How Your Relationship Status Can Pay Off in Auto Insurance Savings

By: Sukhdeep Singh | Views: 1006 | Date: 04-Aug-2011

Did you know that your relationship status can actually have an effect on your auto insurance? You must be scratching your head right now, wondering how we connected one to the other. But we’re here to tell you that it’s true!

It may be the wackiest correlation ever, but didyou know that your relationship status can actually have an effect on your auto insurance Youmust be scratching your head right now, wondering how we connected one to theother. But we’re here to tell you that it’s true! According to foxbusiness.com,Jesse Levey, a marketing agent from California,recently saved about $200 a year on car insurance when he declared on hispolicy that he had a girlfriend. Upon adding his girlfriend to his insurancepolicy, the company immediately reduced his yearly premium by $200! You may bewondering how he managed to accomplish this; here’s how he did it.

When Levey included his girlfriend on his insurancepolicy, the carinsurance company immediately examined her record alongside his. Theyfound out that not only did Jesse have a good driving record, but so did hisgirlfriend. It perfectly made sense for Jesse to put in his girlfriend in thepolicy as they live together, and logically, she would be the one driving hiscar from time to time.

So, does this tell us that being in a loving andcommitted relationship immediately means a lower insurance rate? Here’s thelowdown: Girlfriends are more beneficial to boyfriends in the insurance sense,because they are seen as “less risky” drivers compared to their partners.Insurance companies generally view women as more cautious and safe driverscompared to men. In the same way, insurance companies also view couples asbetter risks compared to single individuals.

In fact, women are so often perceived as better orsafer risks that a lot of insurance companies offer discounts to familypolicies, which may not only include “normal” families, but even unrelatedpeople who live under one roof. I guess the presence of a woman will not onlymean there is a safer driver in the home, but there will be someone who willencourage the rest of the family members to be more cautious on the road too!

What’s even more surprising is that getting marriedcan bring down one’s car insurance even more. Being in a commitment that isconsidered legal in the eyes of the law speaks of being responsible, and itsupposedly follows that people in a committed relationship will take theirspouse’s advice and warnings into account, especially about driving.

However, there is a catch to all this. A man’sinsurance policy is lowered if he is dating or gets married to a woman with afantastic driving record. If he goes the opposite route and ends up withsomeone with a history of accidents and tickets, then his insurance premium isbound to shoot up. As a final note, it would also be good to look into thefamily that you are marrying. If this family has an atrocious driving record,then you may be in danger of inheriting that and having it reflect throughhigher insurance rates.


SamBriones is a freelance writer who covers an array of topics from finding cheap auto insurance to safety tips.

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