Best Home And Auto Insurance Bundles In Florida 2024

Having bundled my home and auto insurance with different companies, I’ve found State Farm to be the top choice overall.

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Written by Bob Phillips
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Seeking the best deals on home and auto insurance bundles in Florida?  You’re in the right spot. Drawing on 15 years as an insurance agent, I’ve guided numerous clients to cost-effective coverage options.

The repercussions of inadequate insurance can be severe. Imagine returning home to find your house flooded or being in a car accident and discovering your insurance doesn’t cover the damage. Even worse, consider paying excessive premiums for years, only to realize later that comparable coverage was available for much less. These scenarios aren’t hypothetical—I’ve witnessed them firsthand, and trust me, it’s a predicament you want to steer clear of.

In this guide, I’ll provide valuable insights to help you avoid these pitfalls. We’ll analyze comparison charts, customer feedback, and my personal experiences to present a detailed overview of the most cost-effective and highly-rated home and auto bundle companies in Florida. By the end of this guide, you’ll be empowered to make a smart choice that ensures both your home and vehicle are adequately protected without unnecessary expenses.

Best Home And Auto Bundle Insurance In Florida, 2024

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Best Overall - State Farm
allstateicon-logo
Best Runner-Up - Allstate
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Cheapest - Farmers
Best Bundle Insurance, Florida, 2024

Compare The Best Home And Auto Bundles In Florida

Overall Rating Best For A.M. Best Rating J.D. Power Rating Average Bundle Cost Get A Quote
State Farm
4.9

Overall

A++

838

$3,240

Instant Quote
Allstate
4.8

Runner-Up

A+

809

$3,567

Instant Quote
Farmers
4.5

Cheapest

A

813

$2,857

Instant Quote
Nationwide
4.7

Add-On Captions

A+

797

$4,598

Instant Quote
GEICO
4.6

Discounts

A++

801

$3,580

Instant Quote
Scroll to see comparisons

Best Home And Auto Insurance Bundles in Florida


Best Overall

Overall Rating
4.9

Key Statistics

9/10 Affordability
10/10 Customer Reviews
8/10 Claim Payouts
9/10 Coverage Level

Why We Like Them

State Farm excels as the premier provider of home and auto insurance in Florida, distinguished by its robust financial strength and competitive pricing. A.M. Best and S&P Global Ratings have bestowed State Farm with high ratings, emphasizing its solid financial position. This reliability assures policyholders that State Farm will meet its obligations promptly. Furthermore, State Farm offers below-average annual premiums for many drivers, making it an economical choice for Florida residents.

State Farm’s leading position is strengthened not only by its financial stability and competitive pricing but also by its wide range of coverage options and personalized customer service. Whether you’re looking for auto, home, or life insurance, or coverage for recreational vehicles such as ATVs or RVs, State Farm offers solutions tailored to diverse needs. Moreover, their localized service ensures nearby support, whether you prefer to personalize your quote online or speak with a local agent directly.

State Farm’s reputation as the best in Florida is reinforced by its strong commitment to delivering exceptional customer experiences. With an impressive rating of 838 from J.D. Power, State Farm consistently exceeds policyholder expectations, demonstrating its dedication to ensuring high levels of customer satisfaction.

It’s important to find the best home and auto bundle insurance company in Florida for your financial protection. A good insurer will offer full coverage for your key assets – your house and vehicle. By combining these policies, you can save a lot, make managing your insurance easier, and benefit from having a single point of contact.

Benefits & Drawbacks

Benefits
  • Affordable rates with package deals
  • Top-notch customer service
  • Financially strong company
Drawbacks
  • Missing gap insurance
  • Claims take a while to process
  • Limited discount options

Best Runner-Up

Overall Rating
4.8

Key Statistics

9/10 Affordability
9/10 Customer Reviews
9/10 Claim Payouts
9/10 Coverage Level

Why We Like Them

For home and auto bundle insurance in Florida, Allstate is an excellent option due to its competitive prices. Allstate offers significant savings with its bundle discounts, allowing Florida to save as much as 25% when they combine their home and auto policies.

Allstate stands out with its unique HostAdvantage home-sharing insurance, offering extra coverage for homeowners who rent out their homes. The company also rewards timely payments with their Responsible Payment Discount. Although customer satisfaction is varied, Allstate’s low prices and comprehensive coverage make it a good option for home and auto insurance bundles in Florida.

Protecting your assets by bundling home and auto insurance with a reputable company in Florida is a wise decision. It consolidates your coverage with one trusted provider, leading to significant savings, easier policy management, and efficient claims processing. A highly rated insurer provides prompt and fair claim settlements along with outstanding customer service, ensuring you have confidence and peace of mind.

