By BundleInsuranceGuide Editorial Team | Updated September 13, 2026

Farmers vs. Progressive: Which Home and Auto Bundle Is Better?

Farmers and Progressive sit on opposite sides of a key structural line: Farmers writes both home and auto directly, while Progressive mostly brokers homeowners coverage out to partner carriers, a difference that shows up directly in how large each company’s bundle discount can realistically be.

Farmers vs. Progressive: Quick Comparison

Category	Farmers	Progressive
AM Best rating	A (Excellent), outlook Positive on Long-Term ICR, Sept. 2026	A+ (Superior), stable, May 2026
Underwrites home insurance directly?	Yes	No, brokered to partner carriers
J.D. Power Auto Claims Satisfaction 2025	Not among top 3	673/1,000, 18th of 20
Reported avg. bundle discount	~10–18% (sources vary)	~6.7% (MoneyGeek)

Financial Strength: Which Insurer Is More Stable?

AM Best rates Progressive slightly higher at A+ (Superior), affirmed with a stable outlook in May 2026. Farmers is rated A (Excellent), one notch below, though its outlook on the Long-Term Issuer Credit Rating was revised from Stable to Positive in September 2026, citing underwriting profitability and organic surplus growth, an improving trend worth noting even at the lower current grade.

Customer Satisfaction: What J.D. Power Says

Progressive scores notably low in J.D. Power’s satisfaction studies: 673/1,000 (18th of 20) in the 2025 Auto Claims Satisfaction Study, and 621/1,000 in the broader Auto Insurance Study, more than 20 points behind State Farm and GEICO in every region measured, with J.D. Power’s own managing director citing weak scores on “trust, problem resolution and people.” Farmers scored in the low-to-middle tier across most regions in the same shopping study (roughly 599–666), also not a leader, but not the study’s lowest performer either.

Bundle Discount: Which Saves You More?

This is the clearest gap in this comparison: Progressive’s own multi-policy discount is reported at just 6.7% (about $316/year, MoneyGeek), notably smaller than most major carriers, a direct consequence of homeowners coverage coming from a separate partner insurer rather than Progressive itself. Farmers’ reported bundle savings run meaningfully higher, cited anywhere from “10% or more” to around 17–18% depending on the source.

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Other Differences Worth Knowing

Progressive’s Snapshot telematics program (average savings cited around $322/year) and Farmers’ Signal app (with CrashAssist crash detection) both offer usage-based discounts. On raw market size, Progressive overtook State Farm as the largest U.S. private auto insurer by premium volume as of early 2026, a scale signal, not a satisfaction one, especially given its J.D. Power scores above.

Which Bundle Is Better For You?

If bundle savings size is your priority, Farmers’ direct-underwriting model produces a meaningfully larger reported discount than Progressive’s partner-brokered 6.7%. If you’re mainly Progressive-shopping for auto because of price or its online tools, know going in that its claims-satisfaction scores trail the field, and that any “bundle” will really be two separate relationships, Progressive for auto, a different insurer for home.

Frequently Asked Questions

Does Progressive sell homeowners insurance directly?

No, Progressive brokers home insurance through partner carriers rather than underwriting it itself, which is part of why its bundle discount (about 6.7%) is smaller than direct-writing competitors like Farmers.

Why is Progressive’s J.D. Power score so much lower than other major carriers?

In J.D. Power’s 2025 studies, Progressive scored 673/1,000 (18th of 20) in Auto Claims Satisfaction and 621/1,000 in the broader Auto Insurance Study, more than 20 points behind State Farm and GEICO in every region, J.D. Power’s own analysis pointed to lower scores on trust, problem resolution, and people.

Is Farmers a better bundle option than Progressive?

On reported discount size, yes, Farmers’ bundle savings (roughly 10–18%, depending on source) are meaningfully larger than Progressive’s reported 6.7%, and Farmers underwrites both lines directly rather than brokering the home policy.

Key Takeaways

• Progressive holds a slightly higher AM Best rating (A+) than Farmers (A), though Farmers’ outlook was recently revised upward (to Positive) while Progressive’s stayed stable.
• Progressive scored notably low across multiple 2025 J.D. Power studies (18th of 20 in Auto Claims Satisfaction); Farmers scored in the low-to-middle tier, not the bottom.
• Progressive’s reported bundle discount (~6.7%) is meaningfully smaller than Farmers’ (~10–18%), largely because Progressive brokers homeowners coverage to partner carriers instead of underwriting it directly.
• Progressive overtook State Farm as the largest U.S. private auto insurer by premium volume in early 2026, a market-size fact, not a satisfaction signal.
• If home+auto bundle savings size matters most, Farmers’ direct-underwriting model has the edge here.

Insurance Disclaimer

Disclaimer: The content on this page is for informational purposes only and does not constitute insurance, legal, or financial advice. Insurance rates, discounts, and availability vary by state, provider, coverage level, and individual risk factors. Savings figures are general industry estimates and are not guaranteed for any individual. Always consult directly with licensed insurance professionals and obtain multiple quotes before making coverage decisions. BundleInsuranceGuide.com may earn a commission from affiliate links on this page at no additional cost to you.

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