Car And Home Insurance Bundles In New York

From my experience as a licensed insurance agent, with bundled home and auto insurance from different companies, I’ve found State Farm to be the best overall.

We’ve saved shoppers an average of $450 per year on their home insurance.

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Written by Bob Phillips
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Searching for affordable home and auto insurance bundles in New York? You’ve landed in the perfect spot. With more than 15 years as an insurance agent, I’ve guided numerous clients to find the best coverage at competitive rates.

In this guide, I’ll provide the knowledge you need to avoid these pitfalls. We’ll explore comparison charts, customer reviews, and my own experiences to give you a comprehensive view of the best and most cost-effective home and auto bundle companies in New York.

By the end of this guide, you’ll have the information to make a well-informed decision that protects your home and vehicle without overpaying.

Best Car And Home Insurance Bundle In New York, 2024

state-farm-icon-logo-red
Best Overall - State Farm
allstateicon-logo
Best Runner-Up - Allstate
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Cheapest - Farmers
Best Bundle Insurance, New York, 2024

Compare The Best Home And Auto Bundles In New York

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

$4,970

Instant Quote
Allstate
4.8

Runner-Up

A+

809

$3,942

Instant Quote
Farmers
4.5

Cheapest

A

813

$3,822

Instant Quote
Nationwide
4.7

Add-On Captions

A+

797

$5,160

Instant Quote
GEICO
4.6

Discounts

A++

801

$3,595

Instant Quote
Scroll to see comparisons

Car And Home Insurance Bundles in New York


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

In New York, State Farm stands out as the top company for home and auto insurance, thanks to its strong financial stability and competitive pricing. State Farm has received high ratings from both A.M. Best and S&P Global Ratings, indicating its solid financial condition. This strength ensures that State Farm policyholders can depend on the company to meet their obligations promptly. Furthermore, State Farm provides annual premiums that are cheaper than average for many drivers, making it a financially advantageous option for New Yorkers.

State Farm maintains its top position not only through financial stability and competitive pricing but also by offering a wide range of coverage options and personalized service. Whether you require auto, homeowners, or life insurance, or coverage for recreational vehicles such as ATVs or RVs, State Farm provides customized solutions. Additionally, their community-focused approach ensures local support, whether you prefer to personalize your quote online or speak with a nearby agent.

State Farm’s commitment to delivering exceptional customer experiences contributes significantly to its reputation as the best in New York. Earning a noteworthy rating of 838 from J.D. Power demonstrates State Farm’s consistent ability to exceed policyholder expectations and prioritize customer satisfaction.

It’s essential to find the best home and auto bundle insurance company in New York to secure your finances. The right insurer offers full coverage to protect your key assets – your home and car. Bundling these policies can lead to considerable savings, streamlined insurance management, and the convenience of a single provider.

Benefits & Drawbacks

Benefits
  • Competitive rates for bundling
  • Exceptional customer care
  • Financially secure
Drawbacks
  • Gap insurance not provided
  • Lengthy claims process
  • Few discount offerings

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 New York, Farmers is the most budget-friendly option for bundling home and auto insurance. Its premiums are much lower than those of many competitors, providing comprehensive coverage without stretching your budget. Additionally, Farmers’ bundling option saves customers an average of 20% on their policies, making it even more affordable.

Beyond competitive pricing, Farmers Insurance offers superior coverage and substantial savings opportunities. New Yorkers can customize their policies with a range of options including dwelling, personal property, liability, and additional living expenses coverage for homes, along with comprehensive, collision, and liability coverage for vehicles. Farmers also provides many discounts based on policy and location, allowing customers to save in multiple ways.

Securing your assets with a reliable insurance company that has low rates for home and auto insurance bundles in New York is a wise choice. This strategy not only consolidates your protection under one provider but also offers significant savings and simplifies managing your policies.

Benefits & Drawbacks

Benefits
  • Multiple discounts available
  • Wide selection of coverage options for home and auto
  • Lowest bundle premiums
Drawbacks
  • Unreliable customer service
  • Limited online features
  • Higher costs for high-risk drivers

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

In New York, Allstate is a top choice for bundling home and auto insurance due to its competitive rates. Allstate provides notable savings opportunities through its bundle discounts, allowing New Yorkers to save up to 25% when they bundle their home and auto policies.

