Best and Cheapest Home and Auto Bundle Insurance Companies in 2022
Table of Contents
Key
Takeaways
MoneyGeek found that a State Farm package offers the best combination of quality service and affordability .
The two widely-available companies most likely to have cheapest home and car insurance bundles are State Farm and Allstate .
When you bundle family and car policy, the costs average at $ 2,739 per year, while the unbundled policies cost an average of $ 3,288 per year.
The Companies With the Best Home and Auto Bundles
MoneyGeek scored indemnity companies based on aggregate measures of affordability and overhaul for both products and found that State Farm offers the best home and car insurance bundle .
- State Farm: MoneyGeek score of 90 out of 100
- Allstate: MoneyGeek score of 86 out of 100
If you are in the military or have a military background, USAA is an excellent choice, receiving a perfect score due to its cheap rates and alone service reputation.
The Best Home and Auto Bundles
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- ship’s company MoneyGeek Score ( out of 100 ) Bundle Affordability Score ( out of 5 ) Auto Satisfaction Score ( out of 5 ) Home Satisfaction Score ( out of 5 ) fiscal Stability Score ( out of 5 )
- 1. USAA 100 5 5 5 5
- 2. country grow 90 4.9 3 4.1 5
- 3. Allstate 86 4.6 3 4.2 4.5
- 4. Travelers 82 4.2 3 3.8 5.0
- 5. countrywide 76 3.6 3 4.4 4.5
- 6. Farmers 68 3 3 4.6 4
Winner for Best Bundle: State Farm
pros
This is an icon The cheapest widely-available home plate and car policy package due to its huge bundle discountThis is an icon stellar customer satisfaction ratings, specially for home insurance
cons
This is an icon by and large offers fair the standard car and homeowners indemnity coverages
COMPANY HIGHLIGHTS
On average, State Farm offers one of the biggest pile discounts at 25 % and annual agio of $ 2,534 after discounts. Considering that State Farm home and car policy policies are relatively low-cost to begin with, this makes it one of the most low-cost bundles around. And you ‘re getting great value for your money excessively, as it has a leading customer servicing reputation, particularly for homeowners indemnity. state farm does n’t offer some of the common optional coverages that early insurers might offer, such as accident forgiveness in car indemnity ,. But it does offer the big ones such as wayside aid and lease cable car reimbursement for car insurance, and home plate system protective covering and service line coverage for homeowners indemnity. Overall, State Farm will offer good overhaul at a dear price with most of the coverages you need for home and car .Read MoneyGeek’s State Farm Auto Insurance Review
Runner-up for Best Bundle: Allstate
pros
This is an icon low-cost home indemnity and median car policy costs are made relatively bum with the bundle discount rateThis is an icon Higher dwelling indemnity customer satisfaction than State Farm
cons
This is an icon Allstate cable car indemnity may be expensive for some drivers
COMPANY HIGHLIGHTS
Allstate is neck and neck with State Farm for the best bundle. Both have great customer satisfaction ratings, but Allstate is not quite as low-cost on average due to a lower bunch dismiss. Allstate may be a better equip for shoppers who want coverages outside of the standard fare offered by most insurers. For example, Allstate offers New Car Replacement, which is a great coverage for those with holocene car models. And home insurance policyholders can benefit from its declining deductible, where your deductible fall $ 100 every year you do n’t make a claim .Read MoneyGeek’s Allstate Auto Insurance Review If you want to make a comparison of the best home and car insurance companies individually, MoneyGeek has resources for that excessively :
- Top Car Insurance Companies
- Top Homeowners Insurance Companies
The Best Home and Auto Bundle Discounts
The average home and car bundle discount across all insurers is 17 %, which can mean significant savings for customers. State Farm has the largest share dismiss at 25 %. In contrast, USAA has the smallest average deduction in percentage terms at 8 %, when compared to purchasing both policies from the insurance company individually. however, the biggest discount doesn ’ thymine constantly mean the cheapest quotation mark for home and car insurance. For exemplar, USAA may offer the smallest average rebate, but it ’ s besides the cheapest policy overall, with the full bundled premium averaging $ 2,513. Farmers offers a 19 % rebate when you bundle the two policies, but it ’ s besides the most expensive bundle at roughly $ 3,157 per year — $ 418 more than the national average of $ 2,739.
