How To Save Money by Bundling Auto And Motorcycle Insurance
SmartFinancial Offers Unbiased, Fact-based Information. Our fact-checked articles are intended to educate insurance shoppers so they can make the right buying decisions. Learn More
Bundling refers to having multiple policies with the same provider. You can bundle your motorcycle and car insurance, allowing you to save on your coverage. Bundling all of your plans with the same provider makes managing your policies more convenient. How much you save by bundling will differ from one insurance company to another. Below, you’ll find out the top insurance providers who offer bundling discounts for motorcycle and car insurance as well as a list of information you’ll need in order to insure one or both of your vehicles.
Can You Bundle Auto and Motorcycle Insurance?
You can bundle motorcycle insurance and auto insurance. Doing so usually results in a discount on your coverage, though the amount will be different from one carrier to another. Do some research and see which insurance company offers you the best rates. Maybe it’s the company you’re already with. If so, add your car or motorcycle and start saving. Keep in mind, however, that the discount you get is not the only consideration. You may find an insurance provider that offers amazing rates on motorcycle and auto insurance but has very poor customer reviews when it comes to filing claims, payouts and customer service in general. Make sure you go with the carrier that will save you the most money and will help you when you need assistance.
Should You Bundle Your Auto and Motorcycle Insurance?
You should bundle your policies when possible, including if you have a car and a motorcycle. Below are a few of the key reasons why bundling is a good idea.
Bundling Saves Money
The biggest reason to bundle is it will save you money. How much you save will depend on your insurance provider. The more policies you have with a single insurance company, the more you save. You may notice when searching for bundling discounts that some insurance carriers don’t use the word “bundle.” Instead, you will see “multi-policy.” This is the same thing and many insurance companies have this discount.
Bundling Makes Managing Your Insurance Convenient
Another reason to bundle is you will have your policies with one company. You’ll be able to review your coverage, check the status of your claims and make payments all through a single carrier. You won't have to worry about dealing with multiple providers.
Shopping Around Can Help Save You More
Look to see if other companies offer better discounts on bundling than the one you're insured with. Rates will change over time. The insurance company you have now may be more expensive six months to a year from now, so shop around to make sure you’re getting the savings you want.
Best Car and Motorcycle Insurance Bundles
There are several insurance providers that offer discounts for bundling motorcycle and auto policies. Note that carriers will not always label these discounts as “bundles,” but as “multi-policy” discounts. The insurance companies below all have discounts for those who insure their motorcycles and cars through the same provider.
Founded in 1931, Allstate has become one the largest insurance companies in the USA, covering Americans in every state. Their financial strength is excellent, with an AA- S&P rating and an A- with the Better Business Bureau.
American Family Insurance was founded in 1921. They have excellent financial strength, an A S&P rating and an A+ with the Better Business Bureau. They provide insurance in the following states:
- North Dakota
- South Dakota
Nationwide has been around since 1925. The company was originally formed to offer low-cost auto insurance to farmers in Ohio. Today, Nationwide offers motorcycle insurance in 43 states and auto insurance in 46 states and the District of Columbia. They also have excellent financial strength, and A+ S&P rating and an A+ with the Better Business Bureau.
Beginning in 1928, Farmers Insurance has grown to be a heavy hitter in the insurance industry, offering coverage in 42 states. With excellent financial strength, an A S&P rating and an A+ with the Better Business Bureau, Farmers Insurance is one of the leading providers in the country.
Liberty Mutual has longevity on its side, having been around since 1912. They provide coverage in all 50 states and the District of Columbia. They also have excellent financial strength, an A S&P rating and an A- with the Better Business Bureau.
How Much Can You Save by Bundling Auto and Motorcycle Insurance?
The amount you save by bundling your insurance will vary from the products being insured, your location and the insurance provider you’re getting coverage through. Contact your insurance carrier and ask what bundling discounts they have for your motorcycle and car.
How To Bundle Car and Motorcycle Insurance
Bundling your motorcycle and car insurance is a fairly easy process. Start by finding a provider that offers both types of coverage. See if they offer a multi-policy or bundling discount for insuring motorcycles and cars. Remember to check with your current provider too. They may already offer the best bundling discount.
Once you’re ready for a quote, provide the insurance company with the following information:
- The address where both vehicles are registered
- The current mileage of the vehicle being insured
- The date you purchased the vehicle
- The use of the vehicle (business or personal)
- The Vehicle Information Number (VIN) for one or both vehicles depending on what’s being insured
- Your driver’s license number
- Your name and date of birth
- Your prior insurance carrier if applicable
Based on this information, along with the deductible you choose, the carrier will calculate your insurance rates and give you a discount for insuring both vehicles.
If you need auto insurance or are looking for new coverage, SmartFinancial can help get the coverage you need. Enter your zip code below or call 855.214.2291 to receive free auto insurance quotes from agents in your area offering the lowest rates.