Best and cheapest companies for home and auto bundles in Minnesota

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When shopping for home and auto insurance, some insurers offer better deals on bundled coverage than others. We’ve compared multi-policy discounts from insurance companies in Minnesota to identify which ones provide significant savings when combining multiple coverage types.

State Farm provides the highest percentage discount on home and auto insurance premiums in Minnesota when you bundle your policies. By choosing this insurer, you can save an average of 27% on your home and auto bundle.

On the other hand, State Farm provides the lowest overall rate for bundling in Minnesota. When you bundle your policies, you can expect to pay an average of $2,949.

Key Takeaways

In Minnesota, State Farm is the top choice for bundling home and auto insurance. It offers an average savings of 27%.
Some insurance companies offer more significant bundling discounts, so comparing quotes is a good idea.
Your ZIP code plays a major role in determining how much you can save on your home and auto insurance bundle.
Bundling is usually a smart move, but sometimes it might not be the best option.

How we picked the best companies for home and auto bundling

In 2024, we analyzed home and auto insurance rates provided by Quadrant Data Services, focusing on the average bundling discounts each company offers. We calculated both pre and post bundling insurance costs based on these average discount rates to provide a clear view of potential savings. Our analysis encompassed data from 48 insurance companies across 4,686 ZIP codes, delivering a comprehensive look at bundling benefits nationwide.

Our recommendation for the best home and auto bundles in Minnesota

Insure.com’s analysis ranked companies based on the average bundle discount they offer both in terms of dollar amount and percentage. Based on those criteria, these are the best companies for home and auto bundles in Minnesota.

State Farm

State Farm offers an average bundle discount of $1,076, which is a 27% savings on your premiums. Before the discount, the combined home and auto insurance cost is $4,025, and after applying the bundle discount, the total cost drops to $2,949.

American Family

American Family offers an average discount of $693 when you bundle your auto and home insurance, which is about 16%. Without the discount, the average cost is $4,244, but with the discount, the price drops to $3,551.

Auto-Owners

The average bundle discount at Auto-Owners is $287, or 8%. Without the bundle discount, the average cost of coverage is $3,652. After the bundle discount, that cost goes down to $3,365. Auto-Owners ranked at No. 2 in our Best Auto Insurance Companies ranking and No. 3 in the Best Home Insurance Companies ranking.

Farmers Insurance

Farmers Insurance offers an average bundle discount of $779, which is about 16%. Without the discount, the combined cost of home and auto insurance is $4,821. After applying the discount, the total cost drops to $4,042.

Compare home and auto bundles in Minnesota

Bundling your home and auto insurance in Minnesota can result in significant savings, though the exact amount depends on the insurer. The table below highlights rates and potential savings with leading companies.

Company	Premium after Bundle	Auto and home bundling (Survey)	Home survey	A.M. Best Score	% Difference	Overall Rating
State Farm	$2,949	47	87.4	A++	27%	82.03
American Family	$3,551	50	85	A	16%	65.57
Auto-Owners	$3,365	49	81.2	A++	8%	60.96
Farmers Insurance	$4,042	43	82	A	16%	60.82

What company offers the cheapest home and auto bundles in Minnesota?

State Farm offers the biggest percentage discount if you bundle. State Farm offers the cheapest rate overall if you bundle.

Company	Home insurance premium	Auto insurance premium	Premium before Bundle	Premium after Bundle
State Farm	$2,568	$1,457	$4,025	$2,949
Automobile Club MI (AAA)	$1,710	$2,208	$3,918	$3,203
Auto-Owners	$1,574	$2,078	$3,652	$3,365
American Family	$2,780	$1,464	$4,244	$3,551
Western National Mutual	$1,746	$2,763	$4,509	$4,003
Farmers Insurance	$2,608	$2,213	$4,821	$4,042
North Star Mutual	$2,312	$3,065	$5,377	$4,612

Most and least expensive ZIP codes for home and auto insurance bundles in Minnesota

The ZIP code you live in can influence the discount you’ll get for bundling your coverage and the base rates before the discount is applied. Here’s a list of the most and least expensive ZIP codes in Minnesota for bundling insurance.

