Many providers offer discounted rates for drivers who bundle their auto insurance and homeowners insurance (or, in some cases, your condo insurance or renter’s insurance). Bundling options can help you save up to 25% on your insurance policy.
The best home and auto insurance bundles
On average, drivers save about 15% (or $218 per year) by bundling home and auto insurance policies. However, some insurance providers may offer discounts of up to 25% to drivers who choose to purchase multiple insurance products.
Several providers offer bundling or multi-policy discounts, but the amount you can save will vary from insurer to insurer. For example, State Farm provides some of the biggest savings with an average bundling discount of 23% per year, while Progressive offers savings of up to 20%.
To help drivers find the best providers with the most savings opportunities, Jerry experts researched some of the top insurers in the nation. Based on the results, here are our top recommendations:
Allstate offers discounts of up to 25% for bundling your homeowners policy and auto insurance, meaning that they have the largest potential discount options for many drivers. With home and auto insurance in all 50 states, Allstate policyholders can access their accounts via the mobile app, regardless of where they live.
Nationwide not only offers auto and home insurance, they also provide multi-policy savings for other bundling combinations, such as: auto and renters, motorcycle and renters, auto and home and life insurance, and boat and auto. Unfortunately Nationwide does not offer coverage in all states, so you’ll need to check with your local agent to see if this insurance is available to you.
When drivers with Travelers insurance bundle their home and auto, they don’t only qualify for car insurance discounts—they can qualify for homeowners discounts also! From loss-free, to green home and protective device discounts, Travelers policyholders can earn an additional 5% or more off their premiums.
Does bundling really save you money?
Bundling is a great way for drivers to save on car insurance rates. Let’s say you’re paying $1,691 for a full coverage car insurance policy from Travelers, one of the cheapest insurers for auto coverage. When you compare homeowners insurance quotes, the cheapest you find is from Allstate, at just $1,708 per year.
But if you switched to Nationwide at $1,860 per year for auto and $1,729 for home insurance, the average 15% bundling discount could bring your annual insurance costs down from $3,400 per year with separate insurance companies to just $3,051 per year!
To help illustrate this point further, Jerry experts recently analyzed thousands of real bundled policies from the top insurers in the nation. Here’s how much you could save with these providers:
| Insurance company | Average rate w/o bundling | Average rate w/ bundling | Total savings (%) |
|---|---|---|---|
| Allstate | $142 | $130 | 9% |
| Dairyland | $219 | $195 | 12% |
| Bristol West | $269 | $260 | 3% |
| Gainsco | $160 | $155 | 3% |
| National General | $152 | $145 | 5% |
| Progressive | $129 | $120 | 8% |
However, it’s important to remember that just like car insurance rates, your bundling quotes can change based on how many vehicles you own, your coverage levels, and which policies you’re bundling.
How does home and auto insurance bundling work?
Bundling is the process of purchasing multiple types of insurance from one provider. Bundled policies usually include homeowners insurance and auto insurance, but you can also bundle your car insurance with renters insurance, RV insurance, motorcycle insurance, boat insurance, and pretty much any other kind of policy you can think of.
Learn more: The best car insurance companies of 2024
The cheapest bundles for home and auto vs. renters and auto
On average, drivers who bundle home and auto insurance pay approximately $222 per month for coverage. But most drivers can find cheaper than average rates with some of these insurers:
| Insurance company | Average monthly cost | Average annual cost |
|---|---|---|
| Aspire Insurance | $150 | $1,837 |
| Clearcover | $149 | $1,786 |
| Direct Auto | $190 | $2,278 |
| GEICO | $220 | $2,650 |
| Madison Mutual | $168 | $2,015 |
| Nationwide | $178 | $2,141 |
| Progressive | $133 | $1,594 |
| Safeco | $174 | $2,083 |
It’s not just homeowners who can save with multi-policy discounts and bundling services—renters can too. When it comes to renters, those who bundle their policies pay an average of $211 per month. However, these insurers often provide lower than average costs:
| Insurance company | Average monthly cost | Average annual cost |
|---|---|---|
| AAA | $153 | $1,840 |
| Allstate | $128 | $1,530 |
| Anchor General | $139 | $1,670 |
| Clearcover | $96 | $1,146 |
| Direct Auto | $152 | $1,820 |
| Gainsco | $137 | $1,648 |
| Kemper | $128 | $1,532 |
| Travelers | $90 | $1,079 |
Methodology
This article leveraged proprietary in-house data sourced from Jerry to investigate the impact of policy bundling on insurance costs for households with one vehicle. The analysis focused on assessing outcomes for both full coverage and minimum coverage policies within the context of bundling.
