Insurance facts and statistics for married couples

Insurance facts and statistics for married couples

by Nick Reiter, June 30, 2022

Summertime means fun in the sun for most. It’s also wedding season, with June and September typically the busiest months. If you’re getting married, or even just considering it, it is worth considering the impact marriage has on many aspects of your life, including your finances and insurance.

Both marriage and the divorce rates are declining, according to the latest census data. The cost of divorce continues to rise, however, between attorney’s fees and settlement costs. Most people may not give too much thought to how their insurance needs change when going through a major life event, such as marriage or divorce. Understanding the impact of combining insurance and households could help save you some financial headaches down the road.

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