At Foresee General Insurance Agency Inc., we extend our best wishes to all happy couples embarking on marital bliss in Harrison, AR. Many couples combine their auto insurance upon marriage as it often decreases premiums. However, things don’t always go as planned.

When Couples Should Combine Auto Insurance

If both spouses have good driving records, their premiums are generally quite affordable. Marriage reduces perceived risk for insurance underwriters because statistics show that married people tend to drive safer than single. As a result, auto insurance premiums typically lower further when couples combine policies.

When to Keep Your Auto Insurance Separate

Combining auto insurance isn’t always a good idea, as exemplified by the TV show The Closer, which features Brenda and Fritz. On the show, Fritz gets pulled over for drunk driving while single, which can increase insurance rates due to the loss of DUI/DWI points. When Brenda inquires about joint insurance premiums, she finds them more expensive than her current plan.

The TV show illustrates real insurance industry realities: Marriage may not decrease premiums if either spouse has a poor driving record. It’s best to glean lessons from these fictional scenarios to prevent real-life insurance issues.

How to Approach Insurance and Marriage

Before tying the knot, have an open conversation about each spouse’s financial history and future goals. Know that building a plan based on honesty sets you on the right track. If you’ve been found negligent in an accident, received a DUI/DWI, or have a poor driving history for any other reason, inform your future spouse.

Contact Foresee General Insurance Agency Today

Once you’ve decided on your auto insurance approach, reach out to Foresee General Insurance Agency Inc. We serve Harrison, AR residents by providing them with the necessary insurance. Give us a call today.