When most couples think of advancing their relationship, getting a joint auto policy probably isn’t the first thing that comes to mind. However, if you live with your partner, then getting auto insurance together does come with several benefits. Here’s why couples should consider getting joint auto insurance in North, Texas.
Joint auto insurance policies are designed to offer coverage to two separate individuals and their vehicles. Essentially, joint auto insurance is a way for couples to secure the car coverage each partner needs with a single policy.
Up until this point, you and your partner have probably managed your car coverage separately. However, paying premiums on two separate policies can start to add up. When you switch over to a joint policy, your household only needs to pay premiums on a single policy. The biggest benefit of a joint policy is you now will receive a discount for a policy with multiple cars. Not only do joint auto insurance policies save you money, but because your auto insurance is consolidated into a single policy, your coverage also becomes easier to manage.
Joint auto policies are best suited for couples where both people have clean driving records and no gaps in their car insurance coverage. If one or both partners have tickets, traffic violations, or at-fault accidents on their driving record, then joint auto insurance is not advised. This is because the risky driver can end up driving up coverage costs for the more responsible driver. Additionally, you should not secure a joint policy with your partner if they have poor credit as this, too, could end up making your premiums more expensive.
This is what you need to know about joint auto insurance in Carrollton, Texas. Interested in learning more about this car coverage option? If so, then contact the experts at Mike Leonard Insurance Agency. Our dedicated team is eager to find you the right coverage from one of our many carriers, including: Kemper, State Auto, MetLife, Nationwide, Travelers, The Hartford, Safeco Insurance, Progressive, and American Strategic Insurance.