Let’s be honest: auto insurance can be complex. And when a topic is complex, myths tend to swirl around it. For example, is it true that auto insurance is less expensive if you are married? Keep reading to find out.
Is Auto Insurance Less Expensive if You Are Married?
The short, simple answer is yes, in general, auto insurance tends to be less expensive if you are married. For example, a 2015 study by the Consumer Federation of America found that auto insurance rates “are almost always higher for single, separated, and divorced drivers than for married drivers.”
But why do married couples pay less for auto insurance? The answer lies in one of the insurance industry’s favorite concepts: risk. Insurance companies love low risk and dislike high risk. And since data shows that married people are less likely to drive recklessly, insurance companies reward them with lower rates.
Of course, your marital status is far from the only variable that comes into play when determining your auto insurance premiums.
Other factors include the car you drive, how much you drive, where you live, and the deductible you choose. So don’t expect to automatically pay more or less for auto insurance based solely on whether you’re married or not.
How To Lower Your Auto Insurance Premiums
Whether you are single or not, lowering your insurance costs is always worth a shot. Here are some strategies you can use to save on auto insurance.
- Choose a higher deductible. But be careful: you don’t want your deductible to be so high that you can’t afford to pay it when you make a claim.
- Ask for multi policy discounts. Some carriers will give you a discount if you bundle your auto insurance with your homeowners or boat insurance.
- Install anti theft devices. Check with your insurance agent to find out which devices help you qualify for a discount.
For other fun and interesting questions about auto insurance, check out our previous blog, “Does the Color of Your Car Determine your Auto Insurance Rates?“
Delgado’s Insurance: Affordable Auto Insurance in California
If you need dependable and affordable insurance in the Golden State, look no further than Delgado’s Insurance.
We have locations in Riverside, California, and Bloomington, California. Get in touch today by telephone (951-361-0084, 909-421-9003), email (mail@delgadosinsurance.com), or through our social media accounts (Facebook, Twitter)!
