Best & Cheapest Home And Auto Insurance Bundles In Virginia 2024
State Farm’s bundled home and auto insurance averages $1,942 per year for Virginia residents.
We’ve saved shoppers an average of $450 per year on their home insurance.
Combining your home and auto insurance policies under one company can lead to multi-policy discounts. While many companies provide discounts, the amounts can differ significantly. Therefore, the best way to find your cheapest rate is to shop around and compare quotes.
Because Virginia is a coastal State it is suspectible to severe weather like hurricanes or flooding. With over 15 years in insurance, I’ve guided many clients toward cost-effective coverage. Here, you’ll find comparison tables, customer insights, and my own experiences with Texas’s top bundles.
Best Home And Auto Bundle Insurance In Virginia, 2024
Compare The Best Home And Auto Bundles In Virginia
| Overall Rating | Best For | A.M. Best Rating | J.D. Power Rating | Average Bundle Cost | Get A Quote | |
|---|---|---|---|---|---|---|
| State Farm |
|
Overall |
A++ |
838 |
$2,559 |
Instant Quote |
| Allstate |
|
Runner-Up |
A+ |
809 |
$2,630 |
Instant Quote |
| Nationwide |
|
Add-On Captions |
A+ |
797 |
$6,466 |
Instant Quote |
| GEICO |
|
Discounts |
A++ |
801 |
$3,175 |
Instant Quote |
Best Home And Auto Insurance Bundles in Virginia 2024
Best Overall
Key Statistics
Why We Like Them
⇅For Virginia residents, State Farm is the leading option for home and auto insurance, valued for its strong financial position and competitive pricing. High ratings from A.M. Best and S&P Global attest to the company’s reliability in paying claims.
State Farm’s affordable rates and variety of coverage options suit diverse needs, from auto to RV insurance. Accessible local agents and an easy-to-use online quoting system make customization simple, while a high J.D. Power score underscores its customer satisfaction commitment
Benefits & Drawbacks
⇅- Competitive costs with bundled options.
- Superior customer handling
- Steadfast financial status ✓
- Gap insurance is absent
- Claims often undergo a prolonged processing procedure.
- Short-duration promotions ✘
Best Runner-Up
Key Statistics
Why We Like Them
⇅If you’re seeking to bundle home and auto insurance in Virginia, Allstate is an excellent choice, thanks to its competitive pricing. The company offers substantial savings, with discounts up to 25% when bundling policies. A unique feature is Allstate’s HostAdvantage, which offers extra coverage for homeowners who rent out their homes.
They also have a Responsible Payment Discount to reward those with a solid payment history. While customer satisfaction ratings can vary, the combination of low prices and robust coverage options makes Allstate appealing for bundled insurance. Bundling your insurance with a trusted provider simplifies management and unlocks significant savings. A highly-rated insurer guarantees prompt claim processing and top-notch customer service, ensuring peace of mind
Benefits & Drawbacks
⇅- Competitive fee structure
- A wide selection of insurance coverage options
- Insurance for sustainable replacements ✓
- Contradictory customer reviews
- It's typical for claims processing to be slow.
- Relying on agents located nearby. ✘
Best For Add-Ons
Key Statistics
Why We Like Them
⇅Nationwide is a top contender for bundle insurance in Virginia due to its extensive array of add-on options. The company offers discounts for smart home technology, which can lead to considerable savings. Nationwide also provides term life and pet insurance within its bundles, ensuring more comprehensive coverage for various life aspects.
The add-ons enhance protection and convenience, including home rental coverage that ensures you’re protected if you need to temporarily relocate due to a covered loss. Additionally, potential savings of up to 20% are available when bundling home and auto insurance, making Nationwide a cost-effective choice.
When exploring home and auto insurance, it’s crucial not to settle for basic coverage alone. Seeking a bundle with extensive add-ons allows you to customize your policy to fit your individual needs, offering protection that exceeds standard offerings. Features such as roadside assistance or flood coverage can be lifesavers in unexpected situations.
Benefits & Drawbacks
⇅- Distinguished by its exceptional customer care.