How to get bundled quotes for your home and auto insurance
It’s fairly simple to find bundled quotes for your home and auto insurance. Some companies will even offer bundles with other types of insurance, like life insurance, motorcycle insurance, boat insurance, and renters insurance.
The easiest way to get bundled quotes is to use an independent broker like Jerry. Simply download the Jerry app in the App Store or on Google Play, select Get new quotes → Bundle together → Car and Home, and then follow the instructions on your screen to check out your discount options.
When you should consider bundling home and auto insurance
Most drivers who own a home and a car will benefit from bundling their services—however, it may not always be the best idea for every driver. Bundling can lower your auto insurance costs and simplify your policy, so here’s when you should consider it:
When to bundle services:
- You’ll get a discount that saves you money: Many drivers find that their rates are significantly lower after a bundling discount. If bundling saves you money, that’s a great incentive to switch!
- You want a single deductible: Some insurance companies offer a single deductible for bundled home and auto insurance if damage is done to your house and your car in a single event, like a natural disaster. This can save you a lot of money when making a claim.
- You like the ease of having a single provider: Having one insurance company handle both your home and auto insurance means you’ll only need to deal with a single bill each month, saving you a lot of time.
- You’re unhappy with your current policy: If you don’t like your current insurance provider, it’s time to switch. Bundling could be the right choice for you if you’re looking for a provider offering lower rates and a simplified bill.
When not to bundle services:
- You already have a great rate with a company that doesn’t bundle: If you’re already paying a great rate with a company that only offers one type of insurance product, switching to a new provider might not save you money.
- You have specialized insurance needs: Drivers who have SR-22 insurance filing requirements based on their driving record may not be eligible for the usual bundling discounts. Those with high-risk homeowner’s insurance policies might not qualify, either.
- You’re benefiting from loyalty discounts: If you’ve been with your current insurance provider for a long time, your loyalty discount might be more beneficial than any potential savings from bundling with a new provider.
- You can’t find a big enough discount: While multi-policy discounts are often great, some discounts won’t offer enough incentive to switch to a bundled policy. If it’s cheaper to stick with separate auto insurance and home insurance policies, do that!
Learn more: How to get the best car insurance discounts
FAQ
-
Is it a good idea to combine home and auto insurance?
-
Where can I get a home and auto insurance quote?
-
Is homeowners insurance even worth it?
Liz Jenson is an insurance writer who specializes in general automotive and insurance topics. Liz’s mission is to produce informative and useful content to help car owners make smart choices when buying cars and car insurance. Since joining Jerry in 2021, Liz has written nearly 4,000 long- and short-form articles on topics including state-specific insurance recommendations, common car insurance questions, and deep dives into vehicle model details. Before they came to Jerry, Liz was a full-time student at Indiana University, Bloomington working on a double major in English and French.
Kianna Walpole is an insurance writer and editor with a comprehensive background in consumer behavior and online publishing. With experience in car insurance, maintenance, and repair, she is dedicated to building informative content that helps customers reduce costs while achieving the best service. Prior to joining the Jerry editorial team, Kianna worked as a junior editor in the content marketing industry, using consumer data and key insights to create and edit content for an array of large-scale clients in the real estate, cybersecurity, and healthcare industries.
