Best companies for bundling auto and home insurance
Our winner for the best auto and home insurance bundle is Auto-Owners — thanks to its competitive rates, excellent customer satisfaction and financial stability ratings, and an extensive car and home insurance coverage options. Our next top picks for the best insurance bundles of 2023 are USAA, State Farm, Erie, and Farmers.
Auto-Owners Insurance
4.9
Bundle home & auto
Offers flood insurance
Mobile app
New homebuyer discount
Good student discount
Offers new car replacement
Offers gap coverage
Accident forgiveness
Offers motorcycle insurance
Why we chose it
Auto-Owners Insurance earns the highest Policygenius Bundling Rating thanks to its low rates, slew of home & auto insurance discounts, and excellent customer satisfaction scores.
Pros and cons
Pros
Offers 20+ home & auto insurance discounts to save even more
Only pay one deductible if your home & car are damaged in the same covered event
Below-average number of customer complaints
Cons
Only available in 25 states
Can't file claims online
More details
Home insurance discounts
Multi-policy
Responsible payment
Claim free
Loyalty
New homebuyer
Paperless billing
Protective device
Advance quote
Automatic backup generator
Water shutoff system
Mortgage-free
Auto insurance discounts
Multi-policy
Payment history
Green discount
Life multi-policy
Paid-in-full
Advance quote
Safety feature
Favorable loss history
Multi-car
High deductible
Good student
Student away at school
Teen driver monitoring
USAA
4.7
All 50 states
Bundle home & auto
Offers extended replacement cost
Offers flood insurance
Offers earthquake insurance
Smart home discounts
Mobile app
Good student discount
Usage-based discount
Offers motorcycle insurance
Offers gap coverage
Offers classic car insurance
Why we chose it
USAA is a good choice for military members and their families looking to bundle their home and auto insurance together thanks to its competitive rates, slew of discount and coverage options, and best-in-class customer satisfaction ratings.
Pros and cons
Pros
16+ discounts and perks for members of the armed forces
Pay no deductible if your uniform is damaged or stolen while on active duty
Industry-best customer service and claims satisfaction ratings
Cons
Only available to military families
Doesn’t offer extended dwelling coverage options for home insurance
More details
Home insurance discounts
Multi-policy
Multi-product
Protective devices
Connected home
Loyalty
Claims-free
Auto insurance discounts
Multi-vehicle
Good driver
Good student
New vehicle
Anti-theft device
Storing your car
Garaging your car
Low mileage
Legacy
Loyalty
State Farm
4.7
All 50 states
Bundle home & auto
Mobile app
Offers extended replacement cost
Offers earthquake insurance
Offers flood insurance
Offers wildfire insurance
Good student discount
Coverage for rideshare drivers
Offers motorcycle insurance
Usage-based discount
Why we chose it
State Farm's nationwide availability, low bundling rates, and outstanding customer satisfaction scores makes it a top pick for bundling your home and auto insurance. It also earned the award "Best Insurance Company for High-Risk Homes" earlier this year.
Pros and cons
Pros
Score an extra 30% off your auto insurance rate with its special usage-based program
High customer satisfaction scores & financial stability ratings
Can bundle homeowners, renters, condo, auto, & life insurance policies
Cons
Not many speciality car insurance coverage add-ons, like full glass coverage or lock replacement
Fewer home insurance discount opportunities than competitors
More details
Home insurance discounts
Multi-policy
Protective devices
Fortified roofing
Higher deductible
Auto insurance discounts
Safe driver
New driver
Accident-free
Defensive driving course
Vehicle safety devices
Passive restraint system
Anti-theft
Multi-auto
Multi-policy
Erie
4.5
Offers flood insurance
Bundle home & auto
Mobile app
Offers gap coverage
Offers new car replacement
Usage-based discount
Coverage for rideshare drivers
Accident forgiveness
Why we chose it
Erie stands out thanks to its extremely competitive bundling rates, handful of insurance policies you can bundle together, and outstanding coverage perks. We also love Its auto insurance rate lock that lets you avoid premium rate hikes year after year.
