It is always a good idea to compare rates before choosing to have separate policies. If you want to have separate insurance policies, with access to each other's cars, then each spouse will need to include the other on their insurance policy. Insurance companies may void your policy if they find out someone excluded from the policy is driving. Keep in mind, however, if you choose to exclude your spouse from your insurance policy, they should also avoid ever driving your personal vehicle. However, unless you specifically exclude your spouse from your policy, your rates could still increase, since the insurance company assumes they will drive your vehicle sometimes. Costly sports cars can be expensive to insure. Even if you and your spouse have good driving records and credit scores, you may decide to keep separate policies if one spouse drives a vehicle worth more. If one spouse works primarily from home, and the other spouse has a long commute into a high-risk city, you may decide to keep your policies separate.
Each spouse's commute length and destination can also affect rates. If your spouse has a bad driving record with numerous traffic violations or a low credit score, it may make sense to keep separate policies. One spouse drives an expensive sports car.There are a few situations in which married couples may choose to have separate insurance policies, according to. When to Choose Separate Insurance Policies Most state laws require policyholders to list all household members since they will usually have access to the vehicle. It ensures you are both covered when driving the other's vehicle.Įven if you and your spouse decide to have separate car insurance policies, you may still be required to list each other on your policy.It allows you to bundle other insurance policies for even bigger discounts.Bundling your policies may also offer you other benefits. This is because insurance companies not only charge lower rates for married couples, but you can also qualify for multi-vehicle discounts. If you and your spouse have a good driving record, the savings you may qualify for can be significant. Combining policies can qualify couples for discounts and lower rates. However, it usually makes sense to do so. Married couples do not have to combine insurance policies. Can Married Couples Have Separate Car Insurance? Combining policies will usually provide you with the best rates but some couples may find that it makes sense to keep their own policies. If you plan to marry someone with a less-than-perfect driving record, you might wonder if you can keep your insurance policies separate.
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