The Cheapest Home and Auto Bundle Companies
It ’ s important to remember that the best discount rate percentage-wise doesn ’ triiodothyronine constantly mean the best savings in dollars if you ’ re looking for the lowest overall price for car and homeowners policy. We found USAA to be the cheapest for home and car bundles at an average annual cost of $ 2,513 and State Farm the runner-up at roughly $ 2,534. however, USAA is merely available to active-duty military members, veterans and their families. Allstate comes closest to State Farm ’ second rates at roughly $ 2,625 for a multi-policy bundle for car and homeowners insurance.
The Cheapest Home and Auto Bundle Quotes
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- company home and Auto Bundle Annual Rate
- 1. USAA $ 2,513
- 2. submit grow $ 2,534
- 3. Allstate $ 2,625
- 4. Travelers $ 2,775
- 5. MetLife $ 2,938
- 6. nationally $ 2,951
- 7. Farmers $ 3,157
MoneyGeek Top Pick
State Farm On average, State Farm offers the biggest bundle rebate on the market, making it the cheapest-widely available home and car indemnity bunch and the cheapest overall after USAA. You may be to get an even cheaper quote by taking advantage of all available discounts. For case, State Farm offers most of the common discounts early car insurers do such as multiple cars insured, safe drive, anti-theft engineering and passive restraint discounts.
The Cheapest Non-Bundled Combination of Home and Auto Insurance
bundle discounts are much the best way to save on car and homeowners insurance, but in rare cases, you ’ ll get better savings by combining companies and not policies. The entirely combination we found to beat State Farm ( $ 2,534 ) and USAA ’ sulfur ( $ 2,513 ) bundle rates was combining Travelers home policy with USAA car indemnity for a sum average premium of $ 2,471 per class. For those without entree to USAA, the cheapest bunch on average is a combination of Nationwide and Travelers, but even that match is hundreds of dollars more expensive than most other insurers would offer with a package rebate. price is not the only gene to consider when patronize for policy quotes. Consider a company ’ south customer gratification levels, service scores and fiscal forte ratings as well if you ’ rhenium looking for more than just low-cost coverage at gloomy rates.
The Cost of All Non-Bundle Home and Auto Insurance Combinations
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- car Insurance Company home Insurance Company annual Rate Unbundled
-
USAA
Travelers
$2,471
-
USAA
Allstate
$2,594
-
USAA
MetLife
$2,640
-
USAA
Nationwide
$2,846
-
USAA
State Farm
$2,849
-
USAA
Farmers
$2,879
-
Nationwide
Travelers
$2,921
-
State Farm
Travelers
$2,988
-
Allstate
Travelers
$3,029
-
Nationwide
Allstate
$3,045
-
Nationwide
MetLife
$3,091
-
State Farm
Allstate
$3,112
-
State Farm
MetLife
$3,158
-
Nationwide
USAA
$3,192
-
Allstate
MetLife
$3,198
-
State Farm
USAA
$3,258
-
Travelers
Allstate
$3,290
-
Allstate
USAA
$3,299
-
Nationwide
State Farm
$3,300
-
Nationwide
Farmers
$3,330
-
Travelers
MetLife
$3,336
-
State Farm
Nationwide
$3,363
-
State Farm
Farmers
$3,397
-
Allstate
Nationwide
$3,404
-
Allstate
State Farm
$3,407
-
MetLife
Travelers
$3,432
-
Travelers
USAA
$3,437
-
Allstate
Farmers
$3,438
-
Farmers
Travelers
$3,491
-
Travelers
Nationwide
$3,541
-
Travelers
State Farm
$3,545
-
MetLife
Allstate
$3,555
-
Travelers
Farmers
$3,575
-
Farmers
Allstate
$3,615
-
Farmers
MetLife
$3,661
-
MetLife
USAA
$3,702
-
Farmers
USAA
$3,762
-
MetLife
Nationwide
$3,806
-
MetLife
State Farm
$3,810
-
MetLife
Farmers
$3,840
-
Farmers
Nationwide
$3,866
-
Farmers
State Farm
$3,870
The Cheapest Insurance Bundles by State
Both car and home insurance are unique to each state, which means that policy price is specific to each express. The cheapest home average premium may not be the cheapest rate you can get where you live. Our data shows USAA is the cheapest to bundle in 14 states, while State Farm’s pile rates for car and homeowners insurance are cheapest in 13 states. Allstate comes in third with the cheapest rates in 9 states. But when comparing quotes and rates in your state, you may find that premiums vary widely.
