Insurance Bundling Statistics 2026: Key Data on Discounts, Savings & Trends

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Insurance bundling — holding home and auto policies with the same carrier — is one of the most widely recommended money-saving strategies in personal finance. But how much do Americans actually save, and how does it work in practice?

This page pulls together the most current publicly available data on insurance bundling: how many Americans bundle, what discounts look like by carrier, how savings vary by state, and what the research actually says about when bundling is and isn’t worth it.

All figures are drawn from the National Association of Insurance Commissioners (NAIC), the Insurance Information Institute (III), J.D. Power, and publicly available carrier disclosures.

📋 Key Takeaways

  • Approximately 34% of U.S. homeowners bundle home and auto insurance with the same carrier (Insurance Information Institute)
  • Bundle discounts typically range from 5% to 25%, with most policyholders saving 10%-18% on their auto premium
  • The average household can save roughly $150-$700 per year by bundling, depending on carrier and state
  • Nationwide and Farmers advertise the highest bundle discounts (up to 20% on auto); Progressive advertises the lowest (up to 7%)
  • Bundling doesn’t always produce the lowest combined premium — comparing separate specialist rates remains important
  • States with the highest base premiums (Florida, Louisiana, Texas) tend to see the largest absolute dollar savings from bundling

How Many Americans Bundle Home and Auto Insurance?

According to the Insurance Information Institute (III), approximately 34% of homeowners in the United States currently bundle their home and auto insurance with the same carrier. That share has grown over the past decade as carriers have expanded multi-line discount programs and comparison platforms have made bundled quoting more accessible.

The remaining 66% of homeowners either have policies with different carriers, are unaware of bundling discounts, or have determined that separate policies offer better value for their situation. Research consistently shows that many consumers who haven’t bundled have never compared bundled quotes — suggesting that the awareness gap is a significant factor.

Bundle Discount Ranges by Major Carrier (2026)

Carrier Max Auto Discount Max Home Discount AM Best Rating Home Underwriter
Nationwide Up to 20% Up to 15% A+ (Superior) Nationwide
Farmers Up to 20% Up to 12% A (Excellent) Farmers
State Farm Up to 17% Up to 10% A++ (Superior) State Farm
Allstate Up to 10% Up to 25% A+ (Superior) Allstate
Travelers Up to 10% Up to 13% A++ (Superior) Travelers
Liberty Mutual Up to 10% Up to 10% A (Excellent) Liberty Mutual
USAA Up to 10% Up to 10% A++ (Superior) USAA (members only)
Erie Insurance Up to 16% Up to 15% A+ (Superior) Erie (12-state region)
Progressive Up to 7% Varies by underwriter A+ (Superior) Third-party (varies by state)

Sources: Publicly available carrier disclosures, AM Best financial strength ratings as of 2025-2026. Discount ranges are maximums and may not be achievable in all states or for all policyholders.

Average Savings from Bundling: What the Numbers Show

The Insurance Information Institute estimates that consumers who bundle home and auto insurance with the same carrier save an average of 10%-18% on their auto premium and 5%-10% on their home premium. The dollar amount saved depends heavily on base premiums in your state.

Scenario Annual Auto Annual Home Combined Total Est. Annual Savings
No bundle (national avg.) $1,543 $1,582 $3,125
10% auto + 5% home bundle $1,389 $1,503 $2,892 ~$233/year
17% auto + 10% home bundle $1,281 $1,424 $2,705 ~$420/year
20% auto + 15% home bundle (high discount) $1,234 $1,345 $2,579 ~$546/year

Note: Based on NAIC national average premiums (home: ~$1,582/yr, auto full coverage: ~$1,543/yr). Actual savings depend on your specific insurer, state, coverage levels, and risk profile.

Customer Satisfaction Data for Bundle Carriers

Carrier J.D. Power Auto Claims Score vs. Industry Avg (880)
USAA 900 +20 ✓
Erie Insurance 895 +15 ✓
State Farm 882 +2 ✓
Nationwide 876 -4
Farmers 876 -4
Progressive 869 -11
Allstate 871 -9
Travelers 867 -13
Liberty Mutual 863 -17

Source: J.D. Power U.S. Auto Claims Satisfaction Study (most recent available data, 2023-2024). Industry average: ~880. USAA available to military members and eligible family members only.

For a carrier-level deep dive on bundling, see our analysis of State Farm vs. Progressive bundle programs and how multi-policy discounts are calculated.