Pros and cons
Pros
Very low rates for bundling home & auto insurance
Offers guaranteed replacement cost coverage for your home
Lets you lock in your auto insurance rate to avoid rate hikes year after year
Cons
Fewer home & auto insurance discounts than competitors
Above-average complaints for auto customers
More details
Home insurance discounts
Multi-policy
Protective devices
Advanced quote
Auto insurance discounts
Safe driver
Car safety equipment
Multi-car
Multi-policy
Reduced usage
Young driver
Annual payment plan
Farmers
4.0
Offers extended replacement cost
Offers earthquake insurance
Offers flood insurance
Smart home discounts
Bundle home & auto
Mobile app
Good student discount
Offers new car replacement
Offers motorcycle insurance
Accident forgiveness
Why we chose it
Farmers stands out thanks to its dozens of insurance discounts available, slew of insurance offerings you can bundle that go beyond just home and auto policies, and stellar customer complaint scores.
Pros and cons
Pros
Offers 30+ home & auto insurance discounts to help you save even more
Can bundle homeowners, auto, life, umbrella, small business, and specialty insurance policies to save on premiums
Below-average customer complaints compared to competitors
Cons
Doesn’t offer gap insurance for auto customers
Financial strength ratings are lower than other companies on this list
More details
Home insurance discounts
Affinity
Multi-line
Electronic policy
UL-approved roof
New home
Protective devices
Home safety
Green certifications
Claims-free
Smart home
Rent-to-own
Preferred payment
Good payer
HOA gated community
Auto insurance discounts
Multi-line
Multi-car
Affinity
Electronic policy
Good payer
Safe driver
Distant student
Youthful driver
Good student
Shared family car
On your own
Mature driver
Homeowner
Alternative fuel
Monthly autopay
Pay in full
Anti-lock brakes
Anti-theft devices
Daytime running lights
Passive restraint
Homing device
VIN etching
Methodology
How we chose the best companies for bundling
At Policygenius, our educational guides are written and fact-checked by licensed home insurance experts and reviewed by our Financial Review Council to ensure autonomy, expertise, and accuracy.
To find the best insurance companies for bundling home and auto insurance, we researched, analyzed, and rated companies across different ratings and metrics, including average annual bundling premiums, AM Best ratings, J.D. Power customer satisfaction and claims ratings, NAIC customer complaint numbers, and more.
We rated 10 companies in the following areas, weighted differently based on order of importance to customers in 2022.
Cost (35%)
We calculated each company’s average annual rate when you bundle your home and auto insurance policies, and also factored in the number of home and auto insurance discounts offered by each company.
Rates are based on the following coverage limits:
Auto bundling rate: Based on a 30-year-old male driver with a 2017 Toyota Camry and the following limits on a full-coverage policy: bodily injury liability ($50,000 per person, $100,000 per accident), property damage liability ($50,000 per accident), uninsured/underinsured motorist($50,000 per person, $100,000 per accident), comprehensive ($500 deductible), and collision ($500 deductible)
Home bundling rate: Based on a 40-year-old female homeowner with no claim history, good credit, a $1,000 deductible, and the following coverage limits: dwelling ($300,000), other structures ($30,000), personal property ($150,000), loss of use ($60,000), liability ($300,000), and medical ($1,000)
Financial confidence (25%)
Our financial confidence score is based on each company's rating with AM Best, Standard & Poor's, and Moody's — three of the insurance industry's leading credit rating agencies that measure a company's financial strength and stability.
Customer experience (20%)
Our customer experience rating is based on each company's score on J.D. Power's customer satisfaction, claims satisfaction, and digital experience surveys. These surveys rate companies based on policy offerings and billing processes, customer service around claims, and their desktop and mobile web experience.
