Best Home And Auto Insurance In Florida 2025
Mile Auto provides the most affordable home and auto insurance in Florida, with an average annual premium of $2,198.
We’ve saved shoppers an average of $450 per year on their home insurance.
Bundling discounts, called multi policy discounts, offer the biggest discounts on home and auto premiums saving an average of $1,300 per year for new policyholders in Florida. This can be a critical figure given the rising increase in premiums across the state due to extreme weather events and higher risks.
Finding the right discounts can help you make sure you have the coverage you need.
Key Takeaways
Mile Auto offers the cheapest home and auto insurance bundle in Florida, at an average annual premium of $2,198.
Allstate provides the biggest bundle discount in Florida, at 25%
Bundling policies can lead to significant savings on your premium.
Best Home And Auto Insurance Bundles In Florida
State Farm provides the top home and auto insurance in Florida, at an average annual premium of $3,240.
Company | Average Annual Bundle |
Travelers | $3,064 |
Allstate | $3,567 |
State Farm | $3,240 |
Nationwide | $3,940 |
GEICO | $3,580 |
Cheapest Home And Auto Bundles In Florida
If you’re looking to save the most by bundling your home and auto insurance in Florida, Mile Auto offers the most affordable option, with an average annual premium of $2,198.
Here’s how the top providers compare:
Company | Annual Bundle Premium |
Mile Auto | $2,198 |
Progressive | $3,112 |
Travelers | $3,397 |
State Farm | $3,240 |
Farm Bureau | $3,180 |
Average Cost Of Home And Auto Insurance In Florida
The average annual cost of home and auto insurance in Florida is $4,278, which is $228 higher than the national average of $4,050.
Home And Auto Insurance Rates In Florida Without Bundling
While bundling typically leads to savings, in some cases it can be cheaper to purchase your auto and home insurance policies separately, especially if you’re working with companies that have strong standalone offerings.
The cheapest non-bundled combination in Florida is:
- Auto insurance from GEICO
- Home insurance from Travelers
This combo results in an average annual premium of $4,218.
Here’s how other non-bundled combinations compare:
Auto Insurance Company | Home Insurance Provider | Annual Premium |
GEICO | Travelers | $4,218 |
Progressive | State Farm | $4,395 |
Allstate | American Integrity | $4,482 |
Nationwide | Florida Peninsula | $4,506 |
USAA | Universal Property | $4,598 |
Safeco | Tower Hill | $4,612 |
State Farm | Chubb | $4,735 |
Direct Auto | Slide Insurance | $4,788 |
Biggest Home And Auto Bundle Discounts In Florida
The biggest home and auto bundle discounts though are offered by:
- Allstate: Allstate has the highest discounts in the state offering 25% off home and auto bundles in Florida.
- Nationwide: Nationwide provides Florida residents with a home and auto bundle discount of 22%.
- Travelers: Travelers gives an average of 11%.
- State Farm: Florida residents can get a 23% discount on average from State Farm.
- Progressive: Progressive offers discounts of 19%.
How To Bundle Home & Auto Insurance In Florida
Here are five steps to bundling your auto and home insurance easily and efficiently:
Determine Your Coverage Needs
The first step in bundling your home and auto insurance is understanding your coverage needs. You’ll need to assess the value of your home and car, the level of protection you require, and any specific coverage needs based on your location or personal circumstances. This initial evaluation is crucial to ensure you get a bundle that provides adequate protection.
Gather Information About Your Home And Vehicle
Once you’ve determined your coverage needs, gather all the necessary information about your home and vehicle. This includes details like the age and condition of your home, security features installed, the make and model of your car, your driving history, among other relevant details. Insurance companies will use this information to provide accurate quotes.
Compare Quotes From Different Insurers
After gathering all the necessary information, start shopping for quotes from different insurers. You can do this either online or by contacting an insurance agent. It’s important to get quotes from multiple companies to ensure you’re getting the best deal. When comparing, pay attention not only to the price but also to the coverage details and any exclusions.
Review Each Offer Thoroughly
Once you have several quotes, take the time to review each offer thoroughly. Look at the coverage details, deductibles, policy limits, and any additional benefits offered as part of the bundle. Also, consider the company’s reputation, customer service record, and claim handling process.
Make Your Purchase
After reviewing all offers and deciding which bundle best suits your needs, it’s time to make the purchase. Be sure to read the policy documents carefully before signing anything. After purchasing, keep all your insurance documents in a safe place, and remember to review your policies annually to ensure they still meet your needs.
When To Consider Bundling Your Florida Insurance
There are a few times to consider bundling your Florida insurance.
To Get Savings
The biggest benefit obviously comes from the savings including:
- The discount for bundling
- The savings from one deductible in an event that affects home and auto
- The savings from 12-month car insurance policies instead of 6-month policies
It’s important to compare not just the percentage you get in terms of your discounts but what your premiums are for the coverage you get.