- Over ten additional coverage options
- Save more with our 20% bundle savings. ✓
- Basic online functionalities
- They aren't offering the best value for money.
- Relying heavily on local representatives ✘
Best For Discounts
Key Statistics
Why We Like Them
⇅Selecting GEICO for bundled insurance in Virginia is a smart way to maximize savings on your home and auto policies. One of the primary benefits of bundling with GEICO is the multi-policy discount that automatically applies when you combine auto insurance with homeowners, renters, condo, or mobile home coverage.
GEICO also offers discounts for students, military members, and federal employees, catering to a wide audience. In addition to the substantial discounts associated with bundling, GEICO provides various other savings opportunities. For example, insuring multiple vehicles can lead to discounts of up to 25% on most of your auto insurance coverages. Additionally, GEICO offers discounts for members of certain organizations or employees, further increasing your savings potential.
The financial advantages of bundling home and auto insurance in Virginia offer undeniable value. A company that presents a range of discounts not only reduces your financial burden but also reflects its commitment to customer satisfaction. Each discount, whether from a multi-policy arrangement, claims-free status, or loyalty incentives, can significantly lower your overall premium.
Benefits & Drawbacks
⇅- Impressive internet accessibility for consumers
- Competitive cost structure
- Several policy rebate options ✓
- Several complaints were made regarding the customer service.
- Prices could unpredictably rise.
- Scarce local office sites ✘
Cheapest Home And Auto Bundles In Virginia 2024
State farm offer the cheapest bundle at $1,942 per year.
| Company | Annual Premium |
| Allstate | $3,669 |
| State Farm | $1,942 |
| Travelers | $5,748 |
| Nationwide | $2,388 |
| Virginia Farm Bureau | $2,207 |
The Cheapest Non-Bundle Combinations In Virginia
Combining Travelers auto insurance policy with State Farm home insurance policy in Virginia results in an overall annual premium of $2,019. This combination offers a cost-effective solution for those seeking separate policies for their auto and home insurance needs.
| Auto Insurance Company | Home Insurance Provider | Annual Premium |
| Travelers | State Farm | $2,019 |
| MetLife | Nationwide | $2,092 |
| Metropolitan | Nationwide | $2,094 |
| Allstate | State Farm | $2,095 |
| State Farm | Nationwide | $1,652 |
| Travelers | Nationwide | $1,756 |
| Allstate | Nationwide | $1,834 |
| Nationwide | State Farm | $1,927 |
Biggest Home And Auto Bundle Discounts In Virginia
The biggest bundle discounts can be found with State farm, at around 27%. On the other hand, Virginia Farm Bureau provide the lowest discount of 18%.
| Company | Discount |
| Nationwide | 19% |
| Allstate | 23% |
| State Farm | 27% |
| Virginia Farm Bureau | 18% |
Reasons You Should Bundle Your Insurance In Virginia
There are many reasons to bundle your insurance policies. Here are some of the key advantages
Notable Savings On Premiums
Combining your home and auto insurance can lead to significant savings on premiums. Experian states that you could save up to 25% by bundling, as insurers frequently offer discounts to customers who hold multiple policies with them.
Convenient Management Of Insurance
Another benefit of bundling is the convenience it provides. Managing various policies from different insurers can be tedious, with multiple bills and renewal dates to track. Bundling simplifies this, reducing paperwork and making it easier to manage your home and auto insurance.
Improved Customer Service Experience
A key yet often overlooked advantage of bundling is the enhanced customer service experience. When you bundle, you become a more important customer to your insurer, which can lead to smoother service when you need to file a claim or seek assistance.
Reasons Not To Bundle Your Insurance In Virginia
Bundling insurance isn’t always the best strategy. Here are some factors to consider
Higher Rates Possible
Despite potential savings, bundling home and auto insurance may lead to increased costs in some cases. A provider could offer great rates for auto coverage but not for home coverage, resulting in higher payments when bundled.
Limited Coverage Flexibility
When you bundle your policies, you might find that your options for coverage are limited. Different home insurance companies have unique strengths, and by bundling, you could miss out on the best coverage.
