Couples May Pay More for Home Insurance Based on Relationship Status

Your relationship status can affect your home insurance costs.

Have you ever wondered if one simple question could change what you pay for home insurance? It might make a bigger difference than you think.

The question is about your relationship status, which insurance companies ask when they give you a quote. You can be single, married, living together, or in a civil partnership.

Data from Which? shows that married homeowners pay the most for insurance, at £213 per year. Cohabiting couples pay £179, those in civil partnerships pay £177, and single people pay £162.

This means that married and single homeowners can have a £51 difference in their insurance costs. However, experts say that just saying you are married does not automatically make your insurance more expensive.

Instead, your relationship status is one of many things that insurance companies look at to decide how much risk you are. They also look at the value of your home, where you live, and what you own.

The difference in insurance costs is more about the type of household you have than your relationship status. Insurance companies price based on how likely you are to make a claim and how much it would cost.

A woman is sorting out her home insurance.

The average home insurance claim in the UK was £4,668 in 2023, which is why insurance companies want accurate information.

Experts also warn that you should be honest when you apply for insurance, because incorrect information can affect your prices and whether your claim is valid. You should compare different insurance policies carefully.

In the end, the question about your relationship status is not just about whether you are married, but about the bigger picture of your finances and lifestyle that insurance companies use to calculate risk.

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