Allstate vs. Farmers: Auto and home insurance bundling

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Allstate and Farmers are both large insurance companies, and both are good choices for auto and home insurance bundles. Which is better for you depends on what matters most to you and your personal needs.

Allstate’s higher rating from Insure.com, its less expensive bundled auto and home rates, and its strong ratings in customer satisfaction and claims handling reassure customers that it’s a solid choice.

Farmers offers cheaper auto insurance alone and has fewer complaints with the National Association of Insurance Commissioners (NAIC) than Allstate. However, its auto and home bundled insurance is significantly more expensive. Lower base rates for auto insurance, however, might make a difference to those with tickets or accidents on their record.

Compare Farmers vs. Allstate to choose the best home and car insurance bundle for you.

Key Takeaways

Allstate has cheaper bundled auto and home insurance rates than Farmers.
Farmers offers cheaper auto insurance rates bit higher home insurance rates, so your driving record may affect which company is cheaper.
Allstate has higher financial, customer satisfaction and claims handling ratings than Farmers.

Insure.com compares Allstate vs. Farmers for auto and home bundling

Allstate has cheaper home insurance rates, enough of a difference to make it cheaper for home and auto insurance combined even before the bundle discount. Although it has higher financial stability and customer satisfaction ratings, it also received more complaints than Farmers.

Farmers, on the other hand, provides cheaper auto insurance and a larger multi-policy discount. This discount, which applies when you bundle multiple policies with Farmers, can significantly reduce your overall insurance costs.

The discount isn’t enough to make it cheaper overall, but lower base rates for auto insurance could make a difference for drivers with imperfect records. Farmers also doesn’t offer auto insurance coverage in Alaska, Delaware, Hawaii, Louisiana, South Carolina and D.C., and currently doesn’t offer home or auto insurance in Florida.

Insure.com rating comparison for Allstate vs. Farmers

We compare Allstate and Farmers ratings in this table. Allstate scored a 4.24 in Insure.com’s overall rating, while Farmers scored a 3.77. Although Allstate has a higher financial stability rating, it also has many customer complaints.

Comparison metrics	Allstate	Farmers
Insure.com overall rating	4.24	3.77
Best for	Bundling auto and home insurance	Cheaper auto insurance
Customer satisfaction rating	4.15	3.92
NAIC rating	0.90	0.54
AM Best rating	A+	A
State availability*	50 states** and D.C.	44

*States where both home and auto insurance are available.

**Allstate isn’t currently writing new home insurance in California, but bundles are available to current home insurance customers.

Allstate vs. Farmers: Pros and cons

The table below highlights the pros and cons of Allstate and Farmers insurance. For example, Allstate offers cheaper average bundled auto and home insurance rates but has a higher number of complaints. Farmers provides cheaper average auto insurance rates but only offers coverage in 44 states.

Allstate	Farmers
Pros:	Pros:
Cheaper combined home and auto rate	Cheaper auto insurance rates
Higher customer satisfaction rating	Higher multi-policy savings
Cons:	Cons:
Higher number of complaints	Not available in every state
More expensive auto insurance	More expensive home insurance

Allstate vs. Farmers: Which has the most affordable rates?

Allstate has cheaper average home and auto insurance rates when combined, both before and after the discount is applied.

Farmers’ average auto insurance rates are less expensive. However, even with an average savings of $1,111 for multiple policies, Farmers bundled auto and home coverages are around $800 a year more expensive than Allstate.

“My advice on tackling rating differences between companies is to mostly stay with one provider or broker unless it gets to a point where it personally seems unreasonable in cost,” says Zack Pope of David Pope Insurance.

“That varies from person to person, but in general, I would not recommend changing companies unless you save approximately 20% or it’s to reduce exposure due to the company making adjustments to coverages offered on renewal,” he says.

Company	Avg annual auto premium	Avg annual home premium	Total without bundle	Total with bundle	% discount	$ savings
Allstate	$2,875	$1,743	$4,619	$3,886	16%	$732
Farmers	$2,440	$3,364	$5,804	$4,693	18%	$1,111

Allstate vs. Farmers: Auto and home bundle rates by state

While rates and discounts vary significantly by state, Allstate provides the cheapest auto and home rates on average. Check out the table below to see if Allstate or Farmers is more affordable in your state.

