subject: How Marriage Affects Your Auto Insurance [print this page] If you are married and you need automobile insurance, you can expect to see some discounts depending on your driving and credit record. The thinking behind this theory is, most married couples are suppose to be more responsible and settled down. The potential to drive carelessly has been eliminated.
Driving history is a major consideration in the determination of car insurance premium, thus insurance cost will be higher if either of the married drivers is classified as a bad driver. Whether one or both have a bad driving record, you still have a high-risk attached to your automobile insurance policy.
For the most part, car insurance covers all drivers in a household whether married or not. Thus, it is disadvantageous to include a household driver among those who is allowed to drive the insured car because it can cause higher premium payments. It may be wise for the spouse with the bad driving record to take a safety drivers course to help lower the cost of the insurance premium.
Usually, individuals bring into their marriage their own cars with different insurance coverage. In this situation, the couple should make a side by side comparison of their respective insurance policies to decide on a common insurance company or opt for a new one altogether. For their added information, insurance premium rates are based, among others, on age, marital status, educational attainment, driving record and credit rating.
Car owners who get good grades on the check list of the insurance company can expect more favorable terms and premium rates on their insurance policies. Married people who for one reason or another revert to single status can expect a reevaluation of their insurance policy and possible higher car insurance rate. Most people do not find this to important when considering their impending divorce, but widower's sometimes find this to cause a financial burden.
Some interesting facts about car insurance and married couples are that no matter what your age, if you are married you receive a discount for being married. If you combine all your insurance needs into one package after you are married, you receive a better deal on insurance rates. The way of the world today offers more incentives to marry then to stay single, even though some single people actually may be a better driver than a married couple may. It can be contended that marital condition should not be a basis when assessing the premium payments of the insured.
The different insurance premium rates offered by insurance companies are available online for individuals looking for the most advantageous car insurance covers. Always remember the cheapest insurance might offer the same coverage you have been used to as a single person, so adding more coverage may be required.
by: John Kline
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