We also factored in each company's score on the National Association of Insurance Commissioner Customer Complaint Index, which measures whether the company receives more or less complaints than the average insurance company of its size.
Coverage (20%)
Our coverage rating is based on the number and quality of coverage add-ons, tiers of coverage, and policy perks offered by each company for both home and auto insurance.
Once we determined each company’s Policygenius bundling score, our team of insurance experts analyzed the list to choose the best options overall.
Why you can trust Policygenius
As an online insurance marketplace, Policygenius works closely with homeowners all over the U.S. to help them find a home insurance policy that suits their needs — without bias or favor toward any one company. We don’t get paid for our company reviews, and our ratings reflect the latest pricing data, financial ratings, third-party reviews, and policy options from each company. In addition to using reputable external sources, we also leverage a vast library of internal resources, data points, and insights from our own team of home insurance experts.
Our ratings and company reviews can point you toward an insurer that you can rely on to protect your home and livelihood, but the best homeowners insurance company is based on several different factors. A licensed agent at Policygenius can guide you through your home insurance quotes and help you get the right coverage at the best price.
Compare the best auto and home insurance companies
The best company for auto and home insurance isn't necessarily the cheapest. To determine our Policygenius ratings, we analyzed sample bundling quotes for over 50 companies, customer and claim satisfaction scores, financial strength ratings, and available auto and home insurance coverage options.
Insurance company | Policygenius bundling rating | Average bundling cost | Average savings | |
|---|---|---|---|---|
4.9 out of 5 | $2,405 | 12% | ||
4.7 out of 5 | $2,434 | 6% | ||
4.7 out of 5 | $2,341 | 26% | ||
4.5 out of 5 | $2,142 | 18% | ||
4.0 out of 5 | $3,450 | 18% |
How Auto-Owners compares to other bundling options
Policies you can bundle: Home, renters, landlord, farm, flood, property and valuables, auto, motorcycle, boat, ATV, RV, personal umbrella, pet, business, commercial auto, commercial umbrella, annuity, life, disability
Bundling discount: 12%
How USAA compares to other bundling options
Policies you can bundle: Home, renters, landlord, flood, farm, collectibles, cell phone, personal umbrella, business, pet, travel, special event, personal cyber, health, dental, vision, annuity, auto, motorcycle, ATV, RV, boat, watercraft, bicycle, collector car, aviation, life
Bundling discount: 6%
How State Farm compares to other bundling options
Policies you can bundle: Home, renters, landlord, personal articles, farm, identity restoration, auto, motorcycle, boat, ATV, RV, travel trailer, business, commercial auto, liability umbrella, personal liability, life, health, pet, disability, business liability
Bundling discount: 26%
How Erie compares to other bundling options
Policies you can bundle: Home, renters, condo, flood, personal valuables, auto, motorcycle, RV, boat, collector car, ATV, life, personal umbrella, identity theft recovery, business, business auto, wholesaler-distributor, restaurant, risk control
Bundling discount: 18%
How Farmers compares to other bundling options
Policies you can bundle: Home, condo, renters, landlord, earthquake, flood, car, motorcycle, boat, collector car, RV, ATV, life, business, commercial auto, commercial property, pet, personal umbrella, rideshare
Bundling discount: 18%
Cheapest auto and home insurance bundles
PEMCO is the cheapest option to bundle your home and auto insurance policies. According to our research, the average annual cost to bundle both policies is $1,306 per year — with an average bundling savings of 19%. That's followed by Vermont Mutual, Island Insurance, Texas Farm Bureau, and MAPFRE Insurance.
However, keep in mind that these are regional insurance companies that only work in a handful of states. If you don't live in a state that these insurance companies write policies in, look into regional insurance companies where you live — they're often able to pass on savings to consumers since they're serving a smaller group of policyholders.
