How Does Marriage Affect Your Car Insurance Choices?

Car insurance might not be the first thing that crosses your mind when you get engaged to your partner, but you should know that getting married does have an impact on your car insurance and it is something that you will need to consider as a couple. Keep reading for all that you need to know about the impact of getting married on your car insurance.

How Marriage Affects Car Insurance Premiums

The good news is that getting married will often make your car insurance cheaper, which is just another benefit of tying the knot! Generally, statistics show that married drivers do not make as many claims and this means that married drivers are often offered lower car insurance premiums. If you are taking out a new car insurance policy, insurers will usually ask if you are married or not as this is personal information that is used to determine the price for your policy. If you get married while under contract, you will need to let your insurer know even if you do not change your name (you may have to send a copy of your marriage certificate).

When Should/Shouldn't You Combine Policies

Many married couples also decide to combine their policies into one. A couples policy will involve having both cars covered on the same policy and can be cheaper than two separate policies, but this is not always the case. Combining policies is a good idea if you are both low-risk drivers with a good driving history. If one driver is a higher risk, you might find it cheaper to go with two separate policies.

Is it Cheaper to Get a Multi Car Policy?

Multi-car insurance is a good option for married couples that is worth looking into. Essentially, this involves having two or more cars on a single policy with the same insurance provider and this often works out to be cheaper than having two separate policies. You will get all the benefits of a standard policy and a discount for every new car that is added to the policy. These policies are designed to be cheaper, but keep in mind that there are many factors that determine price, so you should always shop around and compare your options.

Life can change in a lot of ways when you get married, including your car insurance. It may not be the most pressing matter, but you should sit down and talk about car insurance because you might find that you can save money when you get married. You could also look to combine car insurance policies into a multi-car insurance policy that could help you to make big savings and have the convenience of having all vehicles covered under one policy.