What is the best job to put down for car insurance?
Delivery drivers and construction workers often pay more for their car insurance because they tend to drive a lot and are often in a hurry. A personal assistant or secretary, on the other hand, is generally viewed as lower risk and their premiums are cheaper.
What are the most expensive occupations for car insurance?
20 most expensive professions for car insurance
- Footballer — £1,942.
- Car wash attendant — £1,616.
- Sportsman — £1,559.
- Fast food delivery driver — £1,537.
- Abattoir worker — £1,487.
- Scrap dealer — £1,396.
- Town Clerk — £1,324.
- Ceiling fixer — £1,224.
Can I lie about my job on car insurance?
Lying about your job title could void your car insurance
If the job title you choose when buying a car policy doesn’t match what you actually do, your insurance might not be valid. It could also mean your policy gets “voided”. And this might make it harder (or more expensive) to get insurance in future.
Is it better to be a student or employed for car insurance?
College students, as younger drivers, typically pay more for car insurance. While insurance providers typically charge younger drivers, like college students, higher car insurance rates, the amount you’ll pay depends on many factors. But remember: If you can stay on a parent’s policy, you’ll typically pay less.
Does your job make a difference to car insurance?
Does your job title affect your car insurance? Yes, your job title does affect your car insurance premium. As car insurance is based on risk, some professions are considered higher risk than others, so insurance companies have to charge varying premiums accordingly.
Does your income affect car insurance?
Recent studies have shown that THERE IS a direct correlation between how much money you make and how much you will pay for car insurance. A recent study done by the CFA (Consumer Federation of America) shows that car insurance companies, on average, will charge you more money if you have a lower income.
How does being unemployed affect car insurance?
Insurers tend to charge unemployed people more for car insurance because they believe unemployed drivers are more likely to make a claim. … Unemployed individuals may also be viewed by insurers as less likely to maintain their vehicles, as they have less spare cash. Unemployed people tend to pose a higher credit risk.
Why is insurance more expensive for mechanics?
Those who drive to work or at work are likely to spend more time on the road, particularly at peak times, so insurers deem them more likely to have an accident – and charge more accordingly.
Why do insurance adjusters lie?
Do Insurance Adjusters Lie? Yes, insurance adjusters sometimes lie about a claim. They may want you to believe that you don’t qualify for certain types of damages. They may also allow you to believe your settlement is much lower than the average car accident settlement.
Can you go to jail for lying to insurance?
In NSW, insurance fraud is usually dealt with under Section 192E of the Crimes Act 1900. There is a maximum penalty if convicted of a 10-year prison sentence. You may also be required to pay back the amount that was defrauded.
Does being self employed affect car insurance?
The key takeaway here is that being self-employed will likely cost you more when it comes to car insurance. That additional amount is typically nominal. With the help of an accountant, you’ll likely be able to find a way to more than offset any premium charges.
Is insurance cheaper for students?
The cost of car insurance for students is generally higher than average, as most student drivers are under the age of 25 and are considered to be more of a risk on the roads than older drivers. Students are also are more likely to be new drivers, meaning they haven’t been able to build up a no claims discount.
Do medical students get cheaper car insurance?
Medical students may be eligible for special discounts. For one, auto insurance companies like to offer those who are at school to better themselves savings on their auto insurance coverages. Doctors typically have good insurance rates as well, as they’re considered to be low-risk to insurers.
Do apprentices get cheaper car insurance?
Apprentices who list themselves as ‘students’ could save up to 13% on insurance premiums, MoneySuperMarket has revealed. … Going through the car insurance journey on a comparison website only takes a few minutes, but it’s not a job that should be done too hastily.