Did you know bundling auto and renters insurance could save the average American $500–$900 a year? Yet, 45% of renters still don’t take advantage of this hack. In this guide, we’ll reveal how to compare bundles like a pro, uncover hidden discounts, and avoid costly mistakes. Let’s dive into Auto and Renters Insurance Bundle Comparison!
What Is an Auto and Renters Insurance Bundle?
Bundling means buying both policies from the same insurer. Think of it like a “combo meal” for insurance—cheaper and simpler than ordering separately.
Why Bundle? 5 Shocking Benefits
- Save Up to 30%: Insurers reward loyalty. For example, State Farm offers up to 23% off for bundling.
- Better Coverage Options: Some companies add perks like free roadside assistance.
- One Bill, Zero Hassles: Manage due dates and payments in one place.
- Claims Made Easy: Report a car accident and renters claim to the same team.
- Discounts on Discounts: Stack savings (e.g., safe driver + bundle discounts).
How Much Can You Really Save?
| Company | Avg. Annual Auto Cost | Avg. Annual Renters Cost | Bundle Savings |
| State Farm | $1,200 | $180 | $300 |
| Geico | $1,100 | $150 | $250 |
| Allstate | $1,400 | $200 | $350 |
| *Based on 2024 national averages for a 30-year-old driver with a clean record.* |
Case Study: John, 28, in Texas, saved $342/year by switching to a Progressive bundle. He used the extra cash to pay off student debt!
Top 5 Companies for Bundling (2025 Comparison)
- State Farm
- Bundle Savings: Up to 23%
- Extra Perks: Accident forgiveness, 24/7 claims.
- J.D. Power Rating: 4.2/5
- Geico
- Bundle Savings: Up to 25%
- Extra Perks: Mechanical breakdown coverage.
- J.D. Power Rating: 4.0/5
- Allstate
- Bundle Savings: Up to 30%
- Extra Perks: Claim RateGuard® (no hikes after a claim).
- J.D. Power Rating: 3.8/5
- Progressive
- Bundle Savings: Up to 22%
- Extra Perks: Name Your Price® tool.
- J.D. Power Rating: 3.7/5
- Liberty Mutual
- Bundle Savings: Up to 20%
- Extra Perks: New Move-In Protection (covers stolen items during moves).
- J.D. Power Rating: 3.5/5
How to Choose the Right Bundle (Without Regrets)
- Compare Apples to Apples:
- Don’t just look at price. Check coverage limits, deductibles, and exclusions.
- Ask About Hidden Discounts:
- Good student, military, or green home discounts.
- Read Reviews:
- Sites like J.D. Power or BBB reveal customer satisfaction.
- Check Financial Stability:
- Use AM Best ratings to ensure the company can pay claims.
When Not to Bundle
- Your Renters Policy Is Cheaper Elsewhere: Example: Lemonade offers renters insurance from $5/month.
- You Want Specialized Coverage: Need earthquake insurance? Some bundles exclude it.
FAQs: Bundling Auto & Renters Insurance
1. Is bundling always cheaper?
Usually, but compare standalone policies too. Use online tools like Policygenius for quick quotes.
2. Can I bundle if I have a bad driving record?
Yes, but savings may be smaller. Try companies like The General, which specialize in high-risk drivers.
3. How do I start bundling?
Call your current insurer or use comparison sites like NerdWallet. Most companies let you bundle online in 10 minutes.
4. Does bundling affect my credit score?
No, but missed payments can. Always pay bills on time!
Final Tip: Don’t Settle!
Bundling isn’t a “set it and forget it” deal. Re-evaluate every 1–2 years. Prices change, and new discounts pop up!
Ready to Save? Click here to compare personalized bundle quotes in under 5 minutes!
By following this guide, you’re not just saving money—you’re securing peace of mind. Share this article to help others unlock hidden savings! 💸🔑
Melanie Lopez is a passionate content specialist at American National Car Insurance, dedicated to simplifying car insurance for every American driver. With years of industry expertise, she crafts informative and engaging articles to help users make confident insurance decisions.