when actuarial tables attack

How Removing Your Late Spouse From A Car Insurance Policy Raises Your Premiums

How Removing Your Late Spouse From A Car Insurance Policy Raises Your Premiums

Statistically, married people are safer drivers than unmarried people, and car insurance premiums vary accordingly One of the things that Dan had to take care of after his wife died was taking her off the car insurance policy. While the GEICO employee he spoke to was very kind and helpful, his new premium caught him by surprise. Removing his wife from the policy didn’t cut it in half: it raised it by ten percent. [More]