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Finding Better Insurance Plans

After I switched jobs, I knew I would probably be faced with choosing a new insurance policy. I was nervous about the transition, but I knew it had to be better than the plan I had been using at my old job. I started going through the options with the human resources person, and it took me a long time to understand the different options. After a thorough evaluation, I opted for a health savings account, which let me keep a large percentage of what I would normally be paying in premiums every single month. Check out this blog for more information about health insurance plans.

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How Getting Married May Affect Your Auto Insurance Policy

Getting married can change a lot of things in your life, but you might not realize that this event can affect the rates you pay for your auto insurance. In fact, after you get married, you should contact your auto insurance company to let them know that you are now married. When you make this call, you might end up receiving some discounts on your policy, and here are some of the discounts you may qualify for after getting married.

Multi-policy discount

The first thing to understand about marriage is that you are going from just one person in your family to two. If you each own a car, you could combine the policies you have into one. This means that you would no longer each have your own car insurance policy. Instead, you would have one policy that covers both cars. When you combine two cars into one policy, you will likely receive a discount on your policy that is called a multi-car discount. This type of discount is available from most insurance companies.

Married couples pay less

Not only can you get a multi-car discount now that you are married, but you could also qualify for a discount simply because you are married. According to research, people who are married have lower risks of getting into accidents than single individuals. The result of this is that married people pay less for their car insurance, because they receive an automatic discount when they switch their status from single to married.

You might be able to bundle other insurance types for a bigger discount

The other thing to understand is that when you get married, both of you might have other types of insurance coverage you could include in your policy. For example, does your spouse own a house? If so, and if you are moving into it, you could add the house insurance to the policy you have for auto insurance. Combining all coverage into one policy is called bundling, and bundling is a process in insurance that generally results in saving money. If you can do this, you will likely see a difference in your insurance costs.

You might not be able to save hundreds of dollars each year on your car insurance just because you got married, but you might be able to save some money each month. To find out how much you can save, call an auto insurance company today.