Insurance company | Average bundling cost | Average savings | |
|---|---|---|---|
PEMCO | $1,306 | 19% | |
Vermont Mutual | $1,484 | 25% | |
Island Insurance | $1,532 | 8% | |
$1,646 | 10% | ||
$1,663 | 23% |
How to choose the best company for bundling
Here are a few steps to take when choosing the best company for bundling your auto and home insurance policies:
18% of homeowners care MOST about bundling their home & auto insurance together
According to the Policygenius Home Insurance & Inflation Shopping Survey of 2023, around 18% of homeowners consider the ability to bundle their home and auto insurance with one company to be the most important factor when shopping for a policy. This isn't surprising, since you can often find the best deal thanks to special bundling discounts offered by most insurance companies.
Why bundling discounts on a carrier’s website can be misleading
Most insurance companies advertise their average bundling discount and savings amount on their website, but this can be misleading. Why? Because if a company's rates are already on the expensive side, having the largest discount may not necessarily make it the cheapest option.
For example, say you receive auto and home insurance bundle quotes from Company A and Company B. Even though Company A offers the bigger bundling discount, its base auto and home insurance rate is more expensive than Company B's. In this case, Company B offers the cheapest bundling deal even though its multi-policy discount is lower.
Quote | Company 1 | Company 2 |
|---|---|---|
Home insurance rate | $2,500 | $2,000 |
Auto insurance rate | $2,000 | $1,000 |
Bundling discount | 25% | 10% |
Home & auto rate when you bundle | $3,375 | $2,700 |
How to get the best home and car insurance quotes
To bundle your auto and home insurance, the easiest way to get started is by using an insurance marketplace like Policygenius — we'll do all of the work for you.
Here's what you can expect during the bundling process and how to compare policies to find the best one for you:
Step 1: Answer a few questions about your auto and home coverage to get bundling quotes through Policygenius
Just answer a few questions about your home and vehicles you want to insure, and one of our licensed insurance agents will pull auto and home insurance bundle quotes from top companies for you to consider.
They'll also help you figure out if you need more or less coverage than you had with your last policies, and give you advice about any additional coverage you might want to consider. All for free, with no impact to your credit score.
Step 2: Compare rates, coverage options, customer satisfaction ratings, and financial stability scores
Comparing rates from multiple companies will help you ensure you’re getting the best coverage at the lowest price. But remember that the cost of your auto and home insurance bundle isn't the only thing to consider.
You’ll also want to compare customer satisfaction and financial stability ratings along with the price to make sure you're not sacrificing quality just to save a few bucks.
You can use our Policygenius bundling ratings to help you compare your options. They take into account each company’s financial strength and stability, customer satisfaction scores, bundling rates and discounts available, and coverage options to give you a holistic view of each company’s strengths and weaknesses.
Step 3: Sign your new policies and pay your first premiums
Once you’ve found a new company you want to bundle your auto and home insurance with, your Policygenius agent will fill out all of the paperwork you need to purchase the policies. All that you'll need to do is sign on the dotted line and pay your first premium. Then you can rest easy knowing you only have one insurance company to deal with should anything happen to your home or car.
Step 4: Last but not least, it’s time to cancel your old policies
Once you’ve purchased your new policies and have a set date for when it will go into effect, it’s time to cancel your old insurance policies. Our Policygenius agents will walk you through this entire process — and fill out all of the paperwork for you.
It's normally as simple as notifying your insurance company in writing that you'd like to cancel your policy and signing a cancellation letter. You might even get a refund for a portion of your premiums if you paid up front for the year.
Is it always cheaper to bundle your auto and home insurance?
Not necessarily. Every insurance company weighs factors differently when determining the risk of coverage, meaning the rates your home and car qualify for won’t be the same across the board. This is why it pays to compare quotes through an insurance marketplace like Policygenius. Our team of licensed insurance agents will crunch the numbers to help you find the best coverage at the lowest rates — whether that means bundling your policies or not.
Should you bundle your home and car insurance?
Bundling isn't for everyone — especially if you can get cheaper rates by sticking with two separate companies. Here's a handy guide to help you determine if it makes sense to bundle your policies together.
