Best Home And Auto Insurance Bundles In Illinois 2024
We’ve saved shoppers an average of $450 per year on their home insurance.
Are you in Illinois and searching for affordable home and auto insurance bundles? Look no further. With my 15 years of experience as an insurance agent, I’ve assisted numerous clients in securing affordable and comprehensive coverage.
Not having proper insurance can lead to significant consequences. Imagine returning home to a flooded house or being in a car accident and finding out your insurance doesn’t cover the damage. Worse still, imagine paying high premiums for years, only to realize you could have gotten similar coverage for much less. These aren’t just made-up scenarios—I’ve witnessed them firsthand, and it’s a situation you’ll want to avoid.
This guide aims to provide you with the knowledge to avoid these pitfalls. We’ll explore comparison charts, customer feedback, and my own experiences to give you a comprehensive view of the most affordable and top-rated home and auto bundle companies in Illinois. By the end of this guide, you’ll be empowered to make a well-informed decision that ensures both your home and vehicle are adequately protected without unnecessary costs.
Best Home And Auto Bundle Insurance In Illinois, 2024
Compare The Best Home And Auto Bundles In Illinois
Overall Rating | Best For | A.M. Best Rating | J.D. Power Rating | Average Bundle Cost | Get A Quote | |
---|---|---|---|---|---|---|
State Farm |
|
Overall |
A++ |
838 |
$2,280 |
Instant Quote |
Allstate |
|
Runner-Up |
A+ |
809 |
$2,120 |
Instant Quote |
Farmers |
|
Cheapest |
A |
813 |
$2,570 |
Instant Quote |
Nationwide |
|
Add-On Captions |
A+ |
797 |
$2,664 |
Instant Quote |
GEICO |
|
Discounts |
A++ |
801 |
$2,602 |
Instant Quote |
Best Home And Auto Insurance Bundles in Illinois
Best Overall
Key Statistics
Why We Like Them
⇅State Farm is recognized as the leading company for home and auto insurance in Illinois, known for its exceptional financial stability and competitive rates. A.M. Best and S&P Global Ratings have given State Farm high ratings, underscoring its solid financial health. This reliability ensures that State Farm will promptly meet its policy obligations. Furthermore, State Farm provides annual premiums that are cheaper than average for many drivers, making it a financially advantageous option for Illinois residents.
Beyond its financial stability and affordability, State Farm distinguishes itself with a broad range of coverage options and personalized service, solidifying its leading position. Whether you need car, homeowners, or life insurance, or coverage for vehicles like ATVs or RVs, State Farm offers solutions that meet diverse needs. Moreover, their localized service guarantees nearby assistance, allowing you to personalize your insurance quote online or connect with a nearby agent.
State Farm’s position as the top choice in Illinois is supported by its strong commitment to providing exceptional customer experiences. Earning an impressive rating of 838 from J.D. Power, State Farm consistently exceeds policyholder expectations, showcasing its dedication to maintaining superior customer satisfaction.
It’s crucial to find the best home and auto insurance bundle in Illinois for your financial safety. The right company offers thorough coverage for your home and vehicle, your key assets. Bundling these policies can save you money, make insurance management easier, and provide the convenience of a single insurer.
Benefits & Drawbacks
⇅- Reasonable prices with bundles
- Excellent customer support
- Strong financial backing ✓
- No gap insurance included
- Claims can take time to resolve
- Few discount options ✘
Best Runner-Up
Key Statistics
Why We Like Them
⇅Allstate is an excellent choice for bundling home and auto insurance in Illinois, mainly because of its competitive rates. The company provides substantial savings opportunities through its bundle discounts, allowing Iowa residents to save up to 25% when they combine their home and auto policies.
Allstate’s unique HostAdvantage home-sharing insurance provides extra protection for homeowners who rent out their homes. Additionally, they offer a Responsible Payment Discount for customers with a good payment history. While customer satisfaction ratings are mixed, Allstate’s affordable rates and comprehensive coverage make it an attractive option for bundling home and auto insurance in Illinois.
Bundling home and auto insurance with a reputable company in Illinois is a strategic way to protect your assets. This decision not only puts all your coverage under one trusted provider but also offers significant savings, simpler policy management, and seamless claims processing. A highly rated insurer provides prompt and fair claim settlements along with outstanding customer support, giving you peace of mind.
