Bundling multiple types of insurance policies is an easy way to snag hundreds of dollars in savings off your annual premium dues. But not all bundles and insurers offer the same benefits.
When evaluating companies that bundle policies, we started with those offering multiple policies to customers across the nation. We considered how many policies each company discounts when bundling as well as the percentage discount.
Then, we factored in other coverage offered along with customer service and business ratings for a well-rounded picture of each company. The results bring you top choices for a balance of savings and service or an abundance of bundling options.
What are the best bundling insurance companies?
These insurance companies offered the best bundling options and discounts while rounding out their package with solid customer ratings. Our top picks:
Of all the companies we compared, Progressive offers the most coverage options hands down. Plus, it offers a bundling discount when you buy any combination of its 25 policies. It's worth taking time to get its online quote and, if you're happy with it, complete the signup process online.
Pros
Save between 5% to 12% when bundling
Score a bundling discount on any two or more of its 25 policies
Receive wide coverage options, high limits and freebies for your car, home and motorcycle policies
Amica offers a blend of high multipolicy discounts and top-notch customer service that's hard to beat among insurers. Whether you need car, home, condo, renters, life or umbrella insurance, you can shave up to 30% off your premiums. You can also choose a dividend policy, so you get a return of the company's profits at the end of your term.
Pros
Up to 30% off six types of policies
High customer and business ratings from review sites
Dividend policies provide an extra payout at the end of your term
Geico tops this list with high discounts for a variety of vehicle policies, including cars, motorcycles, boats and RVs. You can also score savings by bundling your car, home or renters policies. You're likely to see steep savings since Geico has some of the most competitive insurance rates to begin with.
Pros
Up to 25% off multi-vehicle policies
Low starting rates
24/7 customer service online or by phone or email
Update your policy or file claims online or in the app
Gabi has an innovative service for comparing dozens of quotes at the same time. You can create an account, choose the types of insurance you need and connect your current insurance accounts. Gabi will find the best deals on all your policies, either bundled or with separate companies. However, the quoting engine only works if you have an existing policy and are comfortable giving out your phone number — you won't get called or spammed.
Pros
Compare up to 20 quotes in two minutes
Manage your policy or file claims through Gabi
Ask a personal adviser policy questions for clarity before buying
We couldn't leave this honorable insurer out of the ranks. We're impressed with State Farm's high discounts for multiple bundled policies, including car, home, condo, renters or life insurance premiums. Many customers also enjoy its personalized local customer service.
Pros
Shave 17% off premiums for multiple types of policies
Enjoy personalized service from nearly 20,000 local agents
Insure a variety of needs like car, home, life, health or disability insurance
In general, a 10% multipolicy discount runs standard. But while most insurance companies offer bundling, its policy options and discounts can vary. See how these major companies compare:
Company
Policies you can bundle
Discounts up to
AAA
Car
Home
Condo
Renters
Life
20% off car and home
Allstate
Home
Car
Life
10% off car and 25% off home
American Family
Car
Home
Condo
Renters
Life
Motorcycle
Umbrella
29% off car and 20% off home
Amica
Car
Home
Condo
Renters
Life
Umbrella
30% off total
Assurance
Car
Home
20% off total
Chubb
Car
Home
10% off total
Electric Insurance
Car
Home
25% off total
Farmers
Car
Home
Condo
Mobile home
Renters
Life
Motorcycle
Boat
RV
Not specified
Gabi
Car
Home
Condo
Renters
Landlord
Motorcycle
RV
Umbrella
Not specified
Geico
Home
Renters
Car
Motorcycle
Boat
RV
25% off multi-vehicle policies
Homesite
Home
Car
10% off total
Liberty Mutual
Car
Home
Renters
Life
Motorcycle
Possible savings of over $800 on car and home
Nationwide
Car
Home
Renters
Motorcycle
Boat
Life
20% off total
Progressive
Car
Home
Condo
Renters
Motorcycle
RV
Boat
5% to 12% on car and home
State Farm
Car
Home
Condo
Renters
Life
17% off total
How do I compare insurance bundles?
When looking at the insurance company that’s best for your bundling needs, consider factors like:
Types of policies offered. Major insurers offer a variety of insurance, so you can keep all your policies in one place. But you could save more by bundling the most expensive policies like home and car, then looking at low-cost insurers for other needs.
Total savings from bundling. Look at the amount you’ll save for bundling your policies. A 10% multipolicy discount is common, so anything higher could amount to steep savings.
Additional discounts and benefits. Consider other discounts you might qualify for, such as a claims-free record or military service. Also, some companies offer perks and freebies, saving you from paying for coverage you were planning to buy.
Overall price compared to other companies. No matter the size of the discount, you might save more money by buying insurance with separate companies. Consider a variety of quotes before making a final decision.
Compare even more car insurance companies
Bottom line
Many people save money on insurance by bundling several policies with the same company. Common policy bundles include home and car, car and renters or car and motorcycle policies. But you’ll want to find insurance companies with the right mix of bundling, coverage and service options suited for you.
Common questions about the best bundling insurance
Bundling insurance works well for policyholders who want discounts as well as the convenience of managing and paying for their policies in one place. But it may not be the best option if you’re sacrificing steep savings by bundling rather than buying separate policies.
Yes, many companies offer multi-vehicle discounts if you insure several cars or a motorcycle, boat or RV along with your car.
Typically, yes. But your exact savings depends on the insurance company, its discount offered and whether you qualify for more discounts.
Sarah George is a personal finance writer at Finder who’s spent the last four years wielding her digital pen on all things banking and insurance. Her know-how has been featured in such publications as CBS, CNET and Reviews.com, and she was a panelist in Finder’s 2020 money-saving webinar. Sarah earned an English education degree and is a Certified Educator in Personal Finance.
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