9 Best Auto and Home Insurance Bundles for 2024 - NerdWallet (2024)

Bundling your home and auto insurance is a great way to save money. In fact, shoppers can get a discount of 18%, on average, when bundling their home and auto policies, according to NerdWallet’s analysis of rates from four of the nation’s largest insurers.

But don’t just go with the first insurance company you come across that offers a bundling discount. Choose an insurer with strong customer service, plenty of perks and coverage options, plus other discounts.

Here are NerdWallet’s picks for the best auto and home insurance bundles.

American Family

American Family says policyholders can save up to 23% when they bundle home and car insurance. The company offers strong customer service too, drawing fewer consumer complaints to state regulators than expected for an insurer of its size.

In addition to standard car insurance coverage, you can also add Diminishing Deductibles to your policy. With this feature, American Family will reduce your deductible — the amount of a claim you’re responsible for — by $100 for each year you drive safely.

Diminishing Deductibles are also available for homeowners insurance, along with a variety of other add-ons. For example, you can buy coverage for water damage from backed-up sewers and drains, or for major appliances that break down.

Aside from a bundling discount, you may be eligible for savings if you:

Amica

Amica’s website states that policyholders can save up to 30% if they bundle their home and auto insurance. In addition to a generous discount, the company has an array of coverage options.

Homeowners who want additional coverage on top of Amica’s standard home policy can buy the Platinum Choice package, which includes extended dwelling coverage and increased liability limits. Meanwhile, drivers can purchase extras like full glass coverage or prestige rental coverage, which covers up to $5,000 for a comparable rental car if your vehicle is in an accident.

Bundling isn’t the only discount Amica offers. Depending on your state, you could also save money by:

Bottom line: Excellent customer satisfaction and low consumer complaints make Amica a great choice for people looking to bundle their home and auto policies.

Auto-Owners

Auto-Owners sells home and auto insurance through local agents in about half of U.S. states. One nice feature of having both policies with Auto-Owners is that if an event such as a storm damages both your home and car, the company will reduce your auto deductible by the amount of your homeowners deductible.

You can tailor your homeowners policy with a variety of extras, such as coverage for identity theft, water backup or inland flooding. For peace of mind, you may want to consider guaranteed replacement cost coverage for the structure of your home, which will pay enough to rebuild after a total loss even if your dwelling limit isn’t high enough.

Additional options you can get for your auto policy include gap insurance, which protects you financially if you total a car that’s worth less than what you owe on it. You can also opt for accident forgiveness to avoid surcharges after a crash.

Besides a bundling discount, you could also save money by:

Country Financial

Country Financial is another great option for bundling. The company has strong customer satisfaction, with far fewer complaints to state regulators than expected for a company of its size.

Country Financial offers a range of home insurance coverage options depending on the policy you choose. Some policies cover issues like bleach stains on your couch or a power surge that damages electronics. You may also be able to add guaranteed replacement cost coverage, which has no limits on how much it will pay for new construction materials and labor to rebuild your home.

Auto insurance coverage options include new car replacement, which can pay for a new vehicle after an accident if yours is totaled. You can also add vehicle rental and trip interruption, which reimburses up to $800 for a rental car if you’re in an accident while away from home. It also covers some transportation, lodging and meal expenses if you’re in an accident more than 100 miles away from home.

The company offers a variety of discounts. Depending on your state, savings may be available for things like:

The Hanover

The Hanover has two home/auto packages that include bundling discounts: Platinum and Prestige.

Platinum is the standard bundle, which includes a variety of customizable coverage options. For example, you can add guaranteed replacement cost coverage to your homeowners policy to make sure you always have enough money to rebuild your home after a disaster, even if your dwelling coverage limit is too low.

If a single event affects both your home and your vehicle, you’ll need to pay only one deductible, not both. For example, that might include a fire that destroys both your house and your car in the garage.

Prestige is designed for higher-value homes and cars, offering flexible and generous coverage limits. The Prestige homeowners policy includes up to $100,000 for fine art or other valuables, plus unlimited loss of use coverage if you need to live elsewhere while your home is repaired. The Prestige auto policy comes with high limits for rental car coverage, plus travel expenses if your car breaks down.

In addition to bundling savings, you could get a discount or credit for:

Nationwide

Nationwide offers customers an average discount of 18% for bundling home and auto insurance, according to NerdWallet’s analysis. You can get a quote for a home/auto bundle right on the company’s homepage.

Nationwide’s homeowners insurance comes with ordinance or law coverage. This can pay to upgrade your home to current building codes after a covered claim. Homeowners can also choose extended replacement cost coverage, which will pay up to double the dwelling coverage limit if home rebuilding costs are higher than expected in a covered claim.

The company’s auto insurance offers some extra options. Drivers can choose the Vanishing Deductible program, which reduces your deductible over time as long as you drive safely. You can also add the total loss deductible waiver, which waives your comprehensive or collision deductible if your car is totaled.

The company’s pay-per-mile car insurance program, SmartMiles, is available in most states. If you don’t drive often, you might save on car insurance by opting into the program. You’ll pay a base rate that stays the same, plus a per-mile monthly rate.

