Cheapest job titles for car insurance

Insurance companies analyse lots of factors when calculating the price of your car insurance, including what your job is.

What your profession is and how you do your job (especially if you drive regularly for your company or carry expensive equipment) can have an impact on the premium quoted by insurance providers.

Some types of employment are considered a greater risk than others, which is why car insurance can be cheaper for some job titles and more expensive for others.

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.

Insurance companies don’t typically ask for specific employment information, but they may do in some circumstances or when a claim is made. If you aren’t accurate and honest with your insurer about your occupation, you could invalidate your cover.

Yes, you need to let your insurer know if your occupation changes. Like with any factor that can affect your car insurance (such as where you live or the vehicle you drive), your profession can affect the cost of your car insurance. If you don’t inform your insurer of a job role change, you could invalidate your cover.

As with describing your job accurately to your insurer, you should similarly be honest if you are unemployed. Be sure to be accurate though, as data suggests that incorrectly identifying yourself as ‘unemployed’ if you are actually retired, a student or a housewife/house husband, could lead to you paying much more than you should for car insurance.

For more car insurance tips on how to lower the cost of your premium, check out our car insurance tips guide.