8 Best Auto and Renters Insurance Bundles for 2024

Allstate’s policies are widely available across the U.S. and come with a variety of potential add-ons, including identity theft coverage and rideshare insurance. Although the company doesn’t advertise an exact bundling discount, it claims you could pay as little as $4 a month for renters insurance when you combine it with an auto policy.

Allstate offers two programs that can track your driving habits in exchange for savings. Milewise is a pay-per-mile program that may be a good deal for infrequent drivers. Drivewise rewards safe drivers who don’t engage in tracked behaviors such as speeding or hard braking.

Amica offers strong customer service, drawing fewer consumer complaints to state regulators than expected for a company of its size, according to the National Association of Insurance Commissioners. It also ranks well in J.D. Power’s most recent customer satisfaction surveys. It advertises a bundling discount up to 15%.

You can pay a little extra for a dividend policy, which can return part of your premium to you if the company does well financially. Amica says its dividends are generally 5% to 20% of your annual premium.

Although its policies are available in only about half the U.S., Auto-Owners insurance is worth considering, thanks to its low volume of consumer complaints and range of coverage options. It sells its policies through independent insurance agents.

The Renters Plus add-on includes extra coverage for refrigerated food that spoils in a power outage and for water damage from backed-up drains. This package also waives the deductible for claims related to glass damage.

Farmers offers a range of useful coverage options on its auto and renters policies. For instance, you can add coverage for original manufacturer parts if your car needs repairs after an accident. If you use your vehicle for services like Uber, Lyft or food delivery, you can also add rideshare coverage.

Farmers’ Signal app monitors your driving behavior, which can lead to a discount if you have safe habits. The optional CrashAssist feature uses cell phone data to sense whether you might have been in an accident. If you don’t confirm that you’re safe, it will alert emergency services to send help.

The largest auto and home insurer in the U.S., State Farm claims you can save up to $704 per year by bundling its renters and car insurance policies. State Farm’s website offers a seamless experience, allowing you to get quotes, file claims, get your ID and pay bills, often without even having to log in.

The Drive Safe & Save program tracks both your mileage and driving behaviors to provide potential discounts up to 30%.

Travelers advertises bundling discounts up to 5%, along with plenty of other ways to save on your policies. For instance, discounts are available if you insure multiple cars, pay your policy on time or have safety devices in your rental property (such as smart-home technology).

Travelers rewards environmentally friendly drivers by offering a discount for hybrid or electric vehicles. The savings are available whether you lease or own the car.

USAA sells policies to active military, veterans and their families, with features tailored for these consumers. For example, those living in military housing can save up to 28% on their renters policy and 15% on their auto insurance. For your renters policy, there’s no deductible if your military equipment is damaged or stolen.

Most renters insurance policies won’t cover damage from flooding or earthquakes. USAA includes this coverage in its policies without an extra charge.