The Cheapest Home and Auto Bundles by State
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- state Cheapest company annual Rate runner-up annual Rate
-
Alaska
USAA
$1,545
State Farm
$1,716
-
Alabama
Farmers
$1,555
Allstate
$1,597
-
Arkansas
USAA
$2,754
Farmers
$2,779
-
Arizona
USAA
$1,881
Nationwide
$1,936
-
California
Allstate
$1,870
USAA
$1,892
-
Colorado
State Farm
$3,037
Allstate
$3,278
-
Connecticut
USAA
$2,339
State Farm
$2,417
-
Washington D.C.
State Farm
$2,026
Allstate
$2,195
-
Delaware
State Farm
$1,792
Nationwide
$1,934
-
Florida
Travelers
$3,090
State Farm
$3,152
-
Georgia
USAA
$2,435
Allstate
$2,905
-
Hawaii
State Farm
$1,190
Allstate
$1,292
-
Iowa
Farmers
$1,822
State Farm
$1,877
-
Idaho
MetLife
$1,346
USAA
$1,413
-
Illinois
Allstate
$1,969
Travelers
$2,169
-
Indiana
Allstate
$1,768
State Farm
$1,833
-
Kansas
State Farm
$3,205
USAA
$3,532
-
Kentucky
USAA
$2,145
State Farm
$2,317
-
Louisiana
State Farm
$3,871
USAA
$4,916
Read more: Geico Auto & Home Insurance Review
-
Massachusetts
State Farm
$1,562
MetLife
$1,811
-
Maryland
Allstate
$2,356
USAA
$2,718
-
Maine
MetLife
$892
State Farm
$1,311
-
Michigan
USAA
$2,751
Allstate
$6,508
-
Minnesota
State Farm
$2,826
Farmers
$3,001
-
Missouri
USAA
$2,319
State Farm
$2,333
-
Mississippi
Travelers
$2,103
Allstate
$2,204
-
Montana
USAA
$2,905
State Farm
$2,993
-
North Carolina
Travelers
$1,627
Nationwide
$1,761
-
North Dakota
Allstate
$1,978
MetLife
$2,362
-
Nebraska
MetLife
$2,401
Allstate
$2,669
-
New Hampshire
State Farm
$1,310
USAA
$1,418
-
New Jersey
MetLife
$2,305
Allstate
$2,358
-
New Mexico
Allstate
$1,970
State Farm
$2,127
-
Nevada
USAA
$2,084
Travelers
$2,130
-
New York
Allstate
$3,854
USAA
$4,137
-
Ohio
State Farm
$1,452
Allstate
$1,544
-
Oklahoma
Allstate
$3,328
Farmers
$3,502
-
Oregon
MetLife
$1,281
Nationwide
$1,527
-
Pennsylvania
USAA
$1,803
State Farm
$2,268
-
Rhode Island
State Farm
$1,305
Allstate
$3,007
-
South Carolina
State Farm
$1,854
Allstate
$1,883
-
South Dakota
Farmers
$2,465
State Farm
$2,486
-
Tennessee
State Farm
$2,228
USAA
$2,343
-
Texas
Farmers
$2,792
Allstate
$3,542
-
Utah
Farmers
$1,485
Nationwide
$1,583
-
Virginia
Nationwide
$1,321
State Farm
$1,453
-
Vermont
Allstate
$1,319
State Farm
$1,400
-
Washington
Travelers
$1,771
USAA
$1,798
-
Wisconsin
USAA
$1,531
State Farm
$1,561
-
West Virginia
USAA
$1,720
State Farm
$1,971
-
Wyoming
USAA
$1,373
State Farm
$2,506
Should You Bundle Home and Auto Insurance?
