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Does Marriage Affect Car Insurance Premiums?

Posted By Jim On 06/30/2008 @ 6:02 am In Cars,Insurance,Personal Finance | 26 Comments

When I was younger, I always thought that there were two things that really made a big difference in your insurance premiums:

  • Turning 25,
  • Getting married.

Everyone always told me that my premiums would drop when either one of those things happened because they were strong indicators of safety. Right before I turned 25, I recorded my premiums and then compared them to the premiums after I turned 25. I discovered that my premiums fell by a whopping 20% just for turning 25 [3].

So, when I got married to the most wonderful woman in the whole wide world this year, I thought my insurance premiums would fall as a reward for making her an honest woman. As I went to make adjustments to my policy last week, I discovered there was no field for marital status! I’m not a rocket scientist but something says that I won’t be getting another insurance discount because I can’t even tell Geico I got married.

I went to Kanetix, where I did a series of comparisons to see how personal details affected your premiums [4], and that form had marital status (quite detailed options too) so I’m surprised Geico didn’t care. Is this true for other insurers as well or was I looking in the wrong place?

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[3] my premiums fell by a whopping 20% just for turning 25: http://www.bargaineering.com/articles/auto-insurance-25-year-milestone-revealed.html

[4] how personal details affected your premiums: http://www.bargaineering.com/articles/effects-of-changing-personal-insurance-details-on-premiums.html

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