Benefits & Drawbacks

Benefits
  • Competitive rates
  • Extensive coverage choices
  • Energy-efficient replacement coverage
Drawbacks
  • Mixed feedback from customers
  • Claims can take time to process
  • Dependence on local agents

Cheapest

Overall Rating
4.5

Key Statistics

10/10 Affordability
7/10 Customer Reviews
7/10 Claim Payouts
8/10 Coverage Level

Why We Like Them

In Florida, Farmers stands out as the most economical choice for bundling home and auto insurance. Its premiums are much lower than those of many other insurers, offering comprehensive coverage at a great price. Plus, Farmers’ bundling option can save customers an average of 20% on their policies, adding to its cost-effectiveness.

Beyond its affordable pricing, Farmers Insurance delivers superior coverage and significant savings. Florida can customize their policies with comprehensive options, including dwelling, personal property, liability, and additional living expenses coverage for homes, and comprehensive, collision, and liability coverage for autos. Farmers also offers numerous discounts based on policy details and location, offering multiple savings opportunities.

Choosing a reputable insurance company with low rates for bundling home and auto insurance in Florida is a smart move. This decision not only consolidates your protection under one trusted provider but also offers significant savings and simplifies policy management.

Benefits & Drawbacks

Benefits
  • Various discount opportunities
  • Wide range of coverage options for home and auto
  • Most affordable bundled premiums
Drawbacks
  • Limited online capabilities
  • Higher premiums for high-risk drivers
  • Inconsistent customer service

Best For Add-Ons

Overall Rating
4.7

Key Statistics

7/10 Affordability
9/10 Customer Reviews
8/10 Claim Payouts
9/10 Coverage Level

Why We Like Them

As a top option for bundled insurance in Florida, Nationwide excels with its extensive add-on choices. These include smart home discounts, offering substantial savings for tech-savvy homeowners. Additionally, Nationwide provides term life and pet insurance as part of its bundle options, offering more complete coverage for customers.

With Nationwide, customers get extra protection and convenience through add-ons such as home rental coverage for temporary relocations after a covered loss. Plus, bundling home and car insurance can save up to 20%, making Nationwide both comprehensive and affordable.

Basic home and auto insurance might not cover everything you need. To ensure comprehensive protection, choose a bundle with various add-ons. These enhancements allow you to adjust your policy according to your needs, providing coverage beyond standard options. Extras like roadside assistance or flood insurance can be essential in unexpected scenarios.

Benefits & Drawbacks

Benefits
  • Praised for exceptional customer support Includes more than 10 extra coverage choices Bundle discounts of 20% Online services are somewhat restricted Prices aren't the most competitive Depends on local agents
  • Includes more than 10 extra coverage choices
  • Bundle discounts of 20%
Drawbacks
  • Online services are somewhat restricted
  • Prices aren't the most competitive
  • Depends on local agents

Best For Discounts

Overall Rating
4.6

Key Statistics

9/10 Affordability
7/10 Customer Reviews
7/10 Claim Payouts
9/10 Coverage Level

Why We Like Them

Selecting GEICO for your bundled insurance needs in Florida is a great way to cut costs on home and auto coverage. The multi-policy discount GEICO provides kicks in when you bundle auto insurance with homeowners, renters, condo, or mobile home policies. Plus, GEICO offers special discounts for students, military staff, and federal employees, making it a versatile option for diverse clients.

Beyond offering significant discounts on bundled insurance, GEICO provides numerous other savings opportunities. Insuring multiple vehicles with GEICO can earn you up to a 25% discount on various car insurance coverages. Additionally, GEICO offers discounts for certain memberships, organizations, or employees, which can boost your overall savings.

The financial advantages of bundling home and auto insurance in Florida are substantial. Companies that offer a range of discounts help reduce your financial strain and show a commitment to customer satisfaction. Discounts such as multi-policy, claims-free, and loyalty can greatly lower your annual premium.

