General car insurance

What occupations pay less for their car insurance?

Those who read such title will say what is the relation between what I do for living and my car insurance policy but, the truth is that there is a direct relation between cheap car insurance and personal occupation. There are numerous criteria for acquiring cheap car insurance and your occupation is one of the most important criteria that affect your premium.

Car insurance company is not a charity aiming to help those who are having hard times with their cars but, they are service companies that are offering a service against a profit. Their profit actually comes from those who pay the insurance and do not make accidents so, they tend to attract such people to sign insurance premiums with the company in order to make a higher profit. They tend to offer cheap car insurance policies for these people in order to keep them signed up with them for the longest possible period.

Car insurance company identifies a “safe driver” according to the following criteria: –

- Drives at a relatively low speed

- not in a great hurry

- not having a stressful occupation

- drives low mileage with his own car

- Uses the public transportation network or the company bus drives him to and from work.

When the driver is not in a stressful job then he will be less likely to use his cell phone while driving and even if he is using it, he would concentrate very much in the call and forget about driving. Being on the cell phone for a lot of time while driving makes the driver more prone to make an accident and that is completely against the “safe driver” definition of the insurance companies.

Let us browse through some occupations to give you an example for the less stressful jobs that may get cheap car insurance premiums. Scientists, lab technicians, writers, librarians and those who work in similar jobs are the most prominent examples for those who get the best deals on their car insurance. This is because they always work in a relaxed work environment with no much stress. These people always ride the public transportation and use their cars only occasionally and this also means less mileage covered by their cars. All of these reasons makes them the best drivers who are rarely involved in accidents.

On the other hand, there are other occupations that incur higher insurance premiums. This is because the insurance companies do not consider them “safe drivers” and this is also because of their occupations and what they do for living.

Marketing managers and marketing executives are on top of the list because they are always stressed with their marketing targets and they are also always on the phone while driving. They also drive for very long hours and cover very long distances with their own cars. Any other job that involves high stress levels like sales, marketing, on – call doctors and other similar jobs can keep the person over the phone for long times and insurance companies think that this is the first step you take towards an accident so, they always put you in the high risk square. Of course, no one in the company will tell you that you are having such high premium because of your occupation but, it goes without saying that if you are working in a less stressed job then you will be able to get cheap car insurance easier than those working in stressful jobs.

If you are one of those who work in the less stressful jobs then it would be a good idea to go through your insurance policy once more and talk to your agent to see if there is any chance to make it less or to get better rates on your next insurance premium or not. Most of the insurance companies apply these criteria on all applicants. After all, any business is looking for success opportunities and safe driver would be a very good investment for insurance company.

If you are one of those who fall in square two then you may want to check my next post to see how you can lower your insurance premium and enjoy nice cheap car insurance without quitting your job of course.

Check the fool proof method to lower your car insurance premium