1. 21750 POINTS
    Jim WinklerPRO
    CEO/Owner, Winkler Financial Group, Houston, Texas
    That is a great question! There are some really important decisions for you to make when it comes to your insurance policies now. Here are some things to consider:
    1.) Don't forget to change the beneficiaries on your life insurance policies to reflect your new spouse. If something were to happen to you, wouldn't you want them to get the money?
    2.) Look at your auto insurance policies - shop both companies and see who will offer the cheaper rate for you, if your spouse were to be added to your respective policy. Consider the advantages of consolidating your renters/homeowners policy there also, to gain bigger discounts.
    3.) Your marraige qualifies as a life event that allows you to switch your health insurance coverage. Whose policy is cheaper to add the other to? Check into that also.
    You can save a bundle, with just a few phone calls. I hope you find that true for you. Congratulations, and may God bless and keep your marriage! Thanks for asking!
    Answered on May 27, 2015
  2. 63084 POINTS
    Peggy MacePRO
    President and Senior Agent, Outlook Life, Most of the U.S.
    I cannot speak for other types of insurance, but when it comes to life insurance, getting married may or may not result in savings on your life insurance policies. Some policies do offer a spouse rider or discount when husband and wife apply, but I can almost always save money for the couple by putting each spouse with the carrier that has the lowest prices for their particular health details. Also, if you already have a reasonably priced policy with many years left on it, replacing it may not be in your best interest.

    Consulting a reputable agent by phone or in an office can help you determine how to save money and still get the most suitable coverage for you and your new spouse.
    Answered on May 27, 2015
  3. 37396 POINTS
    David G. Pipes, CLU®, RICP®PRO
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    In California there isn’t a discount available for married people. Single drivers pay the same as married drivers based upon their years of experience and driving record. Life Insurance policies are available to joint lives regardless of the marital status. Homeowner’s policies, likewise, do not lower the cost for married couples as opposed to other arrangements. Marriage may be an asset in many regards; however, it does not enjoy lower costs in the insurance world.
    Answered on May 27, 2015
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