- Cheapest home and auto bundles in Pennsylvania
- The cheapest home and auto insurance bundle companies in Pennsylvania
- Biggest home and auto bundle discounts in Pennsylvania
- How do home and auto bundles affect car insurance rates in Pennsylvania?
- What are the best home and auto insurance companies in Pennsylvania?
- Home and auto bundle insurance in Pennsylvania cities
- How does bundling home and car insurance work?
- The pros and cons of home and auto insurance bundles
- Should you bundle home and auto insurance in Pennsylvania?
- Methodology
- Home and auto insurance bundle in Pennsylvania: FAQs
Cheapest home and auto bundles in Pennsylvania
The cheapest car and home bundles in Pennsylvania are from State Farm, followed by Nationwide.
The price you pay with a home and auto bundle depends on the base prices for the home and auto policies as well as the amount discounted on each policy. The table below shows the average rates for home insurance and auto insurance and how much the total premiumThe payment required for an insurance policy to remain in force. Auto insurance premiums are quoted for either 6-month or annual policy periods. is with and without the bundling discount.
| Company | Home premium | Auto premium | Bundle premium | Without bundle premium |
|---|---|---|---|---|
| State Farm | $1,532 | $1,890 | $2,589 | $3,422 |
| Nationwide | $2,188 | $2,089 | $3,525 | $4,277 |
| Erie Insurance | $2,060 | $2,177 | $3,558 | $4,237 |
| Allstate | $989 | $3,701 | $3,778 | $4,690 |
| Travelers | $5,536 | $1,573 | $6,331 | $7,109 |
The cheapest home and auto insurance bundle companies in Pennsylvania
State Farm
Our take: State Farm topped the list of auto insurance companies in a recent ranking, with customers giving its auto insurance plans high satisfaction scores. The company is also the top pick for home insurance, with customers giving it high marks for customer satisfaction, ease of service and for its various policy offerings in the home insurance category. State Farm is the biggest property and casualtyLiability or loss resulting from an accident. insurance company in the nation.
Nationwide
Our take: Nationwide auto customers give it high marks for affordable rates and claims satisfaction. Its home insurance rates aren’t the lowest, but they are still cheaper than many competitors. Nationwide, the tenth-largest property and casualty insurance company in the nation, ranked third for claims satisfaction in J.D. Power’s 2023 survey.
Biggest home and auto bundle discounts in Pennsylvania
With an average of 24%, the largest discount for bundling home and auto insurance can be found at State Farm. In contrast, at only 11%, the smallest multi-policy discount of the companies reviewed belongs to Travelers.
| Company | Home and auto bundle discount |
|---|---|
| State Farm | 24% |
| Allstate | 19% |
| Nationwide | 18% |
| Erie Insurance | 16% |
| Travelers | 11% |
How do home and auto bundles affect car insurance rates in Pennsylvania?
The most affordable rate after the multi-policy discount belongs to Travelers at $1,417. The largest discount on auto is offered by Allstate and State Farm at 19%. The table below shows Pennsylvania auto insurance rates before and after applying a bundling discount.
| Company | Auto premium before bundling | Auto premium after bundling | $ difference after bundling | % difference after bundling |
|---|---|---|---|---|
| Travelers | $1,573 | $1,417 | $156 | 10% |
| State Farm | $1,890 | $1,528 | $362 | 19% |
| Nationwide | $2,089 | $1,873 | $216 | 11% |
| Erie Insurance | $2,177 | $1,933 | $244 | 11% |
| Allstate | $3,701 | $3,012 | $690 | 19% |
What are the best home and auto insurance companies in Pennsylvania?
Our home and auto insurance comparison found that Farmers is the best home insurance company overall in Pennsylvania, while Travelers is the best auto insurance company. It's important to compare insurance companies not only on rates, but on reputation as well.
| Company | AM Best | NAIC | Average annual premium | Insurance.com score |
|---|---|---|---|---|
| Farmers | A | 0.54 | $2,072 | 5.00 |
| Allstate | A+ | 0.9 | $1,180 | 4.21 |
| Nationwide | A+ | 0.87 | $1,592 | 4.17 |
| Travelers | A++ | 0.54 | $5,232 | 4.13 |
| State Farm | A++ | 0.95 | $1,424 | 4.05 |
| Company | AM Best | JD Power by state | NAIC | Average annual premium | Insurance.com score |
|---|---|---|---|---|---|
| Travelers | A++ | 822 | 0.49 | $952 | 3.43 |
| Erie Insurance | A+ | 863 | 0.61 | $1,550 | 3.41 |
| Nationwide | A+ | 820 | 0.64 | $1,196 | 2.99 |
| State Farm | A++ | 843 | 0.7 | $2,473 | 2.53 |
| Progressive | A+ | 814 | 0.65 | $2,193 | 2.44 |
| Geico | A++ | 818 | 0.91 | $2,308 | 2.42 |
| Westfield Insurance | A | 833 | 1.08 | $1,872 | 2.35 |
| Allstate | A+ | 825 | 0.65 | $2,503 | 2.28 |
Home and auto bundle insurance in Pennsylvania cities
Where you live in Pennsylvania will impact what you pay for an auto and home insurance bundle. Take a look at average home and auto insurance bundles by city below.
