Understanding The Auto Insurance Implications Of Marriage
As you prepare to say, “I do” to the one you love most, you likely have a great deal of planning measures and considerations on your mind. However, one common area of neglect that simply cannot be ignored is the car insurance implications of marriage. Gathered is all the must-know information regarding auto insurance after marriage:
- Studies show that those who are married are involved in fewer accidents than those who remain unhitched, meaning you may be able to get lower rates. Many insurance companies offer a newlywed discount for those who have recently tied the knot.
- If you are wondering whether or not it is time to combine auto insurance policies with your new spouse, it is important that you do some research. This means reviewing each of your driving records and coverage history. Our experienced agents are ready to help. Merging can land you a substantial discount, as long as neither of you have any discrepancies that may negatively impact your rates. For example, if your spouse has multiple tickets and at-fault collisions listed on their existing policy, it may be more cost-effective to keep the policies separate.
- If after your review the two of you decide to keep your policies separate, it may be beneficial for you to add a driver exclusion to your policy.
- To ensure that you are not left with any surprises after the big day, take a moment to contact your auto insurance provider to determine which would be the most cost-effective route to take regarding your coverage on the open Connecticut roads.
Contact North American Underwriters in Farmington for all of your Connecticut auto insurance needs. If you and the love of your life are planning on walking down the aisle in the near future, please do not hesitate to give us a call so that all of the insurance implications of this milestone can be covered beforehand.