In addition to a home and auto insurance bundling discount, other discounts may be available for:

State Farm

State Farm policyholders can save 25%, on average, when bundling auto and homeowners insurance, according to NerdWallet’s analysis. As America’s largest property and casualty insurer, State Farm also covers boats, RVs, farms or small businesses, among other things.

State Farm’s auto insurance includes all of the basics, but you can add extras such as rideshare insurance (useful if you drive for services like Uber or Lyft). Safe drivers willing to let State Farm track their driving habits can earn discounts through the Drive Safe & Save program.

State Farm offers a long list of home insurance coverage options to choose from, though some require speaking with an agent to add to your policy. Home insurance policyholders in most states can get a free Ting smart device, which tracks problems in your electrical system that could lead to fires.

Depending on where you live, State Farm may offer discounts for:

Travelers

Travelers draws few consumer complaints to state regulators for an insurer of its size.

Homeowners can upgrade to contents replacement cost coverage, which pays for newitems if your belongings are damaged or lost in a covered disaster. If you choose Green Home coverage, Travelers may cover extra costs for using environmentally friendly construction materials when rebuilding your home after a covered claim.

Travelers’ auto insurance also offers useful add-ons. Its Responsible Driver Plan forgives one accident or minor violation over a specified period. The Premier Responsible Driver Plan does the same but also includes a decreasing deductible — $50 off for every six months of good driving, up to $500 off your deductible.

Besides a home and auto bundling discount, you may qualify for savings by:

USAA

USAA policyholders can save up to 10% by bundling home and auto policies, the company says on its website. However, USAA’s insurance isn’t available to everyone. Only active military, veterans and their families are eligible to become USAA members and buy the company’s policies.

Homeowners can take advantage of included perks like replacement cost coverage for their belongings, which pays enough to buy new items if your stuff is damaged or destroyed in a covered claim. USAA also covers military uniforms with no deductible.

In some states, you may be able to save money on your auto insurance by enrolling in the company’s SafePilot program, which uses an app to track your driving habits. If you avoid risky behaviors such as hard braking and using your phone while driving, you could get a discount.

Depending on where you live, you may also get a discount for:

The benefits of an auto and home insurance bundle

If you bundle car and homeowners insurance, you may get benefits like:

The drawbacks of an auto and home insurance bundle

Bundling policies encourages a "set it and forget it” mentality, but automatically renewing year after year with the same company could come at a cost. You're less likely to check out competitors’ rates if you have to switch two policies instead of one, especially if one is paid automatically through a mortgage escrow account.

Prices tend to increase at policy renewal time, and they can inch up well beyond what you would pay with another company if you don’t check rates online or by phone.

Of course, not all insurance companies increase premiums until their customers are overpaying, and rates are bound to increase over time with any product. But if you don’t shop around every so often, you’ll never know whether you’re getting the fairest price.

Should you bundle car and home insurance?

Bundling home and car insurance will often save you money, but not always. To decide if bundling makes sense for you, compare the quotes for separate home and auto policies to quotes for bundled policies. If separate policies are cheaper than a bundled rate, there’s no reason to buy them together.

Insurance pricing is highly individual, and much depends on where you live, your credit history (in most states) and the value of the items you’re insuring. Say your situation translates to a very expensive auto policy — maybe you drive a sports car or had a recent at-fault accident — but your house is modest and requires little coverage. If your carrier provides you with the cheapest car insurance possible, even if the homeowners rate isn’t as low as it could be, you’re probably still saving with the bundle.

But the script is flipped if your carrier’s auto insurance is pricey compared with other options in your area. A discount on an inexpensive homeowners policy could pale in comparison to the bigger savings you would get by breaking the bundle and choosing the cheapest auto insurance. After shopping and comparing rates for both, you might want to keep your home policy the same, but get your auto insurance elsewhere.

Bundling tips

If bundling auto and homeowners insurance makes sense for you, take these steps to maximize your savings.

Compare bundles from different insurers, either online or with an agent. An independent insurance agent can get prices from multiple companies to help you find the best rate.

Check for third parties. Ask if the insurer uses a third-party insurance company (sometimes called an affiliate) for either policy you want to bundle. Although you may still save money, you’ll lose convenience because you won’t be dealing with just one insurance company.

Shop for quotes regularly because the cost of home insurance and the cost of auto insurance can change from year to year. It’s particularly important to shop around when you have a major life change (such as moving or getting married) or when you have a larger-than-usual rate increase at renewal.

You may also want to get new quotes if your credit has gotten significantly better or worse. In most states, having poor credit can have a bigger impact on your premiums than filing a claim. Learn more about how credit affects home insurance rates.

How we chose the best home and auto insurance bundles

Our editorial team chose insurance companies with NerdWallet ratings of at least 4.5 stars for their home and auto insurance products. All companies selected offer a discount for bundling home and auto insurance policies. We excluded insurers with products available in fewer than 10 states.

NerdWallet analyzed rates data from four of the largest home and auto insurance companies to find their median discounts for bundling home and car insurance. For this story, NerdWallet calculated averages using the median, which is the midpoint of the rates we examined.

For companies where rates data wasn't available, we used information on bundling discounts from the insurers' websites.