Top Car Insurance Companies That Bundle Renters and Auto (2024)
Car insurance companies that bundle renters and auto provide discounts to customers that bundle coverage. Comparing home and auto insurance companies shows that Erie has the lowest rates, but Liberty Mutual has the highest percentage of savings. Knowing about affordable car insurance companies that bundle renters and auto will help you find the best fit for your needs.
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Jeff Root
Licensed Insurance Agent
Jeff is a well-known speaker and expert in life insurance and financial planning. He has spoken at top insurance conferences around the U.S., including the InsuranceNewsNet Super Conference, the 8% Nation Insurance Wealth Conference, and the Digital Life Insurance Agent Mastermind. He has been featured and quoted in Nerdwallet, Bloomberg, Forbes, U.S. News & Money, USA Today, and other leading...
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UPDATED: Jan 12, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider. Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance related. We update our site regularly, and all content is reviewed by life insurance experts.
UPDATED: Jan 12, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider. Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- Erie has the lowest rates for bundling renters and auto
- Most insurance companies offer discounts for bundling coverage
- Customers should cancel their coverage 30 days before switching companies
Auto insurance rates are among the top 10 insurance complaints.
Bundling renters and auto will help you save, with Erie offering the lowest bundled rates. Discovering more about car insurance companies that bundle renters and auto will help you find the right company.
Before learning about car insurance companies that bundle renters and auto, enter your ZIP code to find free auto insurance rates in our area.
What are the rates from car insurance companies that bundle renters and auto?
Comparing affordable car insurance companies that bundle renters and auto will help you find the most cost-effective option.
The following chart shows the six-month rates for renters and auto bundles based on the company and the percent saved.
Shopping For Renters Insurance: Monthly Rates From Providers That Bundle Renters and Auto
Company | Bundled Rates | A.M. Best |
---|---|---|
American Family | $104 | A |
Erie | $69 | A+ |
Farmers | $127 | A |
Geico | $98 | A++ |
Liberty Mutual | $131 | A |
Nationwide | $111 | A- |
Progressive | $127 | A+ |
State Farm | $101 | A++ |
USAA | $90 | A++ |
As you can see, Erie has the lowest car insurance companies’ rates that bundle renters and auto.
Renters insurance is for those renting a property. If you own the property, you can save by completing a home and auto insurance bundle comparison.
Read more: Best Home and Auto Insurance Bundles
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How can you obtain coverage from car insurance companies that bundle renters and auto?
Most people use separate companies for renters and auto insurance. However, most home and auto insurance companies offer discounts for bundling multiple insurance policies.
In addition to renters and auto insurance, other types of insurance bundles include:
- Auto and homeowners
- Motorcycle and renters
- Auto, home, and life
- Multi-car
- Boat and auto
Read more: Types of Auto Insurance Companies
According to the the Insurance Information Institute, there are several things to consider when choosing an insurance company.
If price is the differentiating factor, you should ask how much is car insurance and how much is renters insurance?
If you determine that you’ll save with the best renters and auto insurance bundle, your first step is to move your policies to the same company, requiring you to cancel at least one plan.
Give your current company 30 days’ written notice before canceling to avoid any billing issues.
Many insurance companies allow you to set the date your coverage will expire. If possible, that date should be when your new plan begins to avoid any gaps in coverage.
That means you’ll need to start looking at quotes well before you switch companies.
While most companies allow you to bundle coverages, you might find you’re using one of the few car insurance companies that don’t bundle renters and auto.
Read More: Top Ten Insurance Companies in the United States
In this case, you’ll need to find a new company that will allow you to bundle these coverages.
When looking for car insurance companies’ quotes that bundle renters and auto, make sure to compare individual quotes as well to make sure you’re getting the best price.
The following are some tips when searching for quotes:
- Know your coverage: Examine your current coverage to ensure you’re getting quotes for the same policy.
- Get quotes: Compare your current rates with several other companies and obtain prices for individual and bundled coverages.
- Ask about discounts and deductibles: Ask about discounts to discover the most savings. A company might offer a single deductible when multiple insured possessions are damaged in an incident. (For more information, read our “Why do insurance companies have deductibles?“).
- Shop annually: Rates can change over time, so compare rates every year to ensure you’re still getting the best deal.
These tips will also allow you to determine if you should bundle additional insurance policies or keep some with a different provider.
When should you bundle coverage from car insurance companies that bundle renters and auto?
Now that you know the rates and how to bundle renters and auto insurance, you need to determine if this is the right choice. The following are some of the situations in which you should consider a renters and auto insurance bundle.
Bundle Renters and Auto If You Can Save More Bundling Than With Separate Policies
In most cases, you’ll save more by bundling than you would if you were to hold separate policies. When bundling allows you to save more than the lowest individual rate, you should bundle your insurance plans.
Bundle Renters and Auto If You’d Rather Manage One Invoice For All of Your Insurance Payments
Bundling coverages allows you to manage one invoice for multiple insurance plans. You can make one single payment to cover all of your insurance policies instead of managing multiple payments.
There are multiple situations in which building coverage is the best option. However, sometimes it’s better to avoid bundling and keep individual coverage.
The following are some of the circumstances in which you should avoid bundling renters and auto insurance.
Avoid Bundling Renters and Auto If Coverage Is More Expensive
As previously mentioned, you’ll usually experience cheaper rates by bundling. However, you might find individual rates that are lower than the savings you receive by bundling.
In this case, you should hold your policy as you’ll end up paying less overall.
Read more: Why are some car insurance companies cheaper than others?
Avoid Bundling Renters and Auto If It Results in Less Coverage
While you might save money when bundling renter and auto insurance, you might unknowingly sign up for less coverage. This could cost you more money if you need to file a claim.
Car Insurance Companies That Bundle Renters and Auto: The Bottom Line
Bundling renters and auto insurance usually result in cheaper coverage than individual policies. When bundling, Erie provides the lowest average rates.
Understanding car insurance companies that bundle renters and auto help you find the best option.
Now that you know about the car insurance companies that bundle renters and auto, enter your ZIP code to get free auto insurance quotes in your area.
Compare Quotes From Top Companies and Save
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Jeff Root
Licensed Insurance Agent
Jeff is a well-known speaker and expert in life insurance and financial planning. He has spoken at top insurance conferences around the U.S., including the InsuranceNewsNet Super Conference, the 8% Nation Insurance Wealth Conference, and the Digital Life Insurance Agent Mastermind. He has been featured and quoted in Nerdwallet, Bloomberg, Forbes, U.S. News & Money, USA Today, and other leading...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance related. We update our site regularly, and all content is reviewed by life insurance experts.