How Car Insurance for Married Couples Works

Shopping for car insurance is often an extensive process. There are a lot of variables that go into finding the right policy. Love is a factor. Here is a look at how getting married may impact your auto insurance rates.

Research conducted by the Consumer Federation of America shows that auto insurance agencies charge lower premiums for married people. The data leads insurers to believe that married people are low-risk drivers compared to single people. Insurers also look at married people as safer drivers because they likely own a home. This gives you an opportunity to bundle your home and auto insurance together. On average, married couples pay about $80 less than the average premiums for individual policies.

  • Popular Discounts

While you research car insurance near me, look for popular discounts. Discounts are small on their own. However, qualifying for several discounts can lead to substantial savings. If you have a good driving record, you should qualify for a good driver discount. If you have paid off your vehicle, you may qualify for a paid-in-full discount. If you have the latest security upgrades on your vehicle, you should qualify for an anti-theft device discount. If you prefer online billing, you can receive a paperless billing discount. Driving your vehicle on a limited basis helps you qualify for a low mileage discount.

  • How To Find The Best Rate

Before choosing a policy, try to get quotes from at least three different companies. It’s a good idea to compare quotes from multiple insurance companies periodically. This allows you to make an informed decision.

  • Comparing Quotes

As you start comparing quotes, make sure that you have all of the necessary information regarding who will be on the policy. Make sure that you have all of the personal information, including your spouse’s date of birth, occupation, and driver’s license number. If you and your spouse are driving the same vehicle, make sure that you document the purchase date, mileage, make and model, VIN, and the age of the vehicle. You should also have information about your and your spouse’s driving records.

  • Finalizing The Quote

Once you have obtained all of the necessary information, inform the insurance company of your location, preferred coverage level, claims history, and mileage.

Consult With Schwab Agency

While researching coverage, remember that some car insurance agencies require additional coverage besides the minimum. If you feel that searching for car insurance is overwhelming, the team here at Schwab Agency will assist you.

 

 

 

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