Although it is probably ridiculous to think that soon-to-be newlyweds would be taking time away from making wedding plans and honeymoon arrangements to ask how much is car insurance going to cost once the knot’s tied, the answer to that question in some cases can be pretty positive. In a new FAQ published on OnlineAutoInsurance.com, the writers discuss how the cost of coverage can be either positively or negative affected by getting hitched.
Apparently, drivers who are married look to be safer drivers on paper, according to state insurance departments who cite insurers’ internal claims data. “Statistically, married couples have fewer accidents than singles and generally pay lower rates,” says the Washington State Office of the Insurance Commissioner.
Source: http://www.insurance.wa.gov/consumers/auto/determineautorates.shtml
And according to State Farm, rates usually drop for men who are under 25 years old when they marry.
However, these scenarios generally only apply to individual policies. If an under-25-year-old male with a clean record marries and combines policies with someone who has two DUIs, multiple speeding tickets and a history of claims, this could negatively affect his cost of coverage.
But barring lead-footed, road-raging spouses, getting married should positively affect insurance prices. One measure that should be taken by newly married couples is to combine policies. Before doing so, it would be best to check the potential savings by going with each spouse’s insurer, as well as with other providers.
To learn more about this and other car coverage issues, readers can go to http://www.onlineautoinsurance.com/quotes/how-much-car-insurance-costs.htm where they will find informative resource pages and a quote-comparison generator that can help shoppers find the lowest prices for a policy. To access the full FAQ, visitors can click on the “Questions” link at the top of any page on the site.
