MotoRefi Announces Auto Loan Re-Finance/Insurance Bundling

The insurance industry is all about convincing customers to bundle their policies putting all their coverage in the hands of one carrier. Now MotoRefi is shaking up that long-standing practice by offering a new option—bundling insurance with auto loan refinancing.

 The Washington D.C.-based startup announced the move Monday at the Money 20/20 fintech conference in Las Vegas. When a consumer comes to the MotoRefi website to seek a better deal on their car loan, they'll also have the opportunity to be connected with an insurance carrier that may also offer lower coverage costs.