Car insurance for separated couples can be complicated — let's take a look at how to handle your policy.
It can be a challenge to sort out your finances during a separation — car insurance included. Let’s unravel how to handle car insurance during a separation.
If you and your spouse live together after your separation, the easiest option is to leave your car insurance policy alone. Most likely, you share a policy and a residence, and it makes sense to keep the policy as is.
If your spouse has moved out or you'd like your own insurance policy, next steps will depend on who is the primary named insured (PNI) or policyholder. Only the owner of the policy or PNI will be able to make changes to the policy. If you're the PNI, you can call the insurance company and request your spouse and their vehicle be delisted from the policy.
If you’re not the PNI, you won’t be able to remove a driver while maintaining control of the policy. However, you should be able to remove yourself and potentially your vehicle, freeing yourself to create a new policy at your new address.
Take the following steps to control your car insurance during a separation:
This process can be a bit more confusing if you share vehicles.
If you and your spouse bought a vehicle together, deciding how to handle car ownership after the separation can be tricky. Once you agree on who will take ownership of the vehicle, the other driver should be removed from the car's registration, title, and insurance.
If your spouse is keeping the vehicle, they will be able to remove you from the title and registration through their state’s DMV. Documentation will vary by state, but should be straightforward.
Remove yourself from the title, registration, and insurance as soon as possible to avoid confusion or shared responsibility for a vehicle that is no longer yours.
Both parents will need to contribute to their childrens' car insurance costs. If your child will be using both parents' vehicles regularly, they’ll need to be listed as a covered driver on both policies at your new addresses. Car insurance companies need to be aware of each driver on the policy in order to provide accurate pricing. A teen driver presents substantial risk, as they’re statistically more likely to get into an accident and file a claim.
If you’re worried about finding affordable car insurance with a teen driver, we’ve taken care of some of the legwork. Using methodology outlined here, we discovered the cheapest car insurance companies for a teen driver and a single parent are USAA and Nationwide.
|Auto Insurance Company (alphabetical order)||Average Monthly Insurance Rate with Teen Driver|
The best way to find cheap car insurance is to shop around. Enter your ZIP code below to find out which company can offer you the best coverage at a competitive price.