Getting married is a big milestone in anyone’s life. There are many changes that come with marriage, including changes in your auto insurance rates. Many people don’t realize that getting married can affect their auto insurance rates, but it’s true. In this article, we will discuss how getting married affects your auto insurance rates and what you can do to save money on your premiums.
Why does getting married affect your auto insurance rates?
When you get married, your auto insurance rates can change for a few different reasons. The main reason is that insurance companies see married individuals as more responsible and less likely to get into accidents. This is because married individuals are often seen as more stable and less likely to engage in risky behavior like speeding or drinking and driving.
Another reason why getting married can affect your auto insurance rates is that insurance companies often offer discounts to married couples. These discounts can vary depending on the insurance company, but they can be significant and can help you save money on your premiums.
How much can you save on your auto insurance rates when you get married?
The amount you can save on your auto insurance rates when you get married varies depending on a few different factors. These factors include your age, driving record, and the insurance company you are with. On average, however, you can expect to save around 5-10% on your auto insurance rates when you get married.
It’s important to note that not all insurance companies offer discounts to married couples, so it’s important to shop around and compare rates to find the best deal.
What other factors can affect your auto insurance rates when you get married?
While getting married can have a positive effect on your auto insurance rates, there are other factors that can also affect your rates. These factors include:
- Your spouse’s driving record
- The type of car you drive
- Your location
- Your credit score
If your spouse has a poor driving record, for example, this can negatively affect your auto insurance rates. Similarly, if you drive a sports car or live in an area with a high crime rate, your rates may be higher.
What can you do to save money on your auto insurance rates when you get married?
If you’re looking to save money on your auto insurance rates when you get married, there are a few things you can do:
- Shop around and compare rates from different insurance companies
- Take advantage of any discounts offered by your insurance company for married couples
- Consider combining your policies with your spouse to get a multi-car discount
- Take a defensive driving course to show your insurance company that you are a responsible driver
Conclusion
Getting married can have a positive effect on your auto insurance rates, but it’s important to remember that other factors can also affect your rates. By shopping around, taking advantage of discounts, and being a responsible driver, you can save money on your auto insurance rates and enjoy your new life as a married couple.