Car Insurance & Marriage

Embarking on the journey of marriage doesn’t just mean sharing a life together—it also means sharing in the perks, including surprising savings on car insurance. Rate Retriever’s research has shown that tying the knot can lead to discounts of up to 53% on auto insurance premiums. 

Why the significant savings? Insurance companies often view married couples as lower risk, attributing it to a variety of factors such as shared financial responsibilities, stability, and statistically safer driving habits compared to single individuals. 

So, as you exchange vows and start your journey as a married couple, don’t forget to double check your car insurance rates. According to our research, the cheapest national company for married couples in 2024 is Progressive, with an average annual premium of just $1,307, and Nationwide and Auto-Owners Insurance not far behind.  

The amount of savings you achieve will – of course – depend on several factors including how many cars are on your policy, the state you live in, and the auto insurance company you are working with. It is also important to remember that not every state takes marital status into account while setting rates.  

Be sure to keep your car insurance company in the loop about this exciting life change and you may end up saving big because of it!