and auto insurance bundles

Most property and casualty insurers that sell both auto and home insurance offer bundling, multi-policy or multi-line discounts, but the potential savings and eligible policy types vary depending on the carrier. You will typically see savings on both policies, which may be listed as a dollar amount or percentage.

To find the best bundle insurance, we analyzed the largest U.S. insurers by market share, identified which offer bundling and looked into potential savings. All of the selected companies also offer a variety of policy endorsements and other discounts, as well as favorable customer satisfaction scores and financial strength ratings. If you want to bundle auto and home insurance, you might want to start with quotes from these companies:

*Savings amounts represent the combined average savings reported by the company for auto and home premiums.

!

The right insurance bundle may look different for everyone, and you might have considerations beyond just cost. At Bankrate, we used our insurance industry expertise to compile a list of the top home and auto insurance companies that offer bundling discounts.

Along with using proprietary data from Quadrant Information Services to obtain up-to-date average rate information for home and auto policies, our insurance editorial team searched for bundling opportunities with the largest potential savings, ease of access through digital tools, strong customer satisfaction scores and policy availability across different lines of business.

Top 5 home and auto insurance companies for bundling 

When shopping for policy bundles, it is important to review your quotes carefully. Finding a competitive price for your insurance is a priority for many, but low premiums may not be the only critical factor. You may also want to consider policy features, coverage levels and digital tool availability for each home and auto quote you receive. Since you may be placing more of your assets under the same insurance company, factors such as customer satisfaction scores and financial strength ratings may be even more critical, too. From the companies reviewed, we determined that these five offer strong home and auto coverage options with substantial potential bundling savings.

Bankrate Score:

4.1

Bundling discount: Up to 25 percent 

Allstate is our 2024 Bankrate Awards winner for Best for Bundling Home and Auto Insurance and tied with USAA as Best Home Insurance Company Overall. The carrier boasts an impressive bundling discount, allowing policyholders to save up to 25 percent. Allstate has availability across all 50 states and Washington, D.C., as well as a strong selection of endorsements for policy customization. Policyholders can choose from add-ons like home-sharing coverage and green improvement reimbursement. However, the carrier did score below the segment average for overall homeowners customer satisfaction and property claims satisfaction per J.D. Power, so shoppers who value service may want to speak with existing policyholders for more information.

Auto coverage is available in all 50 states and Washington, D.C. Home insurance is available in all states except California, where the company is not writing new policies, although existing policies are still active.

Claims-free discount and Rateguard endorsement may help keep rates low

Average premiums are higher than some competitors for home and auto coverage

High complaint index with National Association of Insurance Commissioners (NAIC)

Bankrate Score:

3.7

Bundling discount: Average of 20 percent

Farmers offers an attractive bundling discount with average savings of 20 percent. With numerous discounts available for both auto and home insurance, it could be a good option for those keen on saving. Farmers has local agents, which may appeal to those who prefer to do business face to face, but the carrier scored toward the bottom of the J.D. Power 2023 U.S. Home Insurance Study, so you may want to speak with existing policyholders about their experience prior to selecting this carrier.

Average bundling discount of 20 percent

Multiple discount opportunities for both home and auto insurance

Local agent representation provides personalized service

Lower-than-average ranking on J.D. Power's 2023 U.S. Home Insurance Study

Coverage is not available in all states

Bankrate Score:

4.2

Bundling discount: Up to 20 percent

Nationwide is a 2024 Bankrate Awards winner for Best Budget Home Insurance Company. The company provides a bundling opportunity with potential savings of up to 20 percent. Sold through local independent agents, Nationwide's products cater to almost every state, though exceptions include Alaska, Florida and Hawaii, among others. While Nationwide boasts an A+ (Superior) financial strength rating from AM Best, it's worth noting its slightly below-average score in J.D. Power's home insurance study, suggesting varied customer experiences.

Up to 20 percent bundling discount

Distributed through local independent agents for personalized service

A+ (Superior) financial strength rating from AM Best

Coverage exclusions in several states

Scored below the industry average on J.D. Power's 2023 Home Insurance Study for customer satisfaction

Scored below average for auto claims satisfaction with J.D. Power in 2023

Bankrate Score:

4.2

Bundling discount: Up to $1,073 per year

State Farm, the nation's largest property and casualty insurer by market share, offers a remarkable bundling discount of up to $1,073 annually. With its wide footprint, State Farm serves Washington, D.C. and all U.S. states except Massachusetts and Rhode Island. The carrier has generally high scores with J.D. Power for customer and claims satisfaction, perhaps because of its large agent network and advanced digital tools. State Farm does have fewer auto and home endorsements than some competitors, which may be an issue for shoppers looking for specific coverage types. However, for those looking beyond home and auto coverage, State Farm is our 2024 Bankrate Awards winner for Best Term Life Insurer, and the company allows customers to bundle auto and life insurance policies.