Allstate’s distinctive HostAdvantage home-sharing insurance provides additional coverage for homeowners who rent out their homes. Moreover, they offer a Responsible Payment Discount for customers with a good payment history. While customer satisfaction is mixed, Allstate’s low prices and excellent coverage options make it a compelling choice for home and auto bundle insurance in New York.

Opting to bundle home and auto insurance with a reputable company in New York is a wise decision to secure your assets. This approach not only combines your coverage under one trusted provider but also offers substantial savings, simplified policy management, and seamless claims service. A top-rated insurer guarantees quick and fair claim settlements, coupled with excellent customer support, giving you confidence and peace of mind.

Benefits & Drawbacks

Benefits
  • Competitive prices
  • Wide selection of coverage options
  • Coverage for energy-efficient replacements
Drawbacks
  • Varied customer reviews
  • Slow claims process
  • Dependent on local agents

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 leading option for bundle insurance in New York, Nationwide shines with its wide range of add-ons. These include smart home discounts, providing substantial savings for homeowners with smart home technology. Additionally, Nationwide offers term life and pet insurance as part of its bundles, offering comprehensive coverage.

With Nationwide, add-ons provide extra protection and convenience, such as home rental coverage for temporary relocations due to covered losses. Additionally, bundling home and car insurance can save up to 20%, making Nationwide both comprehensive and economical.

Relying solely on basic coverage for home and auto insurance isn’t always sufficient. Opt for a bundle that includes various add-ons to enhance your protection. These extra features allow you to tailor your policy to your specific needs, offering more than just the basics. Extras like roadside help or flood insurance can be crucial in unforeseen circumstances.

Benefits & Drawbacks

Benefits
  • Known for top-notch customer service
  • More than 10 optional coverage additions
  • Save 20% when bundling
Drawbacks
  • Online features are somewhat restricted
  • Prices aren't the most competitive
  • Depends on local agents for assistance

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

If you choose GEICO for bundled insurance in New York, you can save significantly on your home and auto coverage. The multi-policy discount from GEICO applies automatically when you bundle auto insurance with homeowners, renters, condo, or mobile home insurance. GEICO also offers discounts to students, military members, and federal employees, making it a versatile option for a broad customer base.

GEICO offers more than just large discounts on bundled insurance; it also has various other saving opportunities. Insuring several cars with GEICO can lead to discounts of up to 25% on most of your auto coverage. Additionally, you can benefit from discounts linked to memberships, organizations, or employee status, further enhancing your savings.

Bundling home and auto insurance in New York offers notable financial advantages. Companies that provide a variety of discounts help alleviate your financial burden and showcase their commitment to customer satisfaction. Discounts such as multi-policy, claims-free, and loyalty can greatly cut down your annual premium.

Benefits & Drawbacks

Benefits
  • Great online tools for customers
  • Competitive rates
  • Wide range of policy discounts
Drawbacks
  • Occasional dissatisfaction reported with customer service
  • Unexpected price increases can happen
  • Limited number of local offices

The Cheapest Non-Bundle Combinations In New York

Auto Insurance Company Home Insurance Provider Annual Premium
Allstate Travelers $4,343
Nationwide State Farm $5,270
State Farm Travelers $5,838
Nationwide Travelers $5,892
State Farm Allstate $6,039
Nationwide Allstate $6,087
Travelers State Farm $6,126
Travelers Allstate $6,944
Allstate State Farm $3,708
Allstate Nationwide $3,909
State Farm Nationwide $5,427

Average Home And Auto Insurance Rates In New York By City

City Avg. Monthly Home Insurance Rate Avg. Monthly Auto Insurance Rate Avg. Monthly Rate Of Bundled Policies
New York City $166 $310 $332
Buffalo $96 $180 $230
Rochester $86 $127 $216
Yonkers $122 $231 $260
Syracuse $91 $135 $222
Albany $104 $137 $235
New Rochelle $125 $201 $278
Mount Vernon $129 $270 $280
Schenectady $96 $131 $220
Utica $98 $138 $204

Reasons You Should Bundle Your Insurance

Significant Savings On Premiums

When you bundle your home and auto insurance, you can enjoy significant premium savings. Experian reports that you might save up to 25% by doing so. Insurance companies usually offer discounts to customers who purchase multiple policies from the same provider.