Most of the time, it ’ randomness cheaper to bundle car and home indemnity with the like supplier. The biggest advantage to an car and homeowners indemnity package is how much you can save due to the pack dismiss, which is 17 % on average. It besides can be more convenient to pay alone one company for multiple policies. however, it may be cheaper to have separate car and home policy providers in some cases. MoneyGeek ’ randomness analysis found that Travelers is a systematically low-cost homeowners choice that can beat bundle discounts. For example, we found that it was cheaper to get a combination of USAA car and Travelers home insurance than a USAA bunch. For non-USAA drivers, there are other instances where not bundling is cheaper than bundling with an expensive insurance company. For example, Nationwide car and Travelers home coverage costs less than a Nationwide or Farmers bundle. MoneyGeek found five other combinations of insurers that are cheaper than the Farmers bundle. It ’ s important for shoppers to be mindful that though bundle is much the most low-cost choice, bundles from certain companies — such as Farmers Insurance — can be quite expensive. If you have high car rates because of inadequate credit or a bad drive read, you might besides find that keeping both divide is better for your wallet. The best way to know if you should bundle home and car is to compare quotes with and without bundling from at least three companies to see what combination of coverage is the cheapest for you. Loading …
How To Bundle Home and Auto Insurance the Right Way
Follow these steps to maximize your savings with a car and homeowners policy pile : 1
Know your coverage.
Review your current policies to know how much coverage you have. That way, you can get quotes for the lapp coverage limits. 2
Get quotes.
Contact your current indemnity company. then comparison patronize with three or more early policy companies for home and car coverage. Ask for bunch quotes and individual quotes to compare. 3
Ask about discounts and deductibles.
Ask which discounts they offer so you can save the most. Some companies besides offer a individual deductible for your home and car if both are damaged in the like incident. 4
Shop annually.
Rates frequently change, so complete this process every year or two to ensure you ’ re getting the best deal.
Frequently Asked Questions About Insurance Bundles
home and car indemnity bundles are some of the most coarse discounts in the insurance industry. hera are some of the most common questions about them :
It depends on your definition of best. Balancing affordability for a pile of dwelling and car policy and customer satisfaction ratings for both policies individually, MoneyGeek found that State Farm offers the best dwelling and car policy. If you ‘re part of a military class, USAA is an excellent choice besides .
One of the reasons State Farm is the best bundle is that it offers the cheapest home and car policy combination, with an modal rate of $ 2,534 per class. Allstate and Travelers are besides low-cost options. You should shop around and compare bundled and non-bundled combinations to see which is cheapest for you.
Expert Advice: Bundling Home and Auto Insurance
- Is it constantly worth bundling home and car insurance policies with the like company ?
- Are there any downsides to bundling home and car indemnity ?
- What other types of policy policies can shoppers typically pack with either home or car insurance ?
David Hart executive in Residence at Oklahoma Wesleyan University
Matthew Hall Assistant Professor of Marketing, College of Business at Oregon State University
bet on Kemsley VP of Sales & Investment Advisor Representative at Oxford Wealth Advisors
Dr. Wendel Weaver Dean of the Chesapeake Energy School of Business at Oklahoma Wesleyan University
Arati Kale adjunct Professor at Providence College
Li Cai Associate Professor of Finance at IIT Stuart School of Business
John Alpers Assistant Professor of Business, Carson-Newman University
Heidi Petschauer, CIC President, Petschauer Insurance
Dr. Patrick Bernard Washington Associate Professor of Finance
Derek Tharp Assistant Professor of Finance ; Ph.D., CFP, CLU, RICP
Georg Grassmueck Department Chair and Associate Professor of Business Administration at Lycoming College
