Best and cheapest companies for home and auto bundles in New Jersey

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Bundling home and auto insurance in New Jersey can help reduce your overall costs, but the best option depends on whether you’re focused on maximizing your discount or minimizing your final premium. On average, Farmers provides the highest percentage savings, while NJM offers the most affordable bundled rates.

Insurance companies price bundles differently, so comparing multiple providers is essential. The right choice depends on your home value, driving profile and where you live within New Jersey.

What you need to know about bundling in New Jersey

What is bundling? Bundling involves combining multiple insurance policies, such as home and auto, with the same insurer to qualify for a discount.
Farmers offers the largest bundle discount in New Jersey, saving about 26%.
The lowest-priced bundle isn’t always tied to the highest discount – final premiums vary by insurer.
Your ZIP code within New Jersey can significantly affect how much you save.
Bundling is often cheaper and more convenient, but it’s not always the best overall value.

Which companies offer the best home and auto bundles in New Jersey? Here’s our pick

NJM, Farmers and State Farm are among the best home and auto bundle companies in New Jersey, offering strong discounts, competitive bundled rates and high rankings for both auto and home insurance. The right choice for you will depend on whether you prioritize the biggest discount or the lowest final premium.

We ranked companies based on the average bundle discount they offer in both dollar and percentage terms, along with their performance in auto and home insurance rankings. Based on those criteria, these are the best companies for bundling in New Jersey:

NJM

The average bundle discount at NJM is $495, or 13%. NJM offers bundling across its home and auto policies, making it straightforward for most policyholders to qualify. Before the bundle discount is applied, the average combined cost of home and auto insurance sits at $3,756.

Farmers

The average bundle discount at Farmers is $1,256, or 26%. For policyholders who carry both home and auto with Farmers, the bundle discount applies without requiring any changes to existing coverage. Before the discount, customers pay $4,813 for coverage.

State Farm

The average bundle discount at State Farm is $1,232, or 20%. Bundling with State Farm means both policies share a single renewal date and the same claims team. The average combined rate before the discount is $6,117.

People also ask:

Who has the cheapest home and auto bundle in New Jersey?

In New Jersey, NJM offers the cheapest rates for home and auto bundle, with an average premium of $3,261.

How much can you save by bundling home and auto insurance in New Jersey?

On average, bundling home and auto insurance can save you about 17%, though your exact savings will depend on your coverage, location, and eligibility for discounts.

How do home and auto bundle rates compare in New Jersey?

Home and auto bundle rates in New Jersey can vary widely by insurer. Some companies offer lower starting premiums, while others provide larger discounts, and the difference between providers can be significant. Comparing both the final cost and the discount is essential to finding the best deal.

Here’s how rates and savings compare across top insurers in New Jersey:

Company Group	Auto AM Best	Home AM Best	Auto Premium	Home Premium	Auto NAIC	Home NAIC	Bundled Premium	Overall Rating
NJM	A+	A+	$2,499	$1,257	0.16	0.06	$3,261	4.90
Farmers	A	A	$3,346	$1,467	1.24	0.89	$3,557	3.77
State Farm	A	A	$4,443	$1,674	0.87	1.15	$4,885	2.67

Bundle savings can vary more than you expect

Two insurers may advertise similar discounts but still produce very different final premiums depending on their starting rates. Always ask for the total combined annual cost of both policies after discounts are applied – not just the discount percentage – before deciding where to bundle. The company with the biggest advertised savings isn’t always the one with the lowest final bill.

What is the cheapest home and auto bundles in New Jersey?

Choose NJM if your priority is the lowest overall premium for a home and auto bundle in New Jersey. If your goal is to unlock the highest discount percentage, Farmers is the stronger option.

A discount lowers the initial price of your policy, while total savings reflects the final amount you pay after all discounts are applied. The best choice depends on whether you prioritize the lowest final price or the largest discount.

Here’s how the cheapest bundle options compare in New Jersey:

Company	Home insurance premium	Auto insurance premium	Premium before Bundle	Premium after Bundle
NJM	$1,257	$2,499	$3,756	$3,261
Farmers	$1,467	$3,346	$4,813	$3,557
State Farm	$1,674	$4,443	$6,117	$4,885

Cheapest doesn’t always mean best value

Cheaper premiums can sometimes come with higher deductibles, lower coverage limits or exclusions that leave you financially exposed when you file a claim, which is a request you file with your insurance company to cover a loss or damage under your policy.

Before choosing based on price alone, review three key elements: your liability limits, deductible amounts and what’s excluded from the policy. A policy that saves you a few hundred dollars per year but increases your out-of-pocket costs significantly isn’t a better deal – it’s a bigger risk.

Which ZIP codes are most and least expensive in New Jersey?