Most expensive ZIP codes

The most expensive ZIP code in Minnesota for bundling home and auto insurance is 55106, with an average cost of $4,160. Here are the 10 most expensive ZIP codes:

ZIP code	Average auto and home after discount	Average difference
55106	$4,160	16%
55130	$4,141	16%
55103	$4,104	16%
55101	$4,093	15%
55411	$4,077	16%
55104	$4,004	16%
55117	$3,994	16%
55404	$3,992	16%
55455	$3,982	16%
55107	$3,979	16%

Least expensive ZIP codes

The most affordable ZIP code in Minnesota for bundling home and auto insurance is 55920, with an average rate of $3,172. Below are the 10 least expensive ZIP codes.

ZIP code	Average auto and home after discount	Average difference
55920	$3,172	16%
56544	$3,181	16%
56511	$3,215	16%
55805	$3,222	16%
56720	$3,239	16%
55802	$3,267	16%
55811	$3,275	16%
55718	$3,278	16%
55812	$3,278	16%
56236	$3,289	16%

Frequently asked questions about bundling home and auto insurance

Is bundling home and auto insurance right for everyone in Minnesota?

Bundling your insurance policies can save you money and add convenience. With a single insurer, you’ll have one point of contact and easy access to all your coverage details on one website.

While bundling can be a good deal, it’s not always the right choice. Sometimes, a company may offer great auto insurance rates but have higher prices for homeowners insurance, so it might be worth looking elsewhere for your homeowners coverage.

Also, some insurers might provide the right coverage you need for one type of insurance but not for the other.

Instead of relying on a bundle, it’s worth checking out other options to ensure you get the best deal.

Remember when buying insurance that you’re doing so to protect your most valuable assets, says Christine O’Brien, president of the Insurance Council of New Jersey. Take the time to learn about policy limits and coverages and get several quotes.

How can you switch to a home and auto bundle in Minnesota?

Bundling your policies is a quick process. When one of your insurance policies is up for renewal, you can decide to bundle your car and homeowners insurance with the same company.

You don’t have to wait until renewal to bundle. If you cancel any of your policies early, you’ll likely get a refund for the months you won’t be covered.

Remember not to cancel your old policy until your new coverage is in place to avoid any gaps in coverage.

Methodology

Insure.com analyzed rates and discount averages provided by Quadrant Data Services in 2024 fielded from all 50 states and Washington, D.C. Rates were compared based on average home and auto premiums before bundling and after bundling based on the average multi-policy discount offered by each insurance company. The average total rate after the discount was calculated by subtracting a dollar amount equal to the average discount percentage from the pre-discount total rate.

You might find interesting

How much is home and auto bundle insurance in other states

Alabama$2,543/Year

Arizona$2,478/Year

Arkansas$3,119/Year

California$2,866/Year

Colorado$3,605/Year

Delaware$1,952/Year

Florida$3,408/Year

Georgia$3,022/Year

Idaho$1,993/Year

Illinois$2,678/Year

Indiana$2,437/Year

Iowa$2,564/Year

Kansas$3,865/Year

Kentucky$3,465/Year

Louisiana$3,987/Year

Maine$1,385/Year

Maryland$2,935/Year

Michigan$3,651/Year

Mississippi$3,255/Year

Missouri$3,393/Year

Montana$3,188/Year

Nebraska$4,496/Year

Nevada$2,442/Year

New Hampshire$1,615/Year

New York$3,450/Year

North Carolina$1,823/Year

North Dakota$3,244/Year

Ohio$2,229/Year

Oklahoma$4,641/Year

Oregon$1,701/Year

Pennsylvania$2,589/Year

Rhode Island$1,739/Year

South Carolina$2,766/Year

South Dakota$3,482/Year

Tennessee$2,843/Year

Utah$1,972/Year

Vermont$1,553/Year

Virginia$1,995/Year

Washington$1,762/Year

Washington, D.C.$2,506/Year

West Virginia$2,361/Year

Wisconsin$2,083/Year

Wyoming$2,619/Year

Chris Kissell

Contributing Researcher

Specializing in insurance and personal finance, Chris Kissell is a writer and editor whose work has been featured at Forbes, U.S. News & World Report, MSN Money, Fox Business, Yahoo Finance, Bankrate and Money Talks News. He is based in Denver.

On this page

How we picked the best companies for home and auto bundling
Our recommendation for the best home and auto bundles in Minnesota
Compare home and auto bundles in Minnesota
What company offers the cheapest home and auto bundles in Minnesota?
Most and least expensive ZIP codes for home and auto insurance bundles in Minnesota
Frequently asked questions about bundling home and auto insurance
Methodology