Bundle Savings by State: What the Data Shows

State Avg. Annual HO Premium Est. 10% Bundle Savings (HO) Key Risk Factor
Florida ~$3,600-$6,000+ ~$360-$600+ Hurricane, litigation
Louisiana ~$2,400-$3,200 ~$240-$320 Hurricane, flooding
Oklahoma ~$2,200-$2,800 ~$220-$280 Tornado, hail
Texas ~$1,800-$2,400 ~$180-$240 Hail, hurricane (coastal)
National Average ~$1,582 ~$158
Ohio ~$1,000-$1,200 ~$100-$120 Moderate risk
Wisconsin ~$800-$1,000 ~$80-$100 Lower risk profile
Vermont ~$800-$1,000 ~$80-$100 Lower risk profile

Sources: NAIC average premium data; industry reporting. The 10% home discount shown is illustrative — actual bundle discounts on the home policy range from 0% to 25% by carrier.

Provider Bundle Options Highlights Best For Action
State Farm Home + Auto Strong bundling discount Families View Quote
Allstate Home + Auto + Renters Flexible policy options Multi-policy shoppers See Rates
Progressive Auto + Condo Fast online quote flow Digital-first buyers Compare Now
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When Bundling Doesn’t Produce the Lowest Total Premium

Despite the strong general case for bundling, there are documented situations where keeping policies with separate carriers results in a lower combined premium:

  • Highly competitive auto markets: Carriers like GEICO that specialize in auto insurance sometimes offer rates competitive enough that even without a bundle discount, the total cost of GEICO auto + a separate home carrier beats the bundled alternative.
  • Challenging home insurance markets: In California and Florida, home insurance availability has contracted, leaving some consumers with limited bundle options. The available bundled home policy may not be competitively priced compared to the best available standalone home policy.
  • High-value or specialty properties: Specialty home insurers (Chubb, AIG, Cincinnati Financial) may offer better replacement cost coverage for high-value homes than standard carriers — even if those standard carriers offer a compelling bundle discount on the auto side.
  • Recent driving violations: If your auto insurance rate has spiked due to violations or claims, the best rate may come from a non-standard carrier that doesn’t offer a competitive home bundle.

Frequently Asked Questions About Insurance Bundling

What percentage of Americans bundle home and auto insurance?

Approximately 34% of homeowners bundle home and auto insurance with the same carrier, according to the Insurance Information Institute. This represents roughly one in three homeowners — a share that has grown as bundling discounts have become more widely marketed.

How much does the average household save by bundling insurance?

Based on national average premiums and typical bundle discount ranges, the average household that bundles home and auto can save roughly $150-$700 per year. The actual amount depends on the carrier, the state, and base premium levels.

Which insurance company offers the largest bundle discount?

Nationwide and Farmers commonly advertise multi-policy discounts of up to 20% on auto insurance — among the highest maximums publicly disclosed by major carriers. State Farm advertises up to 17%. However, the largest advertised discount doesn’t automatically mean the lowest total premium.

Is bundling home and auto insurance always a good idea?

Bundling is often worth exploring, but it isn’t universally the lowest-cost option. It works best when the carrier is competitive on both lines simultaneously — which is more likely in states with strong multi-carrier competition.

Does bundling affect claims handling?

Generally, no — claims are typically handled under the same process regardless of whether you’ve bundled. One practical advantage: if an event damages both your home and car, you’re dealing with a single carrier rather than coordinating between two.

How is the bundle discount applied — to the home, auto, or both?

This varies by carrier. Most major insurers apply the primary discount to the auto policy, with a smaller discount on the home policy. Allstate is an exception — it tends to advertise larger discounts on the home side. Always ask which policy receives the discount and by how much when comparing quotes.

Key Takeaways

  • About 34% of U.S. homeowners bundle home and auto with the same carrier — most who don’t bundle have simply never compared bundled quotes
  • Bundle discounts at major carriers range from 7% to 20% on auto, with home discounts typically smaller
  • At national average premiums, a typical bundle saves $230-$550/year depending on which carrier’s discount applies
  • States with the highest premiums (Florida, Louisiana, Texas) tend to generate the largest absolute dollar savings from bundling
  • The bundle discount reduces your rate at the same carrier — but it’s not guaranteed to produce the lowest combined total premium compared to two best-rate separate policies
  • Carriers with the highest advertised discounts (Nationwide, Farmers) don’t always score highest on claims satisfaction — J.D. Power scores should be weighed alongside pricing

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. BundleInsuranceGuide.com may earn a commission from affiliate links on this page at no additional cost to you.

About the Author

Marcus Webb is a personal finance writer specializing in insurance and consumer protection. He has covered home, auto, and life insurance for over eight years.

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