Auto Insurance after You Tie the Knot

Getting married is a lot of work, undoubtedly. Aside from the wedding planning, you also have to figure out the arrangements to combine two households into one. This usually involves making some sort of change to your auto insurance. Here’s the good news: married people pay less for car insurance. No, car insurers don’t have a special place in their hearts for people who take vows; it’s just that married people are statistically less likely to crash than their single cohorts. And you thought love was the only reason to get married! In this post, we’ll walk you through handling your auto insurance arrangements after your nuptials.

Auto Insurance Tips for Married Couples

Here are a few suggestions to see you through the process:

• Review your policy and your spouse’s policy. You will need to check out the coverage each of you has in order to decide which insurance company to stay with. Look at the level of coverage, the cost of premiums, the customer service, and the discount you would receive from each company for being married.
• If neither of you is happy with your existing policy, find a new one together. If both of your existing car insurers fail to satisfy, shop around for a new company. You might be able to get better coverage for lower premiums, especially now that you’re married.
• Insure both of you and all of your cars. Make sure you have two drivers on the policy as well as the car or cars you will be driving. You’re also in luck by having multiple cars—some auto insurers give a multiple-car discount on policies.
• Don’t stop at the marriage discount. You can get very valuable discounts besides the married-people discount when buying auto insurance. For example, you will probably need to be purchasing a home insurance policy soon. To qualify for the multiple-policy discount, you might consider getting your homeowners and auto insurance from the same company.