Annual premium money savings
Depending on the state in which you reside, you can save between 6.9% (if you live in Florida) and 23.2% (if you live in Mississippi) in annual premiums per package.
Simplified insurance contacts
When you group your insurance, you only have one insurance company, an agent and a customer portal. It is convenient and quiet to have a contact person if something goes wrong and a place to manage your accounts.
Lowest deductible
With many insurance companies, if you include home and car insurance, you only have a deductible that applies to both types of insurance.
Cons
Avoid competition
If you think you’ve got a good deal with the package discount, you’re less likely to look for other quotes every year to make sure you’re still getting the best deal.
Get lost in the discount
It is easy to get distracted by the percentage discount and not pay attention to the price of insurance. The fact that a company offers a higher package discount does not mean that it is the best offer.
Affiliate Situations
Some insurance companies that offer packages only provide insurance for one part of their package and use an affiliate for the other part. That means you can end up working with more than one insurance company, agent and customer portal.
Should I group home and car insurance?
Grouping your insurance policies makes sense in many situations, but it is not the right choice for everyone. Here’s how to find out if bundling your insurance is a good idea for you.

When should you group
If you have insurance for homeowners of medium to high price and car insurance with a relatively good driving record, it may be an advantage to consult with insurance companies about combined discounts so you can save a percentage on each policy combining them in one.
If competitive quotes on home and car insurance packages show you that the package will give you the same or better coverage as you already have and will save you money on annual premiums, the package is an ideal option for you.
When you should not group
If you know that it is the type that is grouped and then never re-verify competitive prices, the grouping may not be the best option for you. Getting a discount does not mean that you are getting the best deal. Insurance companies can increase premiums over time. Check regularly to make sure you are not spending more than you owe.
Clustering may also not be a good option for you if you have a high-risk auto insurance policy (expensive car or low driving record). Some car insurance companies specialize in offering cheap car insurance for this type of consumer that is often less expensive than the package price.
Nor should you group your policies if it means sacrificing or limiting your insurance coverage or if the package price is higher than the price of the combined individual policies.
Tips on grouping and how to group
We recommend comparing home and auto insurance quotes annually, both separately and in packages. You can get most of your home and car insurance quotes online. If you need help, an independent insurance agent can help you get quotes from multiple companies to find the best value option. Also, don’t forget to ask the insurance companies for what other discounts you may qualify beyond the discount of multiple policies or packages.

The best home and car insurance packages
These are some of the best package deals from insurance companies:

Progressive: Progressive states that customers who choose a house and car package can save 10%.
State Farm: State Farm offers savings of up to $ 854 per year by making a home and car insurance package with them.
Allstate: Allstate offers up to 10% discount on cars and 25% discount on household premiums per package.
USAA: If you combine home and car insurance with USAA, it offers up to 10% discount on annual premiums.
Please note that some of these offers may not be available in all states. Some states may also have additional savings options.

If your insurance provider is not on this list, that does not mean you do not offer combined discounts. Talk to your provider to see if combined home and car insurance is an option your company offers and if it would be beneficial for you.