A high risk job title doesn’t necessarily mean you’re likely to make more claims
The paradox is that even if your problem claim puts you into a high gamble category for car insurance, available data doesn ’ t necessarily show that you ’ re more probable to make an at-fault claim than drivers in early professions. To examine this in more detail we studied some research carried out by GoCompare earlier this year. This is Money published partially of that research, listing the occupations most and least likely to affect your insurance premium .
Top 10 occupations that can hike your car insurance premium
The jobs most likely to increase your premium revealed some unexpectedly high risk, higher cost professions .
- Fruit and vegetable pickers
- Waiters
- Builder’s labourer
- Factory packers
- Painter
- Car valet
- Security guard
- Construction worker
- Barber
- Delivery courier
other occupations typically known to pay higher premiums are journalists, chefs and entertainers .
Top 10 jobs for cheaper insurance
- Retirees
- Secretary and PA
- Clerical assistant
- Local government officers
- Medical secretary
- Secretary
- Classroom aide
- Book-keeper
- Legal secretary
- Police officer
It ’ randomness interesting that many of the jobs on this list are traditionally filled by women. Since the EU directing on sex equality made it illegal to price car policy differently for men and women, some insurers get around this by making certain jobs a lower risk factor alternatively .
Who causes the most accidents?
Another separate of GoCompare ’ s research, published in a Which ? article, looked at things from a quite different angle. Which ? focused not indeed a lot on the occupations that GoCompare considered the highest hazard, but which were most probably to make an at-fault claim. And if you thought the two lists ought to be more-or-less the lapp, you ’ vitamin d be in for a storm .
Occupations with the most at-fault claims
- General practitioner
- Claims adjuster
- Hospital consultant
- Hospital doctor
- Surgeon
- Health visitor
- Mortgage broker
- Optometrist
- Speech therapist
- Insurance consultant
fabulously, seven out of the top ten-spot in this list work in healthcare in some shape or another. A theory has been put forward that healthcare workers have such a high number of accidents because of the stress associated with workers in this sector. 
And least likely to make an at-fault claim..?
- Barman
- Picker
- Packer
- Carpet cleaner
- Despatch driver
- Car dealer
- Car wash attendant
- Painter
- Garage manager
- Book seller
The eagle-eyed among you may have noticed that respective of the occupations on the list of most likely to increase your premium besides featured in the number of occupations least probable to make an at-fault claim ! Pickers, packers and cable car valet / cable car wash attendants may be feeling slenderly indignant and certain healthcare professionals rather relieved, at this apparent anomaly ! We reached out to Martyn John, GoCompare ’ s PR director, for comment on their research findings. ( It should be pointed out that GoCompare doesn ’ t actually set premiums, so these are just Mr John ’ sulfur theories based on his cognition of the car indemnity industry. )
- “While certain professions may have a higher volume of claims on average – the costs of those claims could be fairly low. For instance, two small bumps in a car, with no injuries and only costing a few hundred pounds – may not impact premiums as much as one £15,000 write off. So frequency of claims may not correlate exactly in the way someone might expect.
- “Claims are just one of a list of variables that go into a car insurance policy. Driving history, location, vehicle details are also significant factors – while medical professionals may have more claims on average, they may be less likely to have a conviction – or may drive at better times or park in areas where there are less instances of car theft/vehicle damage.
- “Age is usually one of the most significant factors in car insurance – in most cases we discount students from these pieces of research (as it’s not an ‘occupation’ as such, and it often skews the data – this includes medical students). Many jobs that over-index for younger people (bar staff is a good example) tend to carry higher average premiums due to this. By and large most qualified medical professionals tend to be older than what would be considered a “young driver”, so premiums are likely to be lower. Usually a 35 year old with a claim and conviction will still likely have a lower car insurance premium than an 18 year old with a clean licence.”
This makes a lot of sense. nothing is always merely black and whiten and the same is surely true when it comes to pricing car insurance. When you boil it all down, the bottom trace is that while it can seem worth tweaking your problem title to see if it makes any remainder to a quotation mark, it ’ south just one of many factors an insurance company takes into account. Taken in isolation, your occupation doesn ’ t necessarily make you more likely to have an accident, or to make an expensive at-fault claim, but statistically, you may share some characteristics with drivers who are .
Tweaking your job title for cheaper insurance
If you do test the affect of different job titles on the cost of car insurance, bear in judgment that your express occupation must accurately describe your profession. For model, you might find that a “ proof reader ” is a lower risk than an “ editor program ”. A “ legal secretary ” might pay less than a “ law salesclerk ” while a “ café actor ” could be a better job championship than “ kitchen worker ”. If you veer besides far from your actual occupation, though, you could be guilty of fraud and you risk invalidating your policy equally well as facing a criminal conviction .
Do you have to tell your insurer if you change jobs?
Yes, you need to let your insurance company know if your occupation changes. As with any other hazard component, such as where you live or the type of car you drive, your profession can affect the cost of your car indemnity. If you don ’ deoxythymidine monophosphate inform your insurance company, you could invalidate your cover .
Is car insurance more expensive if you’re unemployed?
If you ’ re unemployed people you may pay more for your car insurance. BBC research found that car indemnity premiums averaged 30 % more for out of work drivers, but costs could be deoxyadenosine monophosphate much as 63 % higher. The Association of british Insurers confirmed that unemployment was a recognize risk factor for insurers and say that this is supported by actuarial tell. Some theories to explain the sensing of higher hazard are :
- unemployed drivers will use their car more frequently to travel to more locations as they seek work
- The unemployed are less likely to maintain their vehicles, which could lead to more claims
Does your occupation cause you an insurance headache?
Confused and struggling to get low-cost car insurance ? Complete Cover Group specialises in helping drivers in your position. If you ’ re in a high risk profession and looking for a great deal, get a quote today .
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