The most expensive ZIP code for home and auto bundles in New Jersey is 7106, with average rates of $4,957, while the cheapest is 7920, where premiums drop to $3,081. Rates can vary widely due to differences in risk, property values and local claims data.

Where you live plays a major role in your insurance costs, affecting both base premiums and available discounts.

Top ten most expensive ZIP codes

The most expensive ZIP code in New Jersey for home and auto insurance bundling is 7106 at an average rate of $4,957.

See the 10 most expensive ZIP codes below.

ZIP code	Average auto and home after discount	$ difference	% difference
7106	$4,957	$829	14%
7108	$4,942	$828	14%
7107	$4,940	$828	14%
7112	$4,939	$828	14%
7104	$4,918	$824	14%
7103	$4,896	$823	14%
7105	$4,869	$826	15%
7114	$4,868	$814	14%
7102	$4,803	$814	14%
7017	$4,743	$780	14%

Top ten cheapest ZIP codes

The least expensive ZIP code in New Jersey for home and auto insurance bundling is 7920 at an average rate of $3,081.

See the 10 least expensive ZIP codes below.

ZIP code	Average auto and home after discount	$ difference	% difference
7920	$3,081	$460	13%
7005	$3,104	$463	13%
8801	$3,146	$473	13%
8809	$3,157	$474	13%
8865	$3,218	$489	13%
7701	$3,352	$519	13%
8690	$3,361	$506	13%
8691	$3,367	$502	13%
8620	$3,403	$510	13%
8816	$3,452	$540	14%

Your ZIP code can impact your rate more than your insurer

Location-based risks like weather, crime rates, and rebuilding costs can cause major price differences even within the same city – not just the same state. Two neighbors half a mile apart in different ZIP codes can pay meaningfully different premiums for identical coverage.

Before assuming a rate you’ve been quoted is standard, check whether your specific ZIP code is driving it up – and if you’re moving, get insurance quotes for your new address before you sign a lease or close on a home, since the difference can be significant.

Home insurance rates vary from one city to another. But with Insure.com, finding the right home insurance policy is easy. Learn more about homeowners insurance costs for different cities below.

Home insurance rates in New Jersey by city

See rates in your city

Jersey City

Lakewood

How we picked the best companies for home and auto bundling

We analyzed home and auto insurance rates from Quadrant Data Services in 2025 across all 50 states and Washington, D.C. Bundle discount percentages were also reviewed based on the average savings offered by each insurer. Pre- and post-bundle rates were calculated using these averages. Our analysis included 3 companies and 58 ZIP codes.

Frequently asked questions about home and auto bundle insurance

Is bundling home and auto insurance right for everyone in New Jersey?

Bundling home and auto insurance in New Jersey can help reduce costs and make policy management easier, but it’s not always the cheapest option. Some insurers offer better rates when policies are purchased separately, so it’s important to compare both bundled and separate quotes. Coverage can also vary, so make sure both policies meet your needs before combining them.

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

Switching to a bundle is straightforward and often happens when one policy comes up for renewal. However, you don’t have to wait – you can cancel an existing policy early and receive a refund for unused coverage. Just make sure your new bundled policy is active before canceling your current one to avoid any lapse in coverage.

What should you check before bundling home and auto insurance?

Before bundling home and auto insurance, check the total cost, coverage details, and the insurer’s reputation. It’s important to choose a licensed company with dependable claims handling, since the lowest price may not always offer the best protection (Texas Department of Insurance, n.d.).

Resources & Methodology

Sources:

Texas Department of Insurance, (2025). Shopping for auto insurance. May 2026.

Methodology

Insure.com analyzed rates and discount averages provided by Quadrant Data Services across all 50 states and Washington, D.C., covering 29,159 cities and 34,595 ZIP codes.

For auto insurance discounts, we analyzed 11,069,610 quotes in 2024 from 197 companies across 89 insurer groups. Rates reflect a 40-year-old male and female driving a 2023 Honda Accord LX with 100/300/100 liability limits, $500 collision and comprehensive deductibles, and 15,000 annual miles.

For home insurance discounts, we reviewed 17,856,699 quotes in 2025 from 134 companies across 75 insurer groups, using a standardized homeowner profile with $300,000 dwelling coverage, a $1,000 deductible, and $100,000 liability.

To rank companies, we developed a composite scoring model that balances cost, customer experience, and financial strength. Each insurer’s score is weighted as follows:

Annual premium (35%) – average cost across auto and home datasets
NAIC (35%) – complaint index and customer experience
AM Best (30%) – financial strength and stability

How much is home and auto bundle insurance in other states

$3,766/Year

$4,171/Year

$4,303/Year

$3,494/Year

$3,605/Year

$4,655/Year

$4,165/Year

$4,209/Year

$2,995/Year

$5,034/Year

$4,402/Year

$2,297/Year

Show more states

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Alisha Ambre

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.