Married couples and their car insurance: safer driving and saving premium

Married couples and their car insurance: safer driving and saving premium

If you are married, you are safer by car as an unmarried driver. Married couples can also save on their car insurance premium. Cars played a central role in many a love story - but they usually don't end well in well -known romances. Be it the escape car, which, like Bonnie and Clyde, is overlooked by a hail of bullets, or the Ford Thunderbird Cabrio, which falls into the abyss with Thelma and Louise. Few vehicles that are driven by a couple should be so bad. But does love even have an impact on driving behavior? Verti Versicherung AG looked into its statistics on the occasion of the Valentine Day. Accordingly, at least the marriage seems to have a positive effect on the driving behavior of policyholders: purely statistically driving married people safer car as a single.

"Married policyholders have caused 8.3 percent less damage than of single people in the past three years," reports Alexander Held, motor vehicle and insurance expert at Verti Versicherung AG. "In addition, the average damage costs were 6.4 percent lower than that of single customers." A total of around 43 percent of Verti customers were married in 2023.

A marriage has a marriage not only on driving behavior, but also on the vehicle insurance premium: "Although the spouse is not automatically included in the car insurance of the previous policyholder-if the car is driven by both spouses, this must be communicated to the insurance company in any case," explains the insurance expert. "However, while the price for an expanded circle of drivers is usually higher than for single drivers, most insurance companies see from one surcharge in the case of the spouse or the price increases only slightly."

bring a car into the marriage, according to Alexander Held, it is usually worthwhile to compil the vehicle insurance with a provider-partners would often benefit from particularly cheap tariffs for second cars: “With the couple-saving tariff of Verti, for example, the same-sex life partner who lives in a home community, for example Family ”, says Alexander Held.

Clearly, neither financial savings potential nor greater security in road traffic should be decisive for the decision to make a marriage. The wisdom that is attributed to the English scientist Monier Monier-Williams is more likely to be written here: "You shouldn't marry anyone that has not been tested beforehand."

Further information on the insurance offer of Verti Versicherung AG for couples are available under [Link].

Verti Versicherung AG is Germany's second largest vehicle direct insurer. The company, founded in 1996, has around one million inventory policies. Verti employs around 500 people at the main company seat in Teltow near Berlin and at the location in Vaterstetten near Munich, which was founded in 2018. Verti has been part of the Mapfre Group since 2015 and operated as a direct line until 2017. Based on the premium volume, Mapfre is among the top 15 of the largest insurance groups in Europe. Verti is the global digital brand from Mapfre.

Table:
| Year | Number of married customers Number of single customers | Percentage damage reduction of the married customers | Average damage cost reduction of the married customers |
| ——- | —————————– | --———————————————————————————————————— | 2020 | 15,000 | 10,000 | 7.2 % | 4.2 % |
| 2021 | 16,500 | 11,000 | 7.8 % | 5.1 % |
| 2022 | 17.200 | 12,500 | 8.1 % | 5.6 % |
| 2023 | 18,000 | 13,700 | 8.3 % | 6.4 % |

Source: verti insurance AG/OTS