For example:
Travelers charges $1,100 for homeowners insurance and $2,600 for car insurance equaling $3,700 each year in separate policy premiums. With the 11% discount, you might pay around $3,300 each year instead.
By comparison, Allstate which has the highest discounts might charge $2,700 on average for your homeowners insurance premium and $5,500 on average for your car insurance premium equaling $8,200 per year. With a 25% discount that still brings the annual costs to around $6,150.
So while Florida residents can get the biggest discount from Allstate, the biggest savings comes from Travelers.
To Get Support
Another time to consider bundling your Florida insurance is when you want to get better support. It can be much easier to manage multiple insurance products like boat insurance, homeowners insurance, and car insurance from a single location, through a single agent, and with a single insurance portal.
When Not To Consider Bundling Your Insurance In Florida
There are two key drawbacks to bundling your insurance in Florida: you may not find the specialized coverage you need and you might not get savings as high as you would with separate policies.
Specialized Coverage
One of the biggest drawbacks to bundling your insurance in Florida is that you may not find the type of plan you need. Not all of the same coverage is available under bundled packages and if you find a worthwhile discount from one company, they may not provide the specialized coverage you need for your home.
In Florida, in particular, there is a need for specialized coverage extending to flood damage and other hurricane related incidents. Not all providers who offer bundling discounts will offer that coverage.
Separate Savings
For some people, the savings that are provided by bundling may not be as high as the average across the state. For example, one customer might only save 2% on their current car insurance policy and 12% on their homeowners insurance, but that amounts to a total of 14% in savings whereas keeping separate policies gives them a total of 17% in savings.
There are plenty of ways to get discounts on home or car insurance and shopping around for separate policies might give you a better combination of discounts depending on your circumstances.
Compare Home And Auto Insurance Bundles To Other States
U.S. State | Annual Bundle Premium |
Alabama | $5,070 |
Alaska | $2,960 |
Arizona | $3,680 |
Arkansas | $5,010 |
California | $3,970 |
Colorado | $6,430 |
Connecticut | $4,790 |
Delaware | $3,410 |
Georgia | $5,200 |
Hawaii | $2,230 |
Idaho | $2,790 |
Illinois | $3,900 |
Indiana | $3,200 |
Iowa | $3,430 |
Kansas | $4,610 |
Kentucky | $4,080 |
Louisiana | $9,330 |
Maine | $2,430 |
Maryland | $4,730 |
Massachusetts | $3,360 |
Michigan | $5,788 |
Minnesota | $4,360 |
Mississippi | $5,010 |
Missouri | $4,080 |
Montana | $2,980 |
Nebraska | $4,970 |
Nevada | $3,810 |
New Hampshire | $1,970 |
New Jersey | $3,310 |
New Mexico | $4,290 |
New York | $4,360 |
North Carolina | $2,860 |
North Dakota | $3,930 |
Ohio | $2,620 |
Oklahoma | $6,770 |
Oregon | $2,590 |
Pennsylvania | $2,790 |
Rhode Island | $4,130 |
South Carolina | $5,200 |
South Dakota | $3,980 |
Tennessee | $3,590 |
Texas | $6,580 |
Utah | $2,850 |
Vermont | $2,350 |
Virginia | $3,470 |
Washington State | $2,950 |
West Virginia | $2,750 |
Wisconsin | $2,550 |
Wyoming | $2,730 |
Our Methodology
In our pursuit of delivering the most accurate and reliable insurance company ratings, we employ a comprehensive methodology. We review dozens of insurance companies, leveraging insights from multiple established insurance review sites. We also consider critical metrics from trusted industry leaders like A.M. Best and J.D. Power.
Moreover, I bring my 15 years of experience as an insurance agent to the table, further enriching our analysis with first-hand knowledge and expertise. This rigorous approach ensures our ratings are both informed and trustworthy, guiding you confidently in your insurance decision-making process.
Quotes Analyzed
Brands Reviewed
Research Hours
Years Of Experience
FAQs
Does auto insurance affect home insurance?
If you have a history of claims on one policy it can affect the premiums for another but the right type of bundling can offer substantial discounts to overcome this.
Can I bundle something other than home and auto insurance?
Yes. Home and auto insurance are the most commonly bundled Insurance products but you can get a multi policy discount when you combine things like homeowners insurance with motorcycle insurance, RV or boat insurance with car insurance, or any other option in between depending on providers.
Is it a good idea for me to bundle home and auto insurance in Florida?
It makes sense to do so if it reduces your premiums and gives you the coverage you need. Always take the time to compare prices from different providers, what you would get for a bundled policy versus separate policies, and the type of coverage that you need.
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