Iverson Gandy, Jr., JD adjunct Professor, Brimmer College of Business and Information Science at Tuskegee University
Dr. Nan Zhu Associate Professor of Risk Management at the Smeal College of Business, Pennsylvania State University
Ngozi Nnaji, MS Adjunct Professor at Goodwin University, Principal of Ako Brokerage Services, LLC
Paul D. Smith Assistant Professor of Business and Entrepreneurship at Newberry College
Frank Tian Xie John M. Olin Palmetto Chair Professor in Business and Professor of Marketing at The University of South Carolina, Aiken
Dr. Jeanette Landin Associate Professor at Landmark College
Dr. Fan Fei Assistant Professor of Business at Northwestern College
Chuck Lopez lecturer at the University of Hawaiʻi at Mānoa
Clint Haynes President, Certified Financial Planner® at NextGen Wealth
Sahar Bahmani Professor of Finance at the University of Wisconsin, Parkside
Qianying ( Jennie ) Zhang Assistant Professor of Finance and Economics at Hillsdale College
Janine Sam, Ph.D., CFP® Assistant Professor & Financial Planning Program Director at Shepard University
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Michael B. Keeler Certified Financial Planner and Chief Executive Officer of Peak Financial Solutions
Vivek Singh Ph.D. Richard E. Czarnecki Endowed Collegiate Professor II, Professor, Finance at the University of Michigan, Dearborn
John M. Gehri Vice President of Financial Planning at Harvest Financial Advisors
Jeff Jeter Executive Director of Financial Planning at Heritage Investors
Justin Green, CFP® Founder & Financial Planner at Assist Financial Planning
Randall Wall Certified fiscal Planner ( TM ) Professional
Gregory A. Kuhlemeyer, Ph.D. Professor of Business Finance at Carroll University
Gene McGovern, CFP® Principal, McGovern Financial Advisors, LLC
Ryan Marshall Partner, CFP®, AIF® at ELA Financial Group
Becky Walen, AFC, CFP, MSFP SVP, Market Development Director at Bell Bank Wealth Management
James Brau Joel C. Peterson Professor of Finance at the BYU Marriott School of Business
Jill Carr Financial Advisor, CFP, CPA at Stephens Wealth Management Group
Jack Riashi, Jr. CFP®, Financial Advisor at Bloom Advisors
Brian Whitaker Senior Director, Client Services at Laird Norton Wealth Management
Dr. Elizabeth Manser Payne assistant Professor in Marketing at the University of South Dakota
David Marlett Managing Director of Brantley Risk and Insurance Center, IIANC Distinguished Professor of Insurance at Appalachian State University
Leon LaBrecque JD, CPA, CFP®, CFA, Executive Vice President, Chief Growth Officer at Sequoia Financial Group
Dr. Christopher Newman Associate Professor of Marketing at The University of Mississippi
Acie Middleton fiscal Coach CMC® CFEI at Rebel Financial
Jeff Gale fiduciary Financial Advisor, CFP®, CRPC®, with Willamette Financial Advisors, LLC
Matt Bacon CFP® practitioner with Carmichael Hill and Associates
Kathleen M. Fish CFP®, President of Fish and Associates, LLC
William Bevins, CFP® CFTA investment Advisory Representative of Cypress Capital
Susan Mitcheltree Financial Advisor and Equity Partner at Berman McAleer
Cristina Briboneria, CFP®, AWMA®, ADPA® Managing Director, Private CFO® at oxygen Financial
Ashley Burrell CFP®, Investment Operations Manager at Meld Financial, Inc .
Kerry Jackson CFP®, CRPS®, CSLP, Partner and Director of Financial Planning at Fish and Associates
Brent Weiss foreman Evangelist, CFP, and Co-Founder of Facet Wealth
Dr. Samuel Sarri Economics, Finance, Philosophy Professor at the College of Southern Nevada
Ervin Starr, Ph.D. Professor of Management and Strategy at Roberts Wesleyan College
rich curtis senior Lecturer at Charles H. Dyson School of Applied Economics and Management of Cornell University
Jeff Seungmo Hong Associate Professor of Business Management at Borough of Manhattan Community College
Ekenna Anya Gafu, CFP®, AAMS® headman Financial Officer and Director of Planning at Bay Street Capital Holdings
Steve Hengehold Certified Financial Planner and Retirement Income Certified Professional with HCM Wealth Advisors
Emily Wood director of Financial Planning at Connecticut Wealth Management
Carrie Cook, CFP®, CRPC® Founder & CCO of What About Us Financial, LLC
Jacqueline Schadeck CFP® at Apex Financial Services, Inc .
