Job title affects car insurance
24 August 2005, 04:26 PM
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Job title affects car insurance
Article taken from Yahoo news
Job title affects car insurance
What motorists do for a living plays a big part in determining how much they pay for car insurance, it has been revealed.
Comedians and choirmasters end up forking out £200 a year more than clergymen, even when they drive the same car and live in the same area, according to car insurance search engine company www.confused.com.
Bank managers have the lowest premiums and professional footballers the highest, the company discovered.
It looked at insurance for 365 professions and assumed each person was 35, male, living in the Vale of Glamorgan and driving a Vauxhall Astra 1.8.
Drivers were also assumed to want fully comprehensive insurance and have a maximum no-claims bonus.
The lowest average annual premiums - of £309.39 - for bank managers contrasted with the highest average figure - of £691.69 - for professional footballers.
Confused.com managing director Kate Armstrong said: "Although occupation is just one element that can affect your car insurance premium, making sure that you put down the right career is critical. Take, for example, a TV broadcaster paying £448 for their insurance; if they'd described themselves as a TV announcer they'd have to pay an average premium of £681."
Job title affects car insurance
What motorists do for a living plays a big part in determining how much they pay for car insurance, it has been revealed.
Comedians and choirmasters end up forking out £200 a year more than clergymen, even when they drive the same car and live in the same area, according to car insurance search engine company www.confused.com.
Bank managers have the lowest premiums and professional footballers the highest, the company discovered.
It looked at insurance for 365 professions and assumed each person was 35, male, living in the Vale of Glamorgan and driving a Vauxhall Astra 1.8.
Drivers were also assumed to want fully comprehensive insurance and have a maximum no-claims bonus.
The lowest average annual premiums - of £309.39 - for bank managers contrasted with the highest average figure - of £691.69 - for professional footballers.
Confused.com managing director Kate Armstrong said: "Although occupation is just one element that can affect your car insurance premium, making sure that you put down the right career is critical. Take, for example, a TV broadcaster paying £448 for their insurance; if they'd described themselves as a TV announcer they'd have to pay an average premium of £681."
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