NEW YORK, June 30, 2020 /PRNewswire/ -- Insurance is
an important part of a couple's financial life, and although some
aspects, like shopping around for insurance, don't cause too much
friction, some couples do experience conflict when filing claims
and selecting providers.
In a recent survey conducted by ValuePenguin, 39% of married
couples experienced arguments over insurance and nearly a quarter
hadn't spoken to their partner about insurance at all. According to
our findings:
- 39% of married couples have argued or disagreed with their
spouse over insurance. The two primary sources of
disagreement were which insurer to use (16%) and making a claim
(11%).
- More married couples have joint policies for auto insurance
than they do for health insurance. Nearly three-quarters
of married Americans have a joint auto policy, while just over half
share the same health insurance policy.
- Older Americans are more likely to share auto insurance
policies with their spouse, while people under 50 are more likely
to share health insurance policies. This is partly because
older Americans may be on Medicare, in which each person has a
separate policy.
- Nearly a quarter of married consumers have never discussed
or reviewed insurance policies with their spouses. These
couples could be missing out on savings, but even more important,
they may not be adequately covered as their lives change.
To view the full report, visit:
https://www.valuepenguin.com/insurance-married-couples-survey
About ValuePenguin.com: ValuePenguin.com, part of
LendingTree (NASDAQ: TREE), is a personal finance website that
conducts in-depth research and provides objective analysis to help
guide consumers to the best financial decisions. ValuePenguin
focuses on value, assessing whether the return of a particular
decision is worth the cost or risk of that option, and how this
stacks up with the other possible choices they may have. For more
information, please visit www.valuepenguin.com, like our Facebook
page, or follow us on Twitter @ValuePenguin.
Media Contact:
Nadia
Gonzalez (Mrs.)
Nadia@LendingTreeNews.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/insurance-is-a-source-of-conflict-for-39-of-married-americans-according-to-valuepenguincom-survey-301086033.html
SOURCE ValuePenguin.com