Married vs. Single Drivers: Who Pays More for Car Insurance?

Is car insurance cheaper when you’re married or single?

Car insurance for married vs. single drivers

On average, a married driver pays $160 less per year for car insurance than does a single, unmarried driver. While being married doesn’t necessarily make you a better driver, historical data show married couples are more likely to share driving responsibilities than single people. Thus, each driver files fewer claims and presents less risk to an insurance provider. There are some other rating factors that make married drivers cheaper to insure than single drivers. Let’s explore.

 

  1. Car insurance quotes: married vs single
  2. Typical car insurance policy: married vs. single
  3. Additional resources

 

Cheapest insurance providers for married and single drivers

Using a user methodology outlined here, we pulled car insurance quotes for married and single drivers. With all other metrics constant, we discovered that an unmarried driver will pay $80 more for a standard six-month policy than will a married driver.

 

Car Insurance ProviderMarried DriverSingle Driver
Allstate$1,390$1,446
Geico$1,076$1,088
Farmers$1,280$1,472
Liberty Mutual$5,494$6,186
Nationwide$1,113$1,163
Progressive$1,312$1,508
State Farm$1,383$1,383
USAA$816$904

 

State Farm is the only company that does not charge single and married drivers different premiums. Liberty Mutual's rates are considerably different for married and single drivers. On average, single drivers pay $692 more per year because of their marital status with Liberty Mutual. Below are average differences by company based on marital status.

 

Car Insurance Provider
Average Annual Increase for Single Driver
Allstate$56
Geico$13
Farmers$192
Liberty Mutual$693
Nationwide$50
Progressive$195
State Farm$0
USAA$88

 

 

Ready to see rates for your marital status?

 

 

Married vs. single: your insurance policy

Aside from premiums, a car insurance policy can differ in a few ways. Let’s break them down. Bear in mind, there will always be outliers to the data we present. Fair or not, car insurance companies always look at historical data in order to assess clients and price policies.

 

Credit score

Your credit score is a major contributor to determining what you pay for car insurance. Statistical data show married drivers have better credit scores than single drivers. Thus, they typically pay less for car insurance.

Credit Score
Average Annual Premium
Poor$2,502
Good$1,552
Fair$1,689
Excellent$1,207
Below Fair$2,060

 

Homeowner status

Homeowners are considered more financially stable than renters and thus are seen as less-risky clients. Furthermore, because home policies are considerably more expensive than a renter’s insurance policy, bundling will earn an insurance company more revenue. Thus, their multi-policy discount is larger. As you can see with the data below, homeowners — bundling or not) — pay less for car insurance than do renters.

 

Homeowner Status
Average Annual Premium
Renter$1,416
Condo Owner$1,386
Home Owner$1,386
Renter With Multi-Policy$1,339
Condo Owner With Multi-Policy$1,273
Home Owner With Multi-Policy$1,252
 
For more information, see our related articles:

 

Discounts

Married couples tend to qualify for more discounts than single individuals. Multi-driver and multi-vehicle discounts can significantly reduce your premiums. Follow the links below for more information.

 

Additional resources

Regardless of your marital status, the best way to save on car insurance is to shop around. Only by comparing car insurance quotes with different companies can you see which company is the cheapest for you. Enter your ZIP code below to see how much you could be saving.

 

 

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