Car Insurance Premiums - Bentley-Driving Farmer In Devon Or Fiesta-Driving Doctor In Liverpool?
Motor Car Insurance
Interested?In Saving Your Money When Buying?Car Insurance This Year?
Car Insurance Premiums - Bentley-Driving Farmer In Devon Or Fiesta-Driving Doctor In Liverpool?What job description best describes what you do?. Which are you - dustman or environmental hygiene technician?. Which are you - shop assistant or executive retail consultant?. Which are you - van driver or logistics solutions provider?.
One can only laugh at the recent reclassification of so many job titles. But describing your occupation could save or lose you money when it comes to car insurance.
Professional sportsmen, actors and TV presenters are deemed to be the most risky, with members of the armed forces, journalists and people working in the licensed trades following them. These people would find themselves receiving much higher quotes than the average.
Of course, footballers and entertainment stars are in the high-salary bracket, so would be more likely to have a more expensive vehicle (or three) in the first place.
It's not generally known that car insurance premiums can vary according to the job done by the applicant.
The insurers may consider your occupation to be a safe one if you use your car to commute to work each day. If a job entails having a safe place in which to park your car, this will lead the insurers to consider your job a safe one.
Insurance companies need to know whether or not you smoke and drink and whether you are married or not. If a medical check-up shows you to be more healthy than the average for your age group or profession, you could be offered a lower quote.
Another important factor determining the cost of some insurance products is your postcode. In theory, you could be paying more to insure your Fiesta than someone with a Bentley in a different part of the country with a different job and lifestyle.
Also available from insurance companies is a list of high-risk, high-crime areas in the country. Your postcode not only affects insurance but the price you pay for a car warranty as well. Bizarrely, some towns in the UK have areas in the 'A', low-risk category as well as 'F', high-risk areas, but the majority are centred around the B, C or D mid-risk range.
The levels of risk associated with various occupations by the insurers produce some surprising results. Computer engineers and retail managers are near the top of the list, accompanied by doctors and chefs, working long hours in stressful jobs. Also among the top ten are, according to research by Churchill, estate agents, students and social workers.
You will be reassured to know that pilots and ambulance drivers, as well as farmers and greenkeepers, are included at the other end of the scale.
Of course, factors like the availability of off-street parking or garaging play their part too. Young or new drivers will understandably pay more, not only for car insurance but warranties and gap insurance as well.
Car insurance is usually more expensive for men than for women. People will always argue about the contention that this suggests women are better drivers. Women and men are responsible for roughly the same amount of accidents, but women tend to have more minor ones. Men are responsible for 85% of serious road offences, so all men have to pay more for their premiums.
Those who work in publishing will be charged a premium in accordance with what job they do. A job description tweaking tool is available from moneysavingexpert.com. In the world of publishing, when someone describing themselves as a journalist pays ?400 per year, a reporter would pay ?396 while a proof-reader would get away with only paying ?356. Since a journalist proof-reads, it wouldn't be dishonest if he described himself as a proof-reader.
A person describing himself as a shop manager would pay slightly less than the ?500 charged to a person described as a shop assistant. If you describe yourself as a van driver, you will have to pay more than if you had been the driver of a bus, coach or minibus.
It is worth thinking carefully about aspects of your job and which best describes you for car insurance purposes.?Insurance4Britain.com?could help you to save money, but never forget that your policy might be invalidated if you fail to make a full disclosure.
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