Benefits & Drawbacks
⇅- Competitive rates
- Diverse range of coverage options
- Energy-efficient replacement coverage ✓
- Mixed customer reviews
- Slow claims processing
- Dependence on local agents ✘
Cheapest
Key Statistics
Why We Like Them
⇅Farmers is the top choice for affordable home and auto insurance bundling in Illinois. With premiums that are significantly lower than many other companies, it offers comprehensive coverage at an excellent price. Additionally, Farmers’ bundling option can save customers an average of 20% on their policies, increasing its affordability.
Besides competitive pricing, Farmers Insurance offers superior coverage and ample savings opportunities. Iowa residents can customize their policies with options such as dwelling, personal property, liability, and additional living expenses coverage for homes, along with comprehensive, collision, and liability coverage for autos. Farmers also provides various discounts based on policy and location, giving customers multiple ways to save.
Securing your assets with a reliable insurance company offering low rates for home and auto insurance bundles in Illinois is a strategic choice. This approach not only consolidates your protection with one provider but also unlocks significant savings and eases policy management.
Benefits & Drawbacks
⇅- Multiple discount options
- Comprehensive home and auto coverage
- Most affordable bundle premiums ✓
- Customer service may be unreliable
- Limited online features
- Higher costs for high-risk drivers ✘
Best For Add-Ons
Key Statistics
Why We Like Them
⇅Nationwide excels as a top option for bundled insurance in Illinois, thanks to its extensive range of add-ons. This includes smart home discounts, which can offer significant savings for homeowners with smart technology. Additionally, Nationwide offers term life and pet insurance as part of its bundles, providing broad coverage.
With Nationwide, add-ons provide added protection and convenience, including home rental coverage for temporary relocations due to covered losses. Moreover, bundling home and car insurance can save up to 20%, making Nationwide both comprehensive and affordable.
Settling for only basic home and auto insurance may leave you underinsured. It’s important to choose a bundle with a range of add-ons to ensure you’re fully covered. These additional features allow you to tailor your policy to your specific needs, offering more extensive protection. Add-ons like roadside assistance or flood coverage can be essential when unexpected issues arise.
Benefits & Drawbacks
⇅- Praised for superior customer service
- Provides over 10 optional coverage add-ons
- 20% savings with bundles ✓
- Online capabilities are limited
- Not the most competitive pricing
- Dependent on local agents ✘
Best For Discounts
Key Statistics
Why We Like Them
⇅Choosing GEICO for your bundled insurance needs in Illinois allows you to save on home and auto coverage. With GEICO’s multi-policy discount, you get automatic savings when you combine auto insurance with homeowners, renters, condo, or mobile home policies. Additionally, GEICO offers special discounts for students, military members, and federal employees, catering to a wide range of clients.
GEICO not only provides generous discounts on bundled insurance but also offers several other ways to save. Insuring multiple cars with GEICO can result in up to a 25% discount on many of your auto insurance coverages. Additionally, you can benefit from discounts related to memberships, organizations, or employment, increasing your potential savings.
The savings from bundling home and auto insurance in Illinois are substantial. Companies offering numerous discounts help lessen your financial strain and show a dedication to customer satisfaction. Discounts like multi-policy, claims-free, and loyalty can result in a significant reduction in your annual premium.
Benefits & Drawbacks
⇅- Great online support for clients
- Competitive pricing
- Numerous policy discounts ✓
- Customer service has some reported concerns
- Unexpected increases in pricing can occur
- Fewer local offices to visit ✘
The Cheapest Non-Bundle Combinations In Illinois
Auto Insurance Company | Home Insurance Provider | Annual Premium |
Nationwide | Farmers | $2,890 |
Farmers | Nationwide | $2,917 |
Nationwide | Travelers | $2,939 |
State Farm | Travelers | $2,390 |
State Farm | Nationwide | $2,448 |
Allstate | Nationwide | $2,733 |
Travelers | Metropolitan | $2,790 |
Farmers | Travelers | $2,860 |
Nationwide | Allstate | $2,680 |
Allstate | Travelers | $2,675 |
Allstate | Metropolitan | $2,947 |
Travelers | State Farm | $3,040 |
Allstate | State Farm | $3,196 |
Farmers | Allstate | $2,598 |
Allstate | Farmers | $2,629 |
State Farm | Metropolitan | $2,660 |
Nationwide | State Farm | $3,455 |
State Farm | Allstate | $2,128 |
Travelers | Allstate | $2,259 |
Farmers | State Farm | $3,373 |
State Farm | Farmers | $2,340 |
Average Home And Auto Insurance Rates In Illinois – By City
City | Avg. Monthly Home Insurance Rate | Avg. Monthly Auto Insurance Rate | Avg. Monthly Rate Of Bundled Policies |
Chicago | $200 | $208 | $283 |
Aurora | $179 | $180 | $217 |
Naperville | $163 | $176 | $217 |
Rockford | $165 | $182 | $210 |
Joliet | $169 | $176 | $227 |
Springfield | $171 | $183 | $232 |
Peoria | $173 | $198 | $252 |
Elgin | $157 | $142 | $208 |
Waukegan | $159 | $168 | $204 |
Champaign | $153 | $163 | $192 |
Reasons You Should Bundle
Significant Savings On Premiums
Bundling home and auto insurance can lead to significant premium reductions. According to Experian, you could save up to 25% by doing so. Insurers usually provide discounts to customers who purchase several types of insurance from them.
