How to compare quotes for home and car insurance bundles
Some insurance companies offer discounts for bundling home and auto insurance. Depending on the company, you may save anywhere from 5% to 25%, or even more. If you’re in need of both home insurance and car insurance, it only makes sense to compare quotes for bundles. Begin with your current home insurance or auto insurance provider, and compare their bundling rates to rates from other companies.
Best companies for home and auto insurance bundles
Fortunately, some of the top insurance companies also offer the best discounts on bundles of home and auto insurance. Here’s a brief overview of a few of them.
If you bundle with Allstate, you can receive a discount of up to 25%. Since the provider offers a variety of policy options, you shouldn’t have any issues finding the right plans for your particular coverage needs. Allstate also offers a claims satisfaction guarantee that will refund your six-month premium for free if you file a claim but are displeased with the process.
GEICO is one of the most popular insurance companies in the U.S. Its policies are available in every state, and you can save even more if you insure multiple vehicles. Note that GEICO works with other companies to offer some types of insurance, so you may or may not be able to bundle with the company directly.
Nationwide offers a fairly high bundling discount of up to 20%. Plus, its homeowners policies are very affordable. It also has a strong A.M. Best score of A+, which speaks to its reputability and financial integrity. Just keep in mind that Nationwide doesn’t offer home or auto insurance in every state.
Progressive offers great deals on bundling. The company even lets you compare competitor prices. If you do choose Progressive, ask about additional discounts to further reduce your premiums, as many are available. Progressive has also earned high ratings from A.M. Best and J.D. Power. Just be aware that some of its bundled options include policies provided by third parties.
State Farm is available in every state. Depending on your situation and where you live, you may lock in a bundling discount of up to 20%. State Farm also offers a unique perk in that it adjusts its homeowners policies for inflation. In addition, the company’s website is loaded with useful digital tools.