You’ve found the love of your life, you’ve said, “I do,” and now you’re starting your married life together. And with all of the excitement of moving in together, perhaps buying a house, or even having a baby, many newlyweds forget about important aspects to their legal and financial security such as car insurance coverage. However, taking timely action to review your car insurance coverage and, if necessary, adjusting it can save you a lot of money and stress in the long run.
Adjust Your Car Insurance Coverage to Reflect Your Married Situation
Auto insurance policies for single drivers usually don’t provide the same amount of car insurance coverage as those for married couples. But it’s important to realize that when you’re sharing a life together—with all the financial responsibilities of providing for one another and any children you have or expect to have, as well as making mortgage payments—so you’ll need to adapt your car insurance coverage. It’s sad but true: if either of you is involved in an accident that incapacitates you for any amount of time, renders you unable to work, or, in the worst case scenario, takes your life, you’ll need adequate car insurance coverage. In addition, if you combine your assets in your marriage, other parties in an accident can sue you for much more than when you were single. It’s clear that without adequate car insurance coverage, a single accident can rob you and your loved ones of a happy future.
Auto Insurance Policies for Couples
Once you’ve assessed the financial responsibilities of married life, it’s time for the good news: if you’re married, or in a registered partnership or civil union, you qualify for a lower rate with most reputable car insurance carriers. Extensive research over the years has proven that the “married” demographic are the more responsible drivers and car owners, which is why insurance carriers offer reductions on car insurance coverage to couples who are married or living together. In addition, when you roll your individual auto insurance policies into joint coverage, you’ll most likely get a significant discount, which sometimes even results in the lowest car insurance rates altogether. Another way to save more money is to get a multi-car and multi-driver discount if you and your spouse both drive each others cars as well as your own.
Find the Lowest Car Insurance Rates with AgentInsure
Of course, when you’re just married, you have more on you mind than spending hours looking for the best car insurance coverage deals. That’s where AgentInsure can help. For almost a decade, AgentInsure has been helping consumers find the best car insurance coverage rates. AgentInsure lays out the different quotes for you side-by-side, so you can easily review them and choose the policy that best fits your needs and your budget. Request your free quote from AgentInsure today to get the best deals on car insurance coverage for married couples!
Do I need to Personal Injury Protection (PIP) Coverage on my Auto Insurance Policy?
Not everyone must buy personal injury protection, but it's certainly a beneficial addition to your auto insurance policy, should the coverage be provided in your area. Personal injury protection, o...
Read More →
Can I Keep the Auto Insurance Claim Money and Repair the Damage Myself?
When you make a claim on your auto insurance after an accident or an incident that caused damage, you will receive funds to make repairs after an estimate is obtained for the cost. If you do not ha...
Read More →
Am I able to Change My Home or Auto Insurance Policies Mid-Term?
As you searched for your current home or auto insurance policy, you probably did the "right thing" and compared prices before you settled on the policies which you bought. Now, you're mid-term with...
Read More →