If You’re Engaged, This Company Could Save You $720/Year on Car Insurance
You’re probably overpaying for car insurance. And how would you know, really — do you even know what affects your rate?
We did some digging and came up with one really surprising factor: your marital status.
Now that you’re ready to tie the knot, it could mean cheaper car insurance for you and your… spouse. (Sounds good, doesn’t it?) You can find out how this big change could affect your rate by checking rates through a service called Gabi.
Drivers who’ve never been married are twice as likely to be in a car accident as married drivers, according to a National Institute of Health study.
Why? Well, being married means you’re safer, statistically.
“Married couples have been found to be less active and safer than single drivers, resulting in fewer accidents and claims,” reports Insure.com.
It adds, “Car insurance rates can be from 5% to 15% lower for married couples due to their marital status.”
To make sure you get the best rate you deserve as you move into the next — super responsible — phase in your life, shop around.
Fortunately, Gabi will do it for you, and you don’t even have to fill out any forms. Simply link your insurance account and provide your driver’s license number, and Gabi will go to work.
Once you link your insurance account to Gabi, it will:
- Scan your existing insurance plan.
- Analyze what coverage you have.
- Compare the major insurers’ rates for that same coverage.
- Help you switch on the spot if it finds you a better rate.
Gabi says it finds an average savings of $720 per year for its customers.
It is a true apples-to-apples comparison at the same coverage levels and deductibles you currently have. Once you sign up, you never have to shop again. Gabi’s software has your policy on file and keeps on monitoring for savings as your life continues to change.
Note: Hawaii and Massachusetts are the only states that don’t allow auto insurers to use marital status to set rates.