How your spouse's bad driving record may affect you

If you've recently married the love of your life, congratulations! Love is a wonderful thing; but it can also come with surprises. Do you know what kind of driving record your new spouse has? If not, it would be a good idea to find out.

If your husband or wife has a bad driving record, it will not prevent you from obtaining auto insurance as a married couple, but if your spouse's driving record shows a significant amount of moving violations, citations and/or accidents and insurance claims, that could translate into higher premiums.

Even so, there are things you can do to stave off high auto insurance rates. First and foremost, inquire about any and all discounts you may be qualified to receive.

Among the most likely possibilities, having a car with safety features, like anti-lock brakes and a security system; your own good driving record; and if you and your spouse carry home and auto insurance with the same company, you may qualify for a multi-policy discount. In terms of your car insurance policy itself, raising your deductible may also help bring your premiums down a bit.

Another way to save on auto insurance is to drive fewer miles each year. For instance, if your spouse is able to carpool or take public transportation to work, your premium could be affected. The purpose of your own driving (whether it's for business or pleasure) can also make a difference.

As you begin your married life together, car insurance isn't the only thing you should re-evaluate. It's also a good idea to consider purchasing life insurance since you now have someone depending on your income. Many couples also find it advantageous to combine checking and savings accounts to simplify the handling of their finances.

Courtesy of ARAcontent