Extensive network of exclusive local agents for personalized assistance

A++ (Superior) financial strength rating from AM Best

No gap insurance offering on auto policies

Coverage is unavailable in Massachusetts and Rhode Island

Bankrate Score:

4.1

Bundling discount: Up to 12 percent

Travelers offers a bundling discount that allows customers average savings of 10 percent on auto and 12 percent on home insurance. While Travelers doesn't serve every state, its wide network of independent agents provides personalized coverage to many U.S. residents. Despite its A+ (Excellent) financial strength rating from AM Best, potential customers should be aware that Travelers ranked third to last in the J.D. Power home insurance study.

Bundling allows for up to 10 percent off auto insurance and 12 percent off home insurance

Uncommon home and auto endorsements available

Coverage isn't available nationwide

Below-average auto and property claims satisfaction as indicated by 2023 J.D. Power studies

How does a home and auto insurance bundle work?

If you’re wondering how to bundle auto and home insurance, don’t worry. The process is fairly easy. Bundling insurance refers to the process of purchasing multiple types of insurance policies from the same insurance provider. For example, you could buy home, auto and RV insurance from the same company, and so on with other policies, if available. One of the main benefits of bundling is that companies often offer discounts if you hold several policies with them, so it can save you money. In fact, most carriers will automatically add a multiple-policy discount on both policies, allowing you to save money on your total cost of insurance.

While bundling usually refers to home and auto insurance, you may be eligible for a multiple-policy discount if you purchase other types of insurance from the same insurer, like an RV, boat or umbrella policy. And while the total bundling discount varies by company, the discounts offered for bundling your insurance policies are often some of the best ways to save on your policy premiums. However, it should be noted that companies are forbidden by law to extend life insurance discounts. You may be able to bundle life coverage with other policy types, but the discount will only apply to the other policy type.

Should you bundle your home and auto insurance?

Bundling your auto and home insurance could be a great way to generate significant savings on both policies and make your insurance more convenient to handle with a single insurer. If you own a home and have a car, getting quotes for both policies with the same insurer might be well worth your time and lead to reduced premiums.

Potential savings: Car insurance discounts for bundling typically offer significant savings on your home and auto policies.

Easy policy management: Bundling typically allows you to manage multiple insurance products in a single online account and via the same mobile app, if one is available. You might also work with a single agent.

Streamlined billing: You might be able to combine bills if you bundle home and auto insurance, which means you’ll only receive one bill for both policies each billing cycle. However, home insurance is typically paid through your mortgage lender via an escrow account — not paid directly by the policyholder.

Potential for a single deductible: Depending upon your insurer, you might qualify for a single deductible, which typically means that if your vehicle(s) and home are damaged in a single covered event — like a storm collapsing your roof onto your garage and parked car, for example — you will only pay one deductible versus two. Plus, you have the added benefit of only having to deal with one company for the claim, rather than two separate companies with different processes.

Bundles may not be available: Not all insurers offer both home and auto policies, which means bundling might not be an option.

Limited coverage and discount options: It may be difficult to find a carrier that offers all the home and auto endorsements you're looking for. If you're looking for specialized discounts, like a telematics program, these may also be difficult to find across policies with the same company.

Some products may be sold by third parties: A car insurance company may have a partner company that sells home insurance and call it a “bundled” policy. While having the two policies could still generate significant savings, holding separate policies with different insurers means you won’t be able to manage your policies all in one place.

Might not result in the lowest rates: Your current insurer may allow you to bundle policies, but that doesn’t automatically mean you’re getting the best rates available. Additionally, bundling home and auto policies may hamper you from shopping around, since you may want to find a new carrier that allows you to insure both products at the best price with the best discounts.

How to find the right home and auto insurance bundle

Bundling your car and home insurance is relatively easy. Although it may sound like you are getting a combined auto-home insurance policy, this is typically not the case (although some companies do offer auto and home policies written under a single policy number). You will generally need to purchase your auto and home insurance with the same insurer to qualify for a bundling discount. Here are some steps you can take to bundle your policies:

How to save money when bundling auto and home insurance

Bundling coverage with the best home and auto insurance companies may save you money, but there are other steps you can take to potentially maximize your premium savings.