Risk Of Overlooking Better Deals
Bundling can sometimes lead to complacency, causing you to overlook better offers from other insurers. If you’re happy with your bundled policy, you may not feel the need to shop around at renewal time, potentially missing out on better rates or coverage.
How To Bundle Home & Auto Insurance In Virginia
Learn how to consolidate your car and home insurance with ease through these steps.
Determine Your Coverage Needs
Begin bundling your home and auto insurance by identifying your coverage needs. Evaluate your home and car’s value, the protection level you require, and any specific coverage necessities based on your location or personal situation. This initial assessment is vital for securing a bundle that offers proper protection.
Gather Information About Your Home And Vehicle
Once you’ve assessed your coverage needs, the next step is to gather relevant details about your vehicle and home. This should encompass the age and condition of your property, any security measures in place, your car’s make and model, and your driving record, among other pertinent factors. Insurers will use this information to provide precise quotes.
Compare Quotes From Different Insurers
Once you’ve collected all the necessary information, it’s time to look for quotes from different insurance companies. You can do this either online or by contacting an agent. It’s essential to get quotes from multiple insurers to ensure you secure the best deal. When making comparisons, keep an eye on both the pricing and the specifics of the coverage, including any exclusions.
Review Each Offer Thoroughly
Once you have a range of quotes, take the time to evaluate each offer in detail. Pay attention to the specifics of the coverage, deductibles, policy limits, and any additional perks included in the bundle. Also, take into account the insurer’s reputation, customer service ratings, and claims handling process.
Make Your Purchase
Once you have assessed all the offers and chosen the best bundle for your needs, it’s time to make the purchase. Make sure to thoroughly read the policy documents before you sign anything. After the purchase, keep your insurance documents safe, and don’t forget to review your policies each year to ensure they still fit your requirements.
Average Home And Auto Insurance Rates In Virginia By City
| City | Avg. Monthly Home Insurance Rate | Avg. Monthly Auto Insurance Rate | Avg. Monthly Rate Of Bundled Policies |
| Richmond | $88 | $185 | $269 |
| Woodbridge | $85 | $180 | $260 |
| Arlington | $92 | $150 | $240 |
| Fredericksburg | $98 | $152 | $248 |
Most Expensive ZIP Codes For Auto And Home Insurance Bundles In Virginia
23459 is the most expensive ZIP code home home and auto bundles in Virginia, at an average rate of $4,682 per year.
| ZIP Code | Average Annual Premium |
| 23459 | $4,682 |
| 23457 | $4,393 |
| 23503 | $3,978 |
| 23460 | $3,952 |
| 23511 | $4,138 |
Cheapest ZIP Codes For Auto And Home Insurance Bundles In Virginia
22802 is the cheapest ZIP code for home and auto insurance bundles in Virginia, at $2,469 per year.
| ZIP Code | Average Annual Premium |
| 22802 | $2,469 |
| 24422 | $2,683 |
| 22201 | $2,614 |
| 22807 | $2,499 |
| 24416 | $2,674 |
Our Methodology
To ensure our ratings of insurance companies are accurate and reliable, we implement a comprehensive methodology. We assess numerous insurance providers, leveraging insights from established review platforms. We also consider important metrics from trusted industry sources such as A.M. Best and J.D. Power. My 15 years of experience as an insurance agent further enriches our evaluations with practical insights. This meticulous process ensures our ratings are well-informed and dependable, aiding you in your insurance choices.
Quotes Analyzed
Brands Reviewed
Research Hours
Years Of Experience
FAQs
How much can I save with bundled insurance?
By combining your insurance policies, you could see substantial savings, often between 10% and 25% off each policy. However, the actual savings can fluctuate widely depending on the provider, your location, and the individual details of your policies.
Which insurance policies can I bundle together?
A widely recognized bundle is the home and auto insurance package, which ensures comprehensive coverage for your home and vehicles. However, some insurers will also bundle other policies, such as renters, condo, boat, motorcycle, and life insurance.
Who offers the best insurance bundle policies?
Known for its outstanding policy bundles, State Farm regularly garners high customer ratings and accolades from industry leaders.