Benefits & Drawbacks

Benefits
  • Strong online features for customers
  • Competitive pricing
  • Multiple discounts on policies
Drawbacks
  • Customer service has some negative feedback
  • Unexpected rate hikes can occur
  • Limited local office locations

Cheapest Non-Bundle Combinations In Florida

Auto Insurance Company Home Insurance Provider Annual Premium
Travelers State Farm $4,340
State Farm Allstate $3,290
Allstate Travelers $3,341
State Farm Travelers $2,766
Allied Allstate $4,014
Travelers Allstate $3,730

Average Home And Auto Insurance Rates In Florida – By City

City Av. Monthly Home Insurance Rate Av. Monthly Auto Insurance Rate Av. Monthly Bundle Insurance Rate
Miami $430 $320 $500
Orlando $307 $260 $390
Tampa $303 $320 $370
Jacksonville $240 $260 $290
St. Petersburg $206 $280 $298
Fort Lauderdale $415 $300 $485
Tallahassee $210 $207 $270
Gainesville $225 $200 $275
Sarasota $212 $226 $290
Pensacola $230 $214 $280

Reasons You Should Bundle

Below you will find some common reasons why you should bundle your auto and home insurance:

Significant Savings On Premiums

You can save a lot on your premiums by bundling your home and auto insurance. Experian indicates potential savings of up to 25% when you do this. Insurers usually offer these discounts to customers who choose to purchase multiple insurance products from them.

Simplified Insurance Management

Another benefit of bundling insurance is the ease it provides. Managing various policies from different insurers can be a nuisance, involving separate bills, renewal dates, and contact points. Bundling simplifies handling your home and auto policies, cuts down on paperwork, and removes the hassle of communicating with several insurance companies.

Enhanced Customer Service Experience

One major yet frequently ignored advantage of bundling home and auto insurance is the improved customer service experience. When you bundle, you become a more valuable customer, leading to better service, faster response times, and more personalized care.

Reasons You Should Not Bundle

On the other hand, there are some reasons why you might decide not to bundle your insurance policies.

Potential For Higher Rates

While bundling home and auto insurance generally offers savings, it can occasionally result in higher rates. This is due to some companies offering good deals on auto insurance but not on home insurance. Consequently, buying both policies from the same insurer might make you spend more than you need to for one policy.

Limited Flexibility

When you bundle insurance policies, you might face limitations in coverage options and flexibility. Since every insurance company has its own strengths and weaknesses, a firm that’s great with auto insurance may not offer the best home insurance. Bundling might mean giving up on the best possible coverage for each policy from different insurers.

Risk Of Overlooking Better Deals

When you bundle your insurance, it can lead to complacency, making you overlook better deals from other insurers. Saving money with a bundle might make you less likely to shop around during renewals, potentially causing you to miss out on substantial savings or improved coverage options.

How To Bundle Home & Auto Insurance

Here are five steps to bundling your auto and home insurance easily and efficiently:

Determine Your Coverage Needs

To start bundling your home and auto insurance, you must first understand your coverage needs. Assess the value of your home and vehicle, identify the level of protection required, and consider any specific coverage based on your location or personal situation. This evaluation is critical to securing the right bundle.

1

Gather Information About Your Home And Vehicle

Once you know what coverage you need, compile all the essential information about your home and car. This means noting your home’s age and condition, its security features, the make and model of your vehicle, your driving record, and other important facts. Insurance companies will use this information to offer accurate quotes.

2

Compare Quotes From Different Insurers

After you’ve gathered all the needed details, start comparing quotes from different insurance companies. You can do this online or by reaching out to an insurance agent. It’s crucial to obtain quotes from multiple insurers to secure the best rate. While comparing, consider not only the cost but also the coverage details and any exclusions.

3

Review Each Offer Thoroughly

Once you have a few quotes, review each one in detail. Look at the specifics of the coverage, deductibles, policy limits, and any additional perks that come with the policy. Also, evaluate the company’s reputation, customer service quality, and how they handle claims.

4

Make Your Purchase

Once you’ve compared all the offers and selected the best bundle for your requirements, finalize the purchase. Be sure to read through the policy documents carefully before signing. After buying, keep your insurance paperwork in a secure place and review your policies annually to ensure they remain suitable.

5

Our Methodology

We strive for accuracy and reliability in our insurance company ratings through a comprehensive approach. This includes evaluating numerous insurers, utilizing insights from reputable review sites, and incorporating essential metrics from industry authorities such as A.M. Best and J.D. Power. My 15 years of experience as an insurance agent further enriches our analysis, ensuring our ratings are trustworthy and assist you confidently in your insurance choices.

78

Quotes Analyzed

31

Brands Reviewed

30+

Research Hours

15+

Years Of Experience

FAQs

How much can I save with bundled insurance?

By bundling your insurance policies, you can often save between 10% and 25% on each one. These savings can fluctuate depending on the insurance provider, where you live, and the specifics of your policies.

Which insurance policies can I bundle together?

A common insurance bundle is the home and auto package, which covers both your home and vehicles. Additionally, some companies offer bundles that include renters, condo, boat, motorcycle, and life insurance.

Who offers the best insurance bundle policies?

Known for its outstanding policy bundles, State Farm consistently garners excellent customer feedback and numerous industry honors.

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