| City | Auto & home after discount | Auto & home before discount | $ Difference | % Difference |
|---|---|---|---|---|
| Easton | $1,994 | $2,650 | $656 | 25% |
| York | $1,819 | $2,412 | $594 | 25% |
| Nanticoke | $2,041 | $2,676 | $635 | 24% |
| Philadelphia | $3,143 | $4,147 | $1,004 | 24% |
| Bernville | $2,241 | $2,898 | $657 | 23% |
| Adah | $2,317 | $2,971 | $654 | 22% |
| Austin | $2,611 | $3,307 | $696 | 21% |
| Blain | $2,068 | $2,619 | $552 | 21% |
| Ford City | $2,729 | $3,450 | $721 | 21% |
| West Mifflin | $2,264 | $2,862 | $598 | 21% |
| Allenwood | $2,411 | $2,964 | $553 | 19% |
| Farrell | $2,335 | $2,880 | $545 | 19% |
| Kittanning | $2,456 | $3,017 | $561 | 19% |
| Alum Bank | $3,562 | $4,237 | $675 | 17% |
| Reading | $3,444 | $4,035 | $591 | 16% |
How does bundling home and car insurance work?
The concept of bundling is pretty straightforward. You buy more than one type of insurance from the same company and, in exchange for the increased business, the insurance company gives you a discount. And there’s an additional benefit for the insurer for offering bundles: Customers who bundle are more likely to renew their policies.
You typically get discounts on both car insurance and home insurance when you bundle coverage. The discount isn’t equal for both policies. Each provider has its own discount formulas. Companies may offer a greater discount on one than the other.
The pros and cons of home and auto insurance bundles
The biggest benefit of bundling your home and car insurance is a cheaper premium.
But keep in mind that you don't always save money by bundling. You could find a company with a low enough price on one of the two policies to result in better overall rates than a bundle elsewhere. Here’s how that works:
- If you pay $1,000 for car insurance from one insurance company currently and $1,200 for home insurance from another, the total is $2,200.
- Let's say, however, you decide to get your home insurance from your car insurance company. The price is $1,500 for the new home insurance policy, $300 more than what you pay right now.
- The new combined price would mean a $300 increase, totaling $2,500.
- You would need a bundling discount of $400 or so, at minimum, to decrease the total bundle rate by enough money to save when compared to the price you currently pay for the separate policies.
Bundled rates aren't always cheaper in absolute terms. This is why you should carefully compare what you pay for separate policies now to quotes on home and car insurance bundles.
Should you bundle home and auto insurance in Pennsylvania?
Prior to signing up for an auto and home bundle, it’s important to shop around. Bundling your car and homeowners insurance has many advantages; you only have to deal with a single company and with a single bill and you typically get a discount on both policies. However bundling isn’t always the best deal.
Some companies have cheap car insurance rates but less competitive home insurance rates, and vice versa. You might pay less overall by choosing two different companies for your insurance.
Shop around and evaluate Pennsylvania car insurance rates on an individual basis and with a bundling discount to make sure you’re getting the best deal before you buy.
Methodology
In the spring of 2023, Insurance.com analyzed rate and discount data from Quadrant Data Services. The rates, from 2022, are the most recent available to Insurance.com and are based on a 40-year-old male driver with a 12-mile daily commute, good credit and a clean driving history. Rates were fielded for a full-coverage policy (100/300/100 with a $500 collision and comprehensive deductible). Homeowners insurance rates are based on $300,000 in dwelling coverage with $300,000 in liability and a $1,000 deductible.
Home and auto insurance bundle in Pennsylvania: FAQs
Below are answers to common questions about bundling home and auto bundles and other multi-policy discounts that can save you money on your insurance.
How do I cancel my insurance and bundle with another company?
You should have your new policy ready to go first, as you want to avoid a lapseWhen your auto insurance coverage ends because you missed a payment or did not renew it on time. A lapse in auto insurance coverage may result in paying higher premiums for a new policy. in coverage. Once you have the new policy start date, give your car or homeowners insurance company at least a 30-day notice of your cancellation. You can set the start date of your new policy for the day your old policy ends. By doing so, you'll ensure that your former company will stop billing you by the time your new policy is in effect. You'll also prevent any coverage gaps between the canceled policy and the new one.
Which insurance companies bundle home and auto insurance?
Almost every insurance company offers a bundling discount, often called a multi-policy discount. Multi-policy discounts aren't just for auto and home. They often include other home insurance policies like renters and condo, as well as motorcycle insurance and in some cases life, RV, boat, and others.
What type of insurance policies can I bundle?
Multi-policy discounts can also apply to other types of insurance policies that you buy from the same insurance company. Depending upon the insurer, you may also be able to bundle these types of insurance policies:
- Condo
- Renters
- Motorcycle
- RV
- Life
Some auto insurance companies don't write homeowners insurance, but some may align themselves with a home insurer to offer a discount. Ask your agent or customer service representative to see if you can bundle multiple insurance policies.
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