Best Auto and Home Insurance Bundles for Seniors in 2023

1. Progressive - Shared Deductibles

4.3 / 5

Call for best price:
(855) 933-2095

What We Like Most:

• Established contractor network
• Robust discounts available
• One deductible for both policies
• Numerous bundling options

Overview

Progressive is one of the nation’s most well-established providers of home and auto insurance. It has an established network of qualified contractors who can quote repairs for your home directly through your policy. It also offers motorcycle, boat, and RV insurance, creating more opportunities for bundling and saving.

For home and auto insurance policies, Progressive offers an average discount of 5 percent, which comes off your auto policy premium. Other potential deals include discounts for buying a new home, getting a quote in advance, and having safety features in your home, such as home security systems.

In addition to its competitive rates, Progressive lets you combine deductibles for your home and auto policies, potentially increasing your savings more in the event of a claim.

2. Allstate - Available Nationwide

4.8 / 5

Call for best price:
(855) 933-2095

What We Like Most:

• Competitive rates
• Good customer reviews
• Local agents in all 50 states
• Unique HostAdvantage discount

Overview

In terms of financial security, Allstate plans are a reliable investment. It is the second-largest provider in the country, and has been selling insurance since 1931. Allstate doesn’t list a specific discount for a bundled policy, but its website states that you could be eligible for up to 25 percent savings on your monthly premiums if you buy both auto and home insurance.

Allstate offers numerous add-ons to its homeowner’s policies, some of which offer unique coverage for identity-theft restoration, reimbursements for green upgrades, electronic data recovery, and HostAdvantage, a discount for people who rent their home as an Airbnb.

3. Liberty Mutual - Great Bundling Discounts

4.3 / 5

What We Like Most:

• Numerous home policy discounts
• Great online services
• Diverse policy options
• Identity-theft coverage

Overview

Liberty Mutual offers numerous add-ons when you get a homeowner’s insurance plan, including dwelling, other structures, property, personal liability, medical, and loss-of-use coverage. The company also offers unique discounts, such as identity-theft coverage, inflation protection, replacement-cost coverage, ordinance coverage, and even a blanket jewelry coverage plan that pays for stolen jewelry with no deductible or appraisal.

For bundling a Liberty Mutual auto and home policy, the company offers the biggest discount we surveyed — up to 28 percent. As with other providers, however, that is only a maximum estimate. Real discounts will be calculated based on your unique situation.

4. The Hartford/AARP - Discounts for AARP Members

4.4 / 5

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What We Like Most:

• Personalized services tailored to seniors
• Up to 25 percent in bundling discounts
• Numerous other discounts available
• User-friendly website tools

Overview

A home and auto insurance bundle through AARP and The Hartford can give you up to 25 percent off your monthly bill. The discount is separated between policies: up to 5 percent off the auto insurance plan and up to 20 percent off the home insurance.

The Hartford offers other ways to save on your coverage, including discounts for hybrid and electric vehicles, full yearly payments in advance, home safety features, and completing a defensive driving class.

You must be an AARP member to reap the benefits of a policy through The Hartford. If you are, you can take advantage of the company’s personalized agent services to get a quote and learn about your eligibility for discounts.

5. Geico - Lowest Premiums

4.4 / 5

Call for best price:
(855) 933-2095

What We Like Most:

• Cheap premiums
• Great online services
• Numerous discounts
• Coverage in all 50 states

Overview

Geico offers the most affordable premiums of the companies we reviewed, with many users reporting policy estimates of less than $100 per month. The company offers its insurance through dozens of approved underwriters, making discounts difficult to estimate since they will be different for different offers. For bundling Geico and home insurance plans, however, Geico offers a flat discount of 3 percent with opportunities for a bigger discount depending on your situation.

The company also has a great online quoting tool that makes it easy to receive a free estimate. Compared to other providers, however, Geico doesn’t have as many local agents. That can make it trickier to deal with your plan’s underwriter for specific plans.