With insurance costs continuing to rise, lowering your rates has never been more important. Homeowners insurance alone has skyrocketed nearly 70% in the past five-and-a-half years.
As a reporter who covers insurance every day, I've found one of the easiest ways to save is to buy your homeowners and auto coverage from the same insurer, a strategy known as bundling. The best bundling discounts can save you more than 25% on your combined premiums.
"On top of the savings, it just makes life easier," said Beth Swanson, an analyst at insurance marketplace The Zebra. "You usually work with the same agent for all your policies, your renewal dates line up and you only have one bill to keep track of. For a lot of households, that combination of convenience and savings is where bundling really pays off."
Some companies offer bigger savings the more policy types you add: Enrolling with Amica for home, auto, life and umbrella insurance, for example, could lower your bill by as much as 30%.
Looking at Amica's average rates in September 2025, that could save you $1,603 a year on home and auto insurance alone.
Offers in this section are from affiliate partners and selected based on a combination of engagement, product relevance, compensation, and consistent availability.
Amica offers two tiers of homeowners insurance: A standard policy and the brand's Platinum Choice plan, which covers more situations and has extended coverage for jewelry and liability. Add-on options include computer coverage, sump pump backup coverage, and dwelling replacement coverage.
Progressive doesn't underwrite its own insurance policies. Through its HomeQuote Explorer platform, however, it gathers multiple quotes from over a dozen top insurers to help you quickly compare and save.
Even better, you can often combine a bundling discount with other discounts — including reductions for having multiple vehicles under the same policy, completing a defensive driving course and driving a newer car with advanced safety features.
Farmers, for example, has 22 car insurance discounts — including as much as 20% off your combined rates if you have Farmers homeowners insurance.
Farmers Auto Insurance
Cost
The best way to estimate your costs is to request a quote
App available
Yes
Policy highlights
Farmers Insurance offers 23 discounts for auto insurance and issues policies in every state except Alaska, Delaware, Hawaii, Maine, New Hampshire, Rhode Island, Vermont, West Virginia and Washington, D.C.
Terms apply.
Read our review of Farmers car insurance
Bundling home and auto is relatively simple: Start by getting quotes from at least three providers that offer a bundling discount in your state. (That can include your current carrier.)
Most insurance companies offer online quotes, although some may require a phone call to finalize the process. You can also work with a local insurance broker to sort through offers.
Offers in this section are from affiliate partners and selected based on a combination of engagement, product relevance, compensation, and consistent availability.
Geico auto coverage is available in all 50 states and Washington, D.C., with 16 discounts and add-ons like roadside assistance, rental car reimbursement and mechanical breakdown insurance.
Progressive offers an array of riders, including rideshare insurance and a Deductible Savings Bank that deducts $50 each policy period you go without a claim. It also offers mechanical breakdown insurance, which covers unexpected major system failures.
Bundling doesn't automatically save you money, though — if your auto insurance is more expensive than your homeowners premiums, focusing on the cheapest car insurance you can find may ultimately lead to more savings.
"If a family member has a poor driving record or multiple claims, combining policies could actually raise your overall rate," cautions Swanson.
So, gather quotes for both bundled and separate policies. From there, you can do the math and pick the combination that saves you the most.
Once you've found the best deal, enroll and make sure they activate your bundling discount.
If you're changing carriers, don't cancel your existing policy until the new one takes effect. And if you have a mortgage, don't forget to notify your lender about any change in your homeowners coverage.
Bundling FAQs
Does bundling insurance save money?
Yes, bundling insurance can substantially lower your insurance premiums, in some cases up to 30% or more. To find the best price, get quotes for your home, auto, renters and other insurance policies from the same insurer and with the same amounts of coverage. Then, compare them to see which brand offers the lowest premiums.
What are the disadvantages of bundled insurance?
While bundled insurance can typically be cheaper on the whole, you might find that the company that offers you the best rates on homeowners insurance isn't the same one that offers you the best price on car insurance. If this is the case, bundling insurance may not be worth the discount. Getting quotes and comparing them is the best way to understand if this is your situation or not.
What insurance company has the best bundling discount?
The insurer with the best bundling discount depends on a variety of factors, including the type of driver you are, what kind of home you have, where you live and how much your base premiums are to start out with. We've found that Amica, Geico and Farmers all have generous rate reductions for customers who take advantage of multi-policy discounts.
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Meet our experts
At CNBC Select, we work with experts who have specialized knowledge and authority gained through years of training and experience. For this story, we interviewed Beth Swanson, an insurance analyst at The Zebra.
A licensed insurance agent, Beth specializes in creating clear, accessible content that helps shoppers make confident, informed decisions about the products that best suit their needs.
She holds a master's degree from the University of Northern Colorado and previously worked in public education.
Why trust CNBC Select?
At CNBC Select, our mission is to deliver high-quality service journalism and comprehensive consumer advice to our readers, enabling them to make informed financial decisions. Every insurance article is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of insurance products. While CNBC Select earns a commission from affiliate partners on many offers and links, we create all our content independently of our commercial team and any outside third parties, and we pride ourselves on maintaining high journalistic standards and ethics.
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