Last reviewed: October 7, 2026.
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Get Free Quotes NowBy Alvaro Barbosa | 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.
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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) | ~5% (MoneyGeek, Oct. 2026) |
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 scored 673/1,000 (18th of 20) in the J.D. Power 2025 U.S. Auto Claims Satisfaction Study, below the 700 industry average. Farmers was not among the top three either (Erie, NJM, and Liberty Mutual took those spots), so neither carrier is a claims leader on this benchmark.
Bundle Discount: Which Saves You More?
This is the clearest gap in this comparison: Progressive’s own multi-policy discount is reported at just 5% (about $292/year, MoneyGeek, October 2026), 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.
| 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 |
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 5%. 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 5%) 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 Auto Claims Satisfaction Study, Progressive scored 673/1,000 (18th of 20), below the 700 industry average.
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 5%, 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 (~5%) 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.