Best and cheapest companies for home and auto bundles in Tennessee

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Some insurance companies offer better bundle deals than others when shopping for home and auto coverage. We’ve reviewed multi-policy discounts from Tennessee insurers to help you find the carriers that offer the most affordable rates after bundling.

In Tennessee, State Farm offers the highest percentage of savings on home and auto bundles. Bundling your policies with State Farm can help you save an average of 28%.

State Farm provides the lowest bundled rate in Tennessee, with an average cost of $2,843 for combining your home and auto policies.

Key Takeaways

In Tennessee, State Farm is the top choice for bundling home and auto insurance. It offers an average savings of 28%.
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

Insure.com analyzed home and auto insurance rates from Quadrant Data Services in 2024 for all 50 states and Washington, D.C. Home and auto bundling discount percentages, based on the average discount from each company were also analyzed. Before and after bundling rates were calculated using the average discount percentage. We included 48 companies and 4,686 ZIP codes in our analysis.

Our recommendation for the best home and auto bundles in Tennessee

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 Tennessee.

State Farm

The average bundle discount at State Farm is $1,126, or 28%. Before the bundle discount is added, the average cost of home and auto insurance is $3,969. After getting a bundle discount, the cost drops to $2,843. State Farm ranked at No. 6 in our Best Auto Insurance Companies ranking and No. 4 in the Best Home Insurance Companies ranking.

Erie Insurance

The average bundle discount at Erie Insurance is $853, or 18%. Without a bundle discount, customers pay $4,761 for coverage. After the bundle discount, customers pay $3,908 on average. Erie Insurance ranked at No. 1 in our Best Auto Insurance Companies ranking and No. 1 in the Best Home Insurance Companies ranking.

Auto-Owners

Bundling auto and home insurance with Auto-Owners can save an average of $468, or 13%. Without the discount, the coverage costs $3,691, but after the discount, it’s only $3,223.

Allstate

The average bundle discount at Allstate is $727, or 16%. Before the discount is added, the average cost of home and auto insurance is $4,423. After adding the bundle discount, the average cost is $3,696. Allstate ranked at No. 11 in our Best Auto Insurance Companies ranking and at No. 5 in the Best Home Insurance Companies ranking.

Farmers Insurance

Farmers Insurance offers an average bundle discount of $743, or 15%. The average rate for coverage before the discount is $5,014, and with the discount, it’s reduced to $4,271.

Compare home and auto bundles in Tennessee

Bundling your home and auto insurance in Tennessee can help you save, but the savings vary depending on the company. Let’s take a look at how much you can save with some of the top insurers.

Company	Premium after Bundle	Auto and home bundling (Survey)	Home survey	A.M. Best Score	% Difference	Overall Rating
State Farm	$2,843	47	87.4	A++	28%	82.03
Erie Insurance	$3,908	73	93.2	A+	18%	74.61
Auto-Owners	$3,223	49	81.2	A++	13%	67.08
Allstate	$3,696	39	85	A+	16%	66.61
Farmers Insurance	$4,271	43	82	A	15%	63.15
Travelers	$7,355	44	83.6	A++	10%	54.57

What company offers the cheapest home and auto bundle in Tennessee?

State Farm provides the largest discount on premiums for bundled insurance, while State Farm offers the lowest overall rate when you bundle.

Company	Home insurance premium	Auto insurance premium	Premium before Bundle	Premium after Bundle
State Farm	$2,772	$1,197	$3,969	$2,843
Auto-Owners	$2,134	$1,557	$3,691	$3,223
Tennessee Farmers	$2,315	$1,530	$3,845	$3,535
Allstate	$1,660	$2,763	$4,423	$3,696
Erie Insurance	$3,031	$1,730	$4,761	$3,908
Farmers Insurance	$3,391	$1,623	$5,014	$4,271
Travelers	$6,630	$1,520	$8,150	$7,355

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

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 Tennessee for bundling insurance.

Most expensive ZIP codes

The most expensive ZIP code in Tennessee for home and auto insurance bundling is 38127 at an average rate of $5,524. See the 10 most expensive ZIP codes below.

ZIP code	Average auto and home after discount	Average difference
38127	$5,524	16%
38128	$5,387	16%
38109	$5,358	16%
38116	$5,334	16%
38114	$5,332	16%
38106	$5,332	16%
38108	$5,272	16%
38107	$5,226	16%
38118	$5,201	16%
38163	$5,159	16%

Least expensive ZIP codes

The least expensive ZIP code in Tennessee for bundling home and auto insurance is 37664, with an average cost of $3,122. Here are the 10 cheapest ZIP codes:

ZIP code	Average auto and home after discount	Average difference
37664	$3,122	16%
37660	$3,159	15%
37663	$3,191	16%
37665	$3,197	16%
37996	$3,416	15%
37916	$3,420	16%
37902	$3,440	16%
37920	$3,446	15%
37918	$3,447	15%
37932	$3,452	15%

Frequently asked questions about home and auto bundle insurance

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

Bundling your coverage can be one of the best ways to save on insurance. It also can be convenient to have all of your coverage with the same insurer. By bundling, you have one insurance company and can check all your coverages on a single website.

However, bundling might not always be the wisest option. For example, an insurer that offers a great deal on auto insurance might charge higher rates on homeowners insurance. In such a circumstance, you might be better off purchasing your auto insurance from one insurer and your homeowners coverage from another.

In addition, it is possible that an insurer might offer the coverage options you need for one type of insurance but not for the other.

Rather than simply assuming that a bundle is your best deal, it always pays to shop around.

“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 Tennessee?

Switching to a bundle is easy. Many people make this change when one of their policies is up for renewal. For example, if your auto insurance is with one company and your homeowners insurance is with another, you can decide to bundle your coverage with a single insurer the next time the coverage term for one of the two policies ends.

However, you do not have to wait until renewal to bundle your policies. If you decide to cancel one of your policies prior to the end of its coverage term, you should receive a refund for the months you will no longer be insured with the company.

If you decide to end coverage on one of your policies, be careful not to do so until you are sure your new coverage is in place and has been activated.

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

Minnesota$2,949/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

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 Tennessee
Compare home and auto bundles in Tennessee
What company offers the cheapest home and auto bundle in Tennessee?
Most and least expensive ZIP codes for home and auto insurance bundles in Tennessee
Frequently asked questions about home and auto bundle insurance
Methodology