10 best home insurance companies
According to our analysis of over 70 carriers, here are our picks for the best homeowners insurance companies of 2023:
Company | Best for | Average annual cost | Policygenius rating |
|---|---|---|---|
Overall | $1,406 | 5.0 out of 5 | |
Customer service | $1,756 | 4.6 out of 5 | |
Discounts and policy perks | $1,845 | 4.5 out of 5 | |
Easy claims filing | $1,966 | 4.5 out of 5 | |
High-risk homes | $2,484 | 4.2 out of 5 | |
Widely available coverage | $1,887 | 4.8 out of 5 | |
New homeowners | $1,879 | 4.3 out of 5 | |
Customizable policy options | $1,692 | 4.5 out of 5 | |
Comprehensive dwelling coverage | $1,284 | 4.5 out of 5 | |
High-value homes | $1,125 | 4.6 out of 5 |
Learn more >> The best home insurance companies of 2023
10 best auto insurance companies
According to our analysis of over 20 carriers, here are our picks for the best homeowners insurance companies of 2023:
Company | Best for | Average annual cost | Policygenius rating |
|---|---|---|---|
Overall | $1,176 | 4.9 out of 5 | |
Customer service | $1,574 | 4.6 out of 5 | |
Customizing coverage | $1,315 | 4.7 out of 5 | |
Bundling | $1,165 | 4.7 out of 5 | |
Families with teens | $1,192 | 4.7 out of 5 | |
Coverage after an accident | $1,440 | 4.8 out of 5 | |
Veterans & military families | $1,044 | 5.0 out of 5 | |
Usage-based policy | $1,780 | 4.3 out of 5 | |
At-home workers | $1,475 | 4.2 out of 5 | |
Luxury vehicles | N/A | N/A |
Learn more >> The best auto insurance companies of 2023
Get your bundle quotes through Policygenius
Frequently asked questions
What is insurance bundling?
Bundling insurance is when you buy home insurance and auto insurance policies from the same company. Besides the convenience of not having to jump between companies to find your policy information, most insurance carriers provide a discount for bundling policies.
What is the best home and auto insurance?
There is no one best home insurance and best auto insurance company — it all depends on what factors are most important to you. For example, someone who’s looking for bare bones coverage at the cheapest rates possible is going to have a different “best pick” than a person who cares the most about an easy claims filing process. The easiest way to find the best home and auto insurance company for you is to reach out to a Policygenius expert who can help you compare policies and rates from a number of companies.
What is the best home insurance company?
Auto-Owners Insurance earned the top award as the best overall home insurance company, but State Farm, USAA, and Amica all made the list as well. That's because we understand that our top overall pick might not be best for every home or circumstance. As a result, our curated list of the best home insurance companies of 2023 includes the best option for high-risk homes, high-value homes, superior customer service, and more.
What is the best auto insurance company?
Geico earned the top award as the best overall auto insurance company for, but Auto-Owners, Erie, State Farm, and Allstate all made the list as well. That's because we know the best company for you might vary from your neighbor based on your driving record and priorities. In turn, our curated list of the best car insurance companies of 2023 includes top picks for good drivers, teens, drivers with a few tickets, military families, and more.
Can you bundle renters and auto insurance?
Yes, many companies make it possible for you to bundle a renters insurance policy with your auto insurance policy. In general, you can bundle any property insurance policies together — like condo and auto insurance, or car, home and motorcycle insurance — as long as your insurance company offers them. Check with your provider to see which bundling options are available to you.
Can I file a single insurance claim for home and car damage?
No — if your home and car are damaged in the same event, you’ll have to file two separate insurance claims. But if you bundle your home and car insurance, you may only need to pay one deductible for the damage.
Policygenius prides itself on providing transparent, unbiased reviews of home insurance companies. Though we make money when you purchase a policy through our site, this does not affect our editorial independence and rigorous editorial standards.