Learn more: Average cost of homeowners insurance

Frequently asked questions

What are the best home and auto insurance companies?

Choosing the best home insurance and best auto insurance often hinges on an individual's unique needs and preferences. While some shoppers might be looking for cheapest premiums, others might factor in things like customer satisfaction scores, digital tools and financial strength ratings in their decision-making process. However, if you're looking for a place to start, Bankrate's research identified Allstate, USAA and Amica as some of the top home insurance companies.

On the auto side, Geico, Safeco, Auto-Owners, State Farm and Progressive top Bankrate's list of best car insurance companies. As always, potential policyholders should consider their specific needs and compare quotes from multiple auto and home insurance companies to make an informed choice.

Choosing the best home insurance and best auto insurance often hinges on an individual's unique needs and preferences. While some shoppers might be looking for cheapest premiums, others might factor in things like customer satisfaction scores, digital tools and financial strength ratings in their decision-making process. However, if you're looking for a place to start, Bankrate's research identified Allstate, USAA and Amica as some of the top home insurance companies.

On the auto side, Geico, Safeco, Auto-Owners, State Farm and Progressive top Bankrate's list of best car insurance companies. As always, potential policyholders should consider their specific needs and compare quotes from multiple auto and home insurance companies to make an informed choice.

Home and auto bundling refers to purchasing home and auto coverage from the same carrier. This will often yield a discount and may simplify your insurance experience by allowing you to use a single agent, app or website to manage your coverage. Home and auto bundles are some of the most common, but you might also be able to bundle coverage for RVs, motorcycles, home rentals, boats and more.

Home and auto bundling refers to purchasing home and auto coverage from the same carrier. This will often yield a discount and may simplify your insurance experience by allowing you to use a single agent, app or website to manage your coverage. Home and auto bundles are some of the most common, but you might also be able to bundle coverage for RVs, motorcycles, home rentals, boats and more.

When considering bundling, home and auto insurance are the most commonly paired policies. However, many insurers allow you to bundle other policy types as well. Other policies that some insurers allow you to bundle for additional savings include:

When considering bundling, home and auto insurance are the most commonly paired policies. However, many insurers allow you to bundle other policy types as well. Other policies that some insurers allow you to bundle for additional savings include:

If you qualify for both auto and home insurance coverage with a single carrier, it can often be financially worthwhile to bundle your policies. Multi-policy discounts are often some of the biggest savings that insurers offer. However, you might find that you can purchase separate policies for auto and home with different companies and still get a lower rate on each, even without a multi-policy discount, if the base premium is lower for each. And in some cases, bundling may not be available to you if your preferred auto or home insurer does not sell other lines of insurance.

If you qualify for both auto and home insurance coverage with a single carrier, it can often be financially worthwhile to bundle your policies. Multi-policy discounts are often some of the biggest savings that insurers offer. However, you might find that you can purchase separate policies for auto and home with different companies and still get a lower rate on each, even without a multi-policy discount, if the base premium is lower for each. And in some cases, bundling may not be available to you if your preferred auto or home insurer does not sell other lines of insurance.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2023 rates for ZIP codes and carriers in all 50 states and Washington, D.C.

Auto insurance

Rates are weighted based on the population density in each geographic region. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2021 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should only be used for comparative purposes.

Home insurance

Quoted rates are based on 40-year-old male and female homeowners with a clean claim history, good credit and the following coverage limits:

The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required).

These are sample rates and should be used for comparative purposes only. Your quotes will differ.

Bankrate Scores

Our 2024 Bankrate Score considers variables our insurance editorial team determined impacts policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s product availability, financial strength ratings, online capabilities and customer and claims support accessibility. Each factor was added to a category, and these categories were weighted in a tiered approach to analyze how companies perform in key customer-impacting categories.

Each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. Our scoring model provides a comprehensive view, indicating when companies excel across several key areas and highlight where they fall short.

Compare rates and save on auto insurance today!

Ashlyn Brooks is a finance writer with more than half a decade of experience, known for her knowledge in areas such as taxes, insurance, investing, retirement, finance news, and banking products.

Jessa Claeys is an insurance editor for Bankrate with over a decade of experience writing, editing and leading teams of content creators. She currently covers auto, home and life insurance with the goal of helping others secure a healthy financial future. Her work has been published by several insurance, personal finance and investment-focused publications, including Jerry, BiggerPockets, 401(k) Specialist, BP Wealth and more.

Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance.

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