Yes, getting married typically leads to lower car insurance premiums. Insurance companies view married individuals as statistically lower-risk drivers compared to single drivers. This is based on extensive actuarial data that correlates marital status with more stable driving habits and fewer claims. On average, married couples can see their premiums decrease by about 5% to 15% after updating their marital status with their insurer.
The primary reason for this discount is risk assessment. Data consistently shows that married drivers tend to be more cautious, drive fewer miles annually, and are involved in fewer serious accidents. This perceived stability allows insurers to offer lower rates. It's not just an automatic discount; it's a reflection of the statistical profile you now fit into.
| Supporting Data: Average Premium Impact After Marriage | |
|---|
| Average National Premium Decrease | 7% |
| Typical Range of Decrease | 5% - 15% |
| Potential Savings for a 25-year-old driver | $150 - $300 per year |
| Highest Impact Age Group | Drivers under 25 |
| State with Highest Observed Average Decrease | Ohio (approx. 10%) |
| Common Requirement to Qualify | Joint policy with spouse |
To actually get the lower rate, you must proactively inform your insurance company about your marital status. This change doesn't happen automatically. When you call, you might also explore bundling your auto policy with your spouse's policy or your homeowners/renters insurance, which can lead to even more savings through a multi-policy discount.
It's important to shop around. While most companies offer a marriage discount, the percentage can vary. Getting quotes from several insurers after you're married is the best way to ensure you're getting the most significant possible rate reduction. The savings can be particularly substantial for young drivers under the age of 25, who are typically placed in the highest-risk category by insurers.
