Erie home and auto bundle insurance in 2024- Insure.com

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Bundling your home and auto insurance with Erie costs about $3,332 per year. That’s a 15% discount on the combined premium, but rates vary and discounts also vary by state. It’s important to consider bundling your policies vs. buying from separate companies to see which is the best deal for you.

Insure.com has compiled rate and discount data along with information about Erie to help you decide if bundling with Erie is right for you.

Key Takeaways

Bundling your home and auto with Erie gets you, on average, a 15% discount on annual premiums
The average bundled home and auto insurance rate is $3,332 a year, but rates vary.
Erie is a top-ranked company in our Best Home Insurance Companies of 2024 and Best Car Insurance Companies of 2024.

Erie home and auto bundle overview

The table below shows what you’ll pay, on average, if you bundle your home and auto with Erie. Other than price, third-party ratings are also important. Erie has a low NAIC score of 0.38. This means a low number of complaints have been made against the company — anything below 1 is a good ratio. Erie has an AM Best score of A+, which shows superior financial strength and ability to pay out claims.

Average bundled premium	Savings	NAIC score	AM Best score
$3,332	15%	0.38	A+

Pros and cons of Erie

Here are some pros and cons for Erie, drawn from our Best Home Insurance Companies and Best Car Insurance Companies study for 2024:

Pros	Cons
High customer satisfaction ratings	Only available in a handful of states
High claims handling scores	Digital experience could be improved
Below average prices

How much does an Erie home and auto bundle cost?

The following table shows Erie Insurance rates in a sampling of states before and after bundling. It also shows how much you would save if you bundle your home and auto policies together.

State	Home insurance premium	Auto insurance premium	Premium before bundle	Premium after bundle	Savings
Maryland	$1,921	$2,040	$3,961	$3,285	$674
North Carolina	$4,055	$1,138	$5,193	$4,206	$986
Ohio	$1,875	$1,188	$3,063	$2,933	$131
Pennsylvania	$2,060	$2,177	$4,237	$3,558	$679
Tennessee	$3,031	$1,730	$4,761	$3,908	$853
Virginia	$1,950	$1,272	$3,222	$2,777	$444
West Virginia	$1,752	$1,446	$3,198	$2,654	$543

Home and auto bundle rates from Erie in major cities

The following table shows what average rates you’ll pay with Erie in a selection of major cities across the U.S.

Your ZIP code matters because insurance companies consider several aspects of your location when calculating rates. Weather is a factor, as are traffic and crime patterns. Your city’s claims history also comes into play. The more claims in a certain area, the higher your rates will be.

Cities	Bundle insurance rates
Philadelphia, PA	$4,861
Columbus, OH	$2,810
Charlotte, NC	$3,228
Nashville, TN	$3,866
Memphis, TN	$4,615

Erie home and auto bundle insurance rate comparison

The following table compares Erie to other carriers for home and auto bundling. Erie ranks second for bundle pricing compared to other major carriers, with average premiums of $3,332.

State Farm has the cheapest home and auto bundling rates of $2,853 a year.

Company	Home insurance premium	Auto insurance premium	Premium before bundle	Premium after bundle
State Farm	$2,124	$1,667	$3,791	$2,853
Erie Insurance	$2,378	$1,570	$3,948	$3,332
American Family	$2,347	$1,677	$4,025	$3,340
Auto-Owners	$2,097	$1,789	$3,887	$3,417
Nationwide	$2,809	$1,611	$4,420	$3,643
Allstate	$1,743	$2,875	$4,619	$3,886
Amica	$2,131	$2,621	$4,752	$3,924
Progressive	$2,060	$2,586	$4,645	$4,245
Farmers	$3,364	$2,440	$5,804	$4,693
Travelers	$5,161	$1,823	$6,984	$6,210

Bundling with Erie vs. buying from two different companies

The following table shows the cost of having separate policies with Erie plus another carrier for either your home or auto insurance and whether you’ll save if you bundle.

“Bundling with the major insurers does offer a discount for both the home and auto insurance. However, many companies that offer auto as their primary offer a bundle through a different insurer that may not have competitive rates for homeowners. Their auto insurance rates may be very good, but the homeowner’s insurance rates are well out of line with other well-known companies. You shouldn’t just look at how much you are saving on one policy,” says David Lervig, found of the Insurance School of Texas.

In almost all cases, bundling both home and auto insurance gets you a discount with Erie.

The only scenario we considered where bundling isn’t cheaper is when you buy a separate auto policy with Erie and a home policy with Allstate.

Erie home insurance with auto insurance from a competitor

Company	Home premium	Company	Auto premium	Total cost
Erie	$2,378	Allstate	$2,875	$5,253
Erie	$2,378	Farmers	$2,440	$4,818
Erie	$2,378	Auto-Owners	$1,789	$4,167
Erie	$2,378	State Farm	$1,667	$4,045
Erie	$2,378	Nationwide	$1,611	$3,989
Total cost when bundled with Erie				$3,332

Erie auto insurance with home insurance from a competitor

Company	Auto premium	Company	Home premium	Total cost
Erie	$1,570	Allstate	$1,743	$3,313
Erie	$1,570	Farmers	$3,364	$4,934
Erie	$1,570	Auto-Owners	$2,097	$3,667
Erie	$1,570	State Farm	$2,124	$3,694
Erie	$1,570	Nationwide	$2,809	$4,379
Total cost when bundled with Erie				$3,332

Should you bundle home and auto insurance with Erie?

Erie received the highest customer satisfaction scores in our Best Home Insurance Survey for 2024. Erie also scored high for claims service. Erie has a superior AM Best score of A+ and a low complaint score with the NAIC.

Erie’s home and auto bundling is the third cheapest of the carriers we’ve reviewed, at $3,332 a year. Policies are only available in 12 states, but if you live where Erie is available, it’s well worth considering.

Frequently asked questions

Is it cheaper to have home and car insurance together with Erie?

Yes, bundling your home and car insurance together at Erie gives you an average 15% discount on your annual premiums. However, you may still pay less with separate carriers; it’s important to compare your options.

Is it worth it to bundle home and auto insurance with Erie?

It might be worth it to bundle your home and auto with Erie, depending on your needs and how much the coverage costs for you. In all cases, the discount is worthwhile, but it doesn’t mean it will be the cheapest for you.

What our expert says

Q: Is bundling always cheaper?

David LervigFounder and instructor at the Insurance School of Texas

Methodology

Insure.com commissioned home and auto insurance rates for major carriers from Quadrant Data Services in late 2023. Home insurance rates are based on $300,000 in dwelling and liability coverage and a $1,000 deductible. Auto insurance rates are based on a full coverage policy with 100/300/100 liability limits and $500 deductibles, using the sample profile of a 40-year-old male driving a 2023 Honda Accord LX with a clean driving record and good credit. Quadrant also provided average bundling discounts.