Combining home and auto insurance is a simple way to reduce insurance rates on both coverages. If you get home and car insurance from the same company, you may be eligible for a discount on both policies, which lessens both your home and auto insurance premiums.
When bundling, insurance carriers provide a discount to policyholders who take multiple lines of coverage with them, says Clayton Fischer, an agent with Blue Marlin Insurance in Coral Gables, Florida. For instance, he says, insurance companies may offer exclusive options like 12-month auto policies–as opposed to six-month auto policies—when bundled with homeowners insurance.
"Biggest perk of the 12-month auto policy is preventing rate increases every six months," he says. "It’s also a feature to help policyholders have a single point of contact regarding insurance coverage."
Most insurance companies in Kansas offer bundling discounts, but the discounts and overall prices vary, sometimes by hundreds of dollars. So, it’s essential to analyze the overall savings and the rate for each policy to find the best car and home bundling discount in Kansas.
- Cheapest home and auto bundles in Kansas
- The companies offering the cheapest home and auto bundles in Kansas
- Biggest home and auto bundle discounts in Kansas
- How do home and auto bundles affect car insurance rates in Kansas?
- How does bundling home and car insurance work?
- The pros and cons of home and auto insurance bundles
- Should you bundle home and auto insurance in Kansas?
- Methodology
- FAQs: Home and auto insurance bundling
Cheapest home and auto bundles in Kansas
The total cost of a home and auto bundle depends on the base prices for the underlying home and auto insurance coverages. The discount applied to each policy. The table below shows the average rates for home and auto insurance, as well as the total premium with and without the bundle discount.
In Kansas, the cheapest car and home bundles are offered by State Farm, followed next by American Family.
| Company | Home premium | Auto premium | Bundle premium | Without bundle premium |
|---|---|---|---|---|
| State Farm | $3,799 | $1,613 | $3,865 | $5,412 |
| American Family | $3,436 | $1,539 | $4,030 | $4,975 |
| Shelter Insurance | $3,370 | $2,052 | $4,511 | $5,422 |
| Iowa Farm bureau | $4,147 | $1,969 | $4,751 | $6,116 |
| Allstate | $3,633 | $3,617 | $6,307 | $7,250 |
| Nationwide | $7,107 | $1,466 | $6,943 | $8,573 |
The companies offering the cheapest home and auto bundles in Kansas
State Farm
Our take: State Farm topped the list of auto insurance companies in a recent ranking, with customers giving it extremely high satisfaction scores. The company is also the top pick for home insurance, with customers giving it high marks for customer satisfaction, ease of service and for its various policy offerings. State Farm is the biggest property and casualty insurance company in the nation.
American Family
Our take: American Family auto insurance customers give the company high marks for auto and home bundling and customer satisfaction. Eighty-eight percent of American Family customers who responded to an Insure.com survey gave it high marks for customer service and more than nine in 10 said they would recommend the company to others. American Family ranked second in J.D. Power’s 2023 overall home insurance satisfaction survey.
Biggest home and auto bundle discounts in Kansas
At 29%, the largest discount for bundling home and auto insurance can be found at American Family. On the other hand, of the companies evaluated, the smallest multi-policy discount belongs to Allstate, at 13%.
| Company | Home and auto bundle discount |
|---|---|
| State Farm | 29% |
| Iowa Farm bureau | 22% |
| American Family | 19% |
| Nationwide | 19% |
| Shelter Insurance | 17% |
| Allstate | 13% |
How do home and auto bundles affect car insurance rates in Kansas?
The table below displays Kansas auto insurance rates both prior to and after a bundling discount is applied. The cheapest price before the multi-policy discount belongs to Nationwide, and the most significant overall discount is offered by State Farm.
| Company | Auto premium before bundling | Auto premium after bundling | $ difference after bundling | % difference after bundling |
|---|---|---|---|---|
| American Family | $1,539 | $1,194 | $346 | 22% |
| Nationwide | $1,466 | $1,334 | $132 | 9% |
| State Farm | $1,613 | $1,340 | $274 | 17% |
| Iowa Farm bureau | $1,969 | $1,661 | $308 | 16% |
| Shelter Insurance | $2,052 | $1,951 | $101 | 5% |
| Allstate | $3,617 | $2,896 | $721 | 20% |
How does bundling home and car insurance work?
The concept of bundling is pretty straightforward. You buy more than one type of insurance from the same company and, in exchange for the increased business, the insurance company may give you a discount. And there’s an added benefit to the insurer in offering bundles: Customers who bundle are more likely to renew with their insurer.
You typically get discounts on both car insurance and home insurance when you bundle coverage. The discount isn’t equal for each coverage type. Each provider has its own discount formulas. Companies may offer a more substantial discount on one than the other.
The pros and cons of home and auto insurance bundles
The greatest benefit of bundling your home and car insurance is a reduced premium.
But keep in mind that you won't always save money when you bundle. You could find an insurer with a low price on one of the two policies, which could result in better savings than a bundle. Here’s how that works:
- If you currently pay $1,000 for car insurance from one insurer and $1,200 for home insurance from another, that's a total of $2,200.
- But let's say you decide to buy your home insurance from your auto insurer. The cost for the new home insurance policy is $1,500, or $300 more than your current cost.
- Your total rate under the bundle would be $2,500, a $300 increase.
- That means you'd need a bundle discount of at least $400 or so to lower the total bundle rate enough to save money compared to the price you currently pay for separate policies.
That's why you should compare home and auto insurance bundle quotes to what you're paying for separate policies. Rates on bundles aren't always lower.
Should you bundle home and auto insurance in Kansas?
Prior to signing up for an auto and home bundle, it’s important to shop around. Bundling your car and homeowners insurance has many advantages; you only have to deal with a single company and with a single bill, and you typically get a discount on both policies. However bundling isn’t always the best deal.
Some companies have cheap car insurance rates but less competitive home insurance rates, and vice versa. You might pay less overall by choosing two different companies for your insurance.
Shop around and evaluate Kansas car insurance rates on an individual basis and with a bundling discount to make sure you’re getting the best deal before you purchase.
Methodology
In the spring of 2023, Insurance.com analyzed rate and discount data from Quadrant Data Services. The rates, from 2022, are the most recent available to Insurance.com and are based on a 40-year-old male driver with a 12-mile daily commute, good credit and a clean driving history. Rates were fielded for a full-coverage policy (100/300/100 with a $500 collision and comprehensive deductible). Homeowners insurance rates are based on $300,000 in dwelling coverage with $300,000 in liability and a $1,000 deductible.
FAQs: Home and auto insurance bundling
Below are answers to common questions about bundling home and auto and other multi-policy discounts that can save you money on your insurance coverage.
What information do you need to bundle your policies?
To bundle your policies you will need all of the details for both the cars and the home you want to insure. That includes VINs, driver information and details about the home. Your current home and auto policies will list this information for easy reference.
Which insurance companies bundle home and auto insurance?
Almost every insurance company offers a bundling discount, often called a multi-policy discount. Multi-policy discounts aren't just for auto and home. They often include other home insurance policies like renters and condo, as well as motorcycle insurance and in some cases life, RV, boat, and others.
What type of insurance policies can I bundle?
Multi-policy discounts can also apply to other types of insurance policies that you buy from the same insurance company. Depending upon the insurer, you may also be able to bundle these types of insurance policies:
- Condo
- Renters
- Motorcycle
- RV
- Life
Some auto insurance companies don't write homeowners insurance, but some may align themselves with a home insurer to offer a discount. Ask your agent or customer service representative to see if you can bundle multiple insurance policies.