State	Allstate -Auto & home before discount	Allstate -Auto & home after discount	Allstate -%Saving	Farmers -Auto & home before discount	Farmers -Auto & home after discount	Farmers -% Saving
Alaska	$4,499	$3,651	19%	–	–	–
Alabama	$3,035	$2,543	16%	$4,668	$3,853	17%
Arkansas	$6,019	$5,065	16%	$6,988	$5,551	21%
Arizona	$4,453	$3,963	11%	$5,332	$4,180	22%
California	$3,506	$3,376	4%	$5,103	$4,216	17%
Colorado	$5,791	$5,131	11%	$8,970	$6,962	22%
Connecticut	–	–	–	–	–	–
Washington, D.C.	$5,828	$4,946	15%	–	–	–
Delaware	$5,331	$4,353	18%	–	–	–
Florida	$8,336	$6,763	19%	–	–	–
Georgia	$4,060	$3,273	19%	–	–	–
Hawaii	$2,568	$2,287	11%	–	–	–
Iowa	$3,883	$3,340	14%	$4,260	$3,522	17%
Idaho	$3,735	$3,014	19%	$3,265	$2,625	20%
Illinois	$5,053	$4,265	16%	$5,453	$4,375	20%
Indiana	$3,950	$3,417	13%	$5,155	$4,257	17%
Kansas	$7,250	$6,307	13%	$9,136	$6,822	25%
Kentucky	–	–	–	–	–	–
Louisiana	$4,852	$4,419	9%	–	–	–
Massachusetts	$4,850	$3,955	18%	–	–	–
Maryland	$4,999	$4,067	19%	–	–	–
Maine	$2,619	$2,130	19%	–	–	–
Michigan	–	–	–	$12,867	$10,235	20%
Minnesota	–	–	–	$4,821	$4,042	16%
Missouri	$5,081	$4,506	11%	–	–	–
Mississippi	$3,820	$3,255	15%	–	–	–
Montana	$5,617	$4,725	16%	$6,314	$5,045	20%
North Carolina	–	–	–	–	–	–
North Dakota	$4,403	$3,620	18%	$6,081	$5,107	16%
Nebraska	$5,998	$5,474	9%	$10,217	$7,629	25%
New Hampshire	$3,200	$2,505	22%	–	–	–
New Jersey	–	–	–	–	–	–
New Mexico	–	–	–	$4,623	$3,716	20%
Nevada	–	–	–	$4,608	$3,655	21%
New York	$5,611	$4,629	18%	–	–	–
Ohio	$3,669	$2,962	19%	$3,708	$3,106	16%
Oklahoma	$5,396	$4,641	14%	$9,430	$7,800	17%
Oregon	$3,689	$3,147	15%	$3,622	$2,909	20%
Pennsylvania	$4,690	$3,778	19%	–	–	–
Rhode Island	$5,076	$3,960	22%	–	–	–
South Carolina	$4,025	$3,473	14%	–	–	–
South Dakota	$5,243	$4,448	15%	$6,257	$5,097	19%
Tennessee	$4,423	$3,696	16%	$5,014	$4,271	15%
Texas	–	–	–	–	–	–
Utah	–	–	–	$3,579	$2,871	20%
Virginia	$4,631	$3,665	21%	–	–	–
Vermont	$3,167	$2,481	22%	–	–	–
Washington	$3,153	$2,560	19%	$3,929	$3,588	9%
Wisconsin	$3,511	$2,950	16%	$3,422	$2,763	19%
West Virginia	$4,316	$3,579	17%	–	–	–
Wyoming	$6,025	$5,018	17%	$4,079	$3,819	6%

*Rate data is not available for both home and auto in all states; however, where rates for either policy are available they have been included for informational purposes.

Allstate vs. Farmers: Customer satisfaction

Both companies have solid ratings for customer service. Based on Insure.com’s survey of insurance customers, 79% of Allstate customers are satisfied, slightly ahead of the 77% of Farmers customers.

Company	Percentage of customers who are satisfied
Allstate	79%
Farmers	77%

Allstate vs. Farmers: Claims handling

Allstate scored much higher than Farmers on claims handling, with 85% of Allstate customers satisfied with claims handling, compared to 73% of Farmers customers.

Company	Percentage of customers who are satisfied
Allstate	85%
Farmers	73%

The bottom line: Allstate vs. Farmers for auto and home bundling

Allstate is a good option if you’re looking for cheaper bundled auto and home coverage. Many of its customers are also satisfied with customer service and claims handling. However, the company has a higher NAIC complaint ratio than Farmers.

Farmers is a solid choice if you’re looking for cheaper auto insurance. However, even its more considerable bundling discount doesn’t make it the less expensive option for auto and home insurance.

It’s important to note that rates will be different for everyone, so comparing your own quotes is the best way to determine whether Farmers or Allstate is cheaper for your personal situation.