Is Car Insurance Cheaper If Married?

  1. 2777 POINTS
    Terry A. McCarthy, CLU, ChFC
    President, Insurance Associates Agency Inc., West Chester, OH
    In the three states I operate within the answer is an easy YES. Some states have enacted "essential insurance" laws to minimize or eliminate differences in rates based upon sex for youthful drivers. However, marriage is a long understood marker of stability and companies once used similar indicators to give underwriting guidance to an application.
    Answered on February 1, 2015
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  2. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    Each state insurance commissioner has jurisdiction over the manner in which auto insurance rates are determined. In California the state constitution has been amended to limit the rating factors. Marital status is not one of the factors considered in California. In other states, marital status is considered. Check with your state insurance commissioner to determine how it is handled in your state.
    Answered on February 2, 2015
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