Simplified Insurance Management
The convenience that comes with bundling insurance is another advantage. Dealing with separate policies from various insurers involves multiple bills, renewal dates, and contacts, which can be a hassle. Bundling your home and auto insurance simplifies management, cuts down on paperwork, and eliminates the inconvenience of dealing with multiple companies.
Enhanced Customer Service Experience
One often unnoticed but significant benefit of bundling your home and auto insurance is the enhanced customer service. When you bundle your policies, you become a more valued customer, often leading to better service, faster response times, and more personalized care.
Reasons You Should Not Bundle
Potential For Higher Rates
Although bundling is typically economical, it can sometimes result in higher premiums. This occurs because one insurer might have good rates for auto insurance but not for home insurance. Consequently, buying both policies together could mean overpaying for one of them.
Limited Flexibility
Bundling insurance policies can reduce your coverage options and flexibility. Each insurance company has specific strengths and weaknesses, and a company good at auto insurance may not excel in home insurance. By bundling, you might lose the opportunity to get the best coverage for each policy from various insurers.
Risk Of Overlooking Better Deals
Bundling insurance policies can lead to complacency, making you overlook better offers from other insurers. Saving money with a bundle might discourage you from shopping around at renewal time, which could mean missing out on significant savings or superior coverage options from other providers.
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 bundle your home and auto insurance, start by understanding your coverage needs. Assess the value of your home and car, decide on the necessary protection level, and consider specific coverage requirements based on your location or personal circumstances. This evaluation ensures you get the right protection.
Gather Information About Your Home And Vehicle
Once you’ve figured out your insurance needs, compile all the required details about your home and vehicle. This should encompass the age and condition of your home, any security features, the make and model of your car, your driving history, and other significant information. Insurance companies will use this data to offer precise quotes.
Compare Quotes From Different Insurers
With all your information gathered, start seeking quotes from a variety of insurance companies. You can either use online services or speak directly with an insurance agent. Make sure to get quotes from multiple insurers to get the best deal. Compare the prices and the coverage details, including any exclusions, to make an informed choice.
Review Each Offer Thoroughly
Once you have several quotes, carefully review them. Look at the details of coverage, deductibles, policy limits, and any additional benefits. Also, take into account the company’s reputation, their customer service history, and how they manage claims.
Make Your Purchase
After reviewing all the offers and selecting the bundle that suits you best, complete the purchase. Ensure you read through the policy documents carefully before signing. Once the purchase is made, keep your insurance paperwork secure and review your policies each year to ensure they continue to meet your needs.
Our Methodology
Our commitment to delivering accurate and reliable insurance company ratings is supported by a thorough methodology. We review multiple insurers, drawing insights from reputable review sites and key metrics from industry leaders like A.M. Best and J.D. Power. Additionally, my 15 years of experience as an insurance agent enriches our analysis, ensuring our ratings are informed and trustworthy, guiding you confidently in your insurance decisions.
Quotes Analyzed
Brands Reviewed
Research Hours
Years Of Experience
FAQs
How much can I save with bundled insurance?
Bundling insurance policies usually results in significant savings, often ranging from 10% to 25% off each policy. The savings amount can differ based on your insurer, location, and the details of your policies.
Which insurance policies can I bundle together?
The usual insurance bundle features home and auto coverage, which provides extensive protection for your home and cars. Some providers, however, offer additional bundles that include renters, condo, boat, motorcycle, and life insurance.
Who offers the best insurance bundle policies?
State Farm stands out for its superior insurance bundles, regularly earning top customer ratings and industry recognition.
Sources
⇅