Nazneen Ahmad Associate Professor of Economics at Weber State University
Michael Weglarz Associate Professor of Risk Management and Insurance
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Coty Brawdy, CRPC®, APMA®, CEPA® Vice President and Wealth Advisor of Goldman Sachs Personal Financial Management
Richard Elias CFP®, AWMA® at Rodgers & Associates
tyler Harkins Insurance & Risk Advisor at Duncan Financial Group
Lydia P. Sheckels CFP®, CLU, ChFC, Partner, CIO Emeritus and Senior Financial Advisor at Wescott Financial Advisory Group LLC
Linda Marie Nolin, MBA, ACB director of Graduate Business Programs & Professor of Practice in Business at Anna Maria College
Miguel Vicéns consort Dean of the School of Business and Associate Professor of Finance at the western New Mexico University
Jim Drinkwine adjunct Professor at Whatcom Community College
Noa D Stroop Adjunct Professor at Cumberland University
Dr. Chinyere Emmanuel Egbe Professor at Medgar Evers College ( CUNY )
Xu Xu, PhD, CFP® Associate Professor of Economics and Data Analytics at Henderson State University
Dick Verrone executive in Residence of Finance, Cameron School of Business, University of North Carolina Wilmington
Pavel Yakovlev, Ph.D. Associate Professor of Economics, Palumbo Donahue School of Business at Duquesne University
Dr. Kip Pirkle entrepreneur and Consultant
Thomas W. Hall Associate Professor of Finance and Economics at Christopher Newport University
Victor Ricciardi Visiting Assistant Professor of Finance at Washington and Lee University
Dr. Debra J. Dean President & CEO at Dean Business Consulting, LLC
Steve Fan Associate Professor in Finance at the University of Wisconsin-Whitewater
Cathy McCrary Assistant Professor of Accounting at Georgia Gwinnett College
Karl Kluegel
Dr. James Weisel Professor of Accountancy at Georgia Gwinnett College
Peter H. Huang Professor and DeMuth Chair of Business Law at the University of Colorado Law School
Dr. Robert Ramirez Faculty Chair and Business Professor at DeVry University
Dr. Andy Terry Professor of Finance at The University of Arkansas at Little Rock
Rachel Davidson Agency Owner, Licensed Insurance Agent for Alabama, Georgia and Florida
Chris Brune Associate Professor of Finance at Ouachita Baptist University
Dr. Zachary Klingensmith Visiting Professor of Economics at Washington & Jefferson College
Mathew S. Isaac, Ph.D. Professor of Marketing, Albers School of Business and Economics at Seattle University
Stacy Mastrolia Associate Professor of Accounting at Bucknell University
Daniel Ford teacher of Economics and Business Administration at Southern Maine Community College
Bob Cunningham Associate Professor & Chair, Business and Economics at Alma College
Ben Brewer Assistant Professor of Economics at the University of Hartford
Phuvadon Wuthisatian Assistant Professor of Finance at Hastings College
Kim Madsen faculty Member ( Business ) at Kellogg Community College
Huimin Li Assistant Professor of Finance at the University of New Hampshire
Sean Spence Adjunct Professor in the School of Business at George Mason University
Cathy Duffy Associate Professor, Stiller School of Business at Champlain College
Scott C. Berryman Trust Attorney at First Nebraska Trust company
John M. Mason, CFP® President and Senior Financial Planner at Mason & Associates, LLC
Read More on Car Insurance
Methodology
MoneyGeek compiled hundreds of quotes for the biggest indemnity companies in the country and scored bundle packages based on affordability ( 55 % ), car policy customer satisfaction ( 15 % ), home insurance customer satisfaction ( 15 % ) and fiscal constancy ( 15 % ). Costs for the policies were based on the limits determined in MoneyGeek ‘s car indemnity methodology and home insurance methodology. About the author
Mandy Sleight is a master freelancer writer and licensed indemnity agentive role. She has her property, casualty, life, and health licenses and has been working in the industry since 2005. Mandy has worked for well-known insurance companies like State Farm and Nationwide Insurance, and most recently as the Operations Coordinator for a start-up employee benefits company. Mandy earned her bachelor of Science degree in Business Administration and Management from the University of Baltimore and her Master in Business Administration from Southern New Hampshire University. She uses her huge cognition of the policy industry and personal finance combined with her writing background to create easy-to-understand and engaging content to help readers make smart choices with their budget and finances.
Read more: Best car insurance companies for 2022