Best home and auto insurance bundling discounts
Some of the top insurance companies offer generous discounts for bundling home and auto insurance policies. Here are some of the best policy bundle discounts you can get.
Progressive has a generous bundling discount for new customers. If you’re switching to Progressive from another insurer, the average bundling savings is over 20% when you purchase auto and home insurance policies. For existing customers, the average bundling discount is 4%.
Once you purchase a home insurance policy, you’ll automatically receive a discount on your auto insurance policy. Progressive also allows customers to bundle any two policies together to get a discount.
Allstate’s average bundling discount for home and auto insurance is 25%. You can also get a discount for bundling your auto insurance with condo or renters insurance. And you can purchase a bundle with motorcycle insurance and renters insurance.
If you want to see how much you could save with an auto and home bundle from Allstate, it’s easy to get a quote online. Allstate also offers a variety of home and auto insurance discounts that could help you save even more.
GEICO provides a discount to customers who bundle auto insurance and homeowners, renters, condo, motorcycle, or mobile home insurance. However, the website doesn’t list the average savings for any of the bundles. To find out how much you could save, get a bundle quote on GEICO’s website with the policies you want to purchase.
An important thing to know about GEICO is that it doesn’t underwrite its own home insurance policies. When you get a quote, GEICO matches you with one of its affiliates, like Chubb or Liberty Mutual.
State Farm is the largest underwriter of home and auto insurance policies in the country. It’s also one of the best insurance companies for policy bundling. When you combine home and car insurance policies from State Farm, you can save up to $1,127, according to its website.
State Farm also offers bundles for different types of policies. This allows you to bundle your car insurance with a life, home, condo, or renters insurance policy to qualify for a discount.
Nationwide offers comprehensive home and auto insurance policies and generous discounts. Customers can save an average of $646 on a home and car insurance bundle. There’s also a discount available for bundles of auto and renters insurance.
In addition, Nationwide makes it easy to get a quote for bundled policies online. When you visit the home page, find the quote button and select “auto and home” from the drop-down menu. You can also contact an agent in your area to get a customized rate quote over the phone.
USAA is a top-rated company that exclusively sells insurance coverage to military personnel, veterans, and their immediate family members. If you qualify, you can take advantage of USAA’s robust insurance policies and discounts for potential savings.
USAA offers a discount for customers who bundle a homeowners or renters insurance policy with an auto insurance policy. However, the discount is only 10%, which is lower than many of the other companies listed here. Bundling quotes are available online, but you must be an existing customer or have appropriate military credentials to complete the quote process.