So many blogs and articles cover how a married couple should combine their auto coverage to save money. In today’s blog, Western Insurance Associates explains what to do about car insurance when you get a divorce. While many couples’ top concern probably centers around dividing their Spokane home and assets, consider auto insurance before signing the final decree.
Divorce Nullifies Auto Coverage if You Share a Policy
When a couple divorces, both spouses must purchase new auto insurance policies if they share one. As soon as the couple signs their divorce decree, their shared auto coverage ends. Before signing the decree, each spouse must purchase standalone auto coverage to remain a legal driver on Washington’s roads.
Beware of Sticker Shock
Divorce can also affect insurance rates. While getting married makes a person more stable in the eyes of actuaries, divorcing does the opposite. Ending a marriage can increase the premiums for both former spouses.
Why It’s Important to Buy Your New Policy Before Signing
For some couples, an amicable divorce results in embarking on a new life. Don’t begin that new chance at happiness with a ticket from a police officer for driving without insurance. Avoid those costly tickets by taking care of your new auto policy before you sign the divorce papers.
Schedule an Auto Insurance Review Today
Call or email Western Insurance Associates today to schedule an auto insurance review. Use this as an opportunity to check your auto coverage and update it. Let us help you remain legally insured on Spokane, WA streets and the roads of the U.S.
