Am I being overcharged for my policy?
My wife has never had a license, but my insurance company has her listed on my policy with a valid license. I went online and got a preview of what an updated policy would cost by changing her to a “list-only” status and I saw that it would lower my premium by nearly $150. Would this really lower my rate that much? I am confused as to why they have her listed as excluded with a valid driver's license when she won’t be driving my vehicle at all. Have I been overcharged this whole time?
Many companies require that if you are married and live with your spouse, you must list them on your policy as a driver, whether they drive your vehicle or not. Since your wife is not licensed, I would suggest shopping around for a policy with a company that does not require that spouses be listed. Talk to one of our licensed agents to find the best provider by calling 888-444-8949.