Why Marital Status Affects Car Insurance

If you have a vehicle, you need car insurance. We all know that our driving records, the type of car we own and how far we drive can affect the premiums on our car insurance. Whether you agree or not, your marital status can also affect your car insurance. Why and how does your marital status affect your car insurance?

Statistics say that people who are married tend to be safer drivers than those who aren't married. You might not agree with that, but insurance companies pay attention to statistics. Why does the research deliver these results?

1. Most married people drive together or have children in the car. It is assumed that with someone else in the car, a person is a better driver. This means fewer accidents, which means less money the insurance pays out on your behalf. So, insurance agencies usually consider married people less of a risk to insure.
2. Most married people stay in one dwelling for a period of time. This translates to stability, which insurance companies rely on. If you reside in a stable home, then the research says you are a more stable driver. That is good news for insurance companies, and they often give discounts if you are married.

However, being married isn’t the only way to save on coverage. Many single drivers can still benefit from multi-policy discounts, good driver discounts and more. Call your independent agent to learn more about how you can save on car insurance today.

Are you eligible for savings? Call us today for more information on auto insurance.