Simplified Insurance Management

Another upside to bundling insurance is the convenience it brings. Managing multiple policies from different insurers means handling separate bills, renewal dates, and contacts, which can be cumbersome. Bundling makes it easier to manage your home and auto policies, reduces paperwork, and avoids the hassle of dealing with multiple insurers.

Enhanced Customer Service Experience

Bundling your home and auto insurance offers an often overlooked but significant advantage: superior customer service. When you bundle your policies, you become a more valuable customer, which typically results in better attention to your needs, quicker responses, and more personalized service.

Reasons You Should Not Bundle Your Car And Home Insurance

Potential For Higher Rates

Although bundling can save money, it might sometimes lead to higher costs. This occurs because a company that offers low auto insurance rates might not provide affordable home insurance rates. As a result, buying both policies from one insurer could mean paying too much for one of them.

Limited Flexibility

By bundling your insurance policies, you may limit your coverage options and flexibility. Each insurance provider has its own set of strengths and weaknesses – a company strong in auto insurance might not perform as well in home insurance. Bundling could mean sacrificing the opportunity to get the best coverage for each policy from different companies.

Risk Of Overlooking Better Deals

Bundling can sometimes cause complacency, leading you to overlook better offers from other insurers. When a bundle saves you money, you might not feel the need to shop around at renewal time, which could mean missing out on significant savings or improved 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 begin bundling your home and auto insurance, first, understand your coverage needs. Assess your home’s and car’s value, determine the protection level required, and consider specific coverage needs based on your location or personal situation. This initial step is crucial for adequate protection.

1

Gather Information About Your Home And Vehicle

After determining your insurance needs, gather detailed information about your home and car. Include details like the age and condition of your house, the security features it has, the make and model of your vehicle, your driving history, and any other relevant facts. Insurance providers will use this information to offer accurate quotes.

2

Compare Quotes From Different Insurers

After collecting all the relevant information, begin requesting quotes from different insurance companies. You can either do this online or contact an insurance agent. To get the best deal, it’s essential to compare quotes from multiple insurers. Pay attention to the price as well as the coverage details and any exclusions when comparing.

3

Review Each Offer Thoroughly

Once you have a range of quotes, review each offer carefully. Look at the details of the coverage, deductibles, policy limits, and any extra benefits that come with the policy. Also, check the company’s reputation, their customer service record, and their claims handling process.

4

Make Your Purchase

After you’ve examined all the offers and chosen the best bundle for your needs, go ahead and make the purchase. Carefully review the policy documents before signing. After you’ve completed the purchase, keep all your insurance paperwork in a secure place and remember to review your policies annually to ensure they continue to meet your needs.

5

Our Methodology

To provide the most precise and reliable insurance company ratings, we employ a thorough methodology. We review numerous insurers, utilizing insights from respected review sites and critical metrics from industry leaders such as A.M. Best and J.D. Power. Additionally, my 15 years of experience as an insurance agent enhances our analysis, ensuring our ratings are trustworthy and assist you confidently in your insurance decisions.

82

Quotes Analyzed

36

Brands Reviewed

30+

Research Hours

15+

Years Of Experience

FAQs

How much can I save with bundled insurance?

When you bundle your insurance, you might save between 10% and 25% on each policy. These savings are influenced by your insurance provider, your location, and the details of your policies.

Which insurance policies can I bundle together?

The home and auto insurance bundle is the most popular choice, providing thorough coverage for your house and vehicles. Nonetheless, some insurers bundle additional policies like renters, condo, boat, motorcycle, and life insurance.

Who offers the best insurance bundle policies?

State Farm is distinguished as a premier provider of insurance bundles, noted for its excellent customer ratings and industry awards.

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