Sure, there are financial perks to being partnered up.
you’ve got the option to split living expenses.
You might get a tax break.
The Consumer Federation of America (CFA) calls out the insurance companies that charge more for single people.
Of course, insurance prices fluctuate.
And while it makes sense to change prices based on driving history, other criteria is questionable.
Often, widowed drivers are charged more, too.
The fifth insurer, Nationwide, sometimes increased rates for widows.
The sixth insurer, State Farm, did not vary the rates it charged because of marital status.
Its important to note that the CFA used specific criteria when asking for these quotes.
They assumed the driver was a 30-year-old female with no history of accidents or violations.
Just based on their study, theres no way of knowing how the prices fluctuate when that criteria changes.
And the difference in injury rates was only about one percentage point.
Youll definitely want to give the full post a look.
The CFA lists how much these prices fluctuate in different cities, too.