Your job can affect car insurance premiums even if your work doesn’t involve driving. Insurance companies think that occupations equate personality and people with certain personality traits that are more likely to take risks and get into accidents.
Professions that Pay Higher Premiums
You’ll be shocked at some of the professions that the insurance industry regards as bad risks and charges higher premiums.
Professions that Pay Higher Premiums
You’ll be shocked at some of the professions that the insurance industry regards as bad risks and charges higher premiums.
- Salespeople
- Entrepreneurs
- Doctors
- Nurses
- Medical Technicians
- Surgeons
- Business Executives
- Realtors
- Judges
- Lawyers
- Police Officers
- Architects
- Social Workers
The people in those professions are regarded as risk takers and nonconformists. They also have some behaviors that insurers believe put them more at risk for accidents. Salespeople, Realtors and social workers drive to appointments. That means they are more likely to be behind the wheel and rush to make appointments. Doctors, nurses, lawyers and police officers work long hours so they’re more likely to drive tired or at night and get into accidents. Doctors actually have an accident rate almost as bad as that for teenagers.
Entrepreneurs, real estate brokers and business executives are in high stress jobs. They’re also more likely to have hard charging Type A personalities so they’re more likely to speed or engage in reckless passing.
Who Pays Lower Premiums
Some of the professions that can lead to a lower car insurance premium are surprising. Professionals who pay less include:
Entrepreneurs, real estate brokers and business executives are in high stress jobs. They’re also more likely to have hard charging Type A personalities so they’re more likely to speed or engage in reckless passing.
Who Pays Lower Premiums
Some of the professions that can lead to a lower car insurance premium are surprising. Professionals who pay less include:
- Scientists
- Engineers
- Artists
- Professional Pilots
- Actors
- Writers
- School Teachers
- Software Designers
There are several reasons why people in these professions pay lower car insurance premiums. Writers and artists are more likely to work at home so they drive a lot less than others. Less driving equals less risk of an accident. Teachers generally don’t drive that much for their jobs and they are regarded as highly professional.
Scientists, engineers and software designers are regarded as meticulous and having an eye for detail. They’re more likely to be safe drivers and pay attention to what’s happening on the road. Strangely enough professional pilots have a similar reputation.
Actors pay a lower rate because they are more likely to live in urban areas where you don’t need a car and many of them don’t make enough money to afford a car. Ferrari driving movie stars are the minority in the acting profession - guys who wait tables and live in a walk up in Brooklyn or Hollywood are the norm.
So what do you do if your profession causes your car insurance premiums to go up? The best answer is to get multiple car insurance quotes to see if you can find another company that charges lower rates online here on Car Insurance Comparing. It might also be a good idea to tell your insurance company about your profession. There might be a chance that your choice of work could lead to a lower premium.
Scientists, engineers and software designers are regarded as meticulous and having an eye for detail. They’re more likely to be safe drivers and pay attention to what’s happening on the road. Strangely enough professional pilots have a similar reputation.
Actors pay a lower rate because they are more likely to live in urban areas where you don’t need a car and many of them don’t make enough money to afford a car. Ferrari driving movie stars are the minority in the acting profession - guys who wait tables and live in a walk up in Brooklyn or Hollywood are the norm.
So what do you do if your profession causes your car insurance premiums to go up? The best answer is to get multiple car insurance quotes to see if you can find another company that charges lower rates online here on Car Insurance Comparing. It might also be a good idea to tell your insurance company about your profession. There might be a chance that your choice of work could lead to a lower premium.
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