Obtaining car insurance can be expensive for anyone but unfortunately, unemployed drivers often end up paying more than employed drivers do. Indeed a recent study from the BBC showed that unemployed drivers can expect to pay, on average, 30% more than others for the cover.
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Consequently, what's the cheapest job for car insurance?
Top 10 jobs for cheaper insurance
- Retirees.
- Secretary and PA.
- Clerical assistant.
- Local government officers.
- Medical secretary.
- Secretary.
- Classroom aide.
- Book-keeper.
Beside above, does car insurance cost more if you are retired? However, how much age affects your premium really does depend on the type of insurance cover you're looking for. Car insurance can sometimes cost more if you have left work. However, being retired may actually go in your favour, as drivers over 50 are generally seen as more experienced and reliable.
In respect to this, can you lie about job on car insurance?
Don't lie when you describe your job to your insurer. Putting down the wrong job could mean you get cheaper insurance quotes, but it's pointless because your insurance would be invalid.
Do insurers check your job?
While they do not normally ask for employment information, in some cases, it is required. If you do not want to provide information regarding your employment, or if you are currently unemployed, simply tell the insurance agent this when you apply.
Related Question AnswersWhat is your job title for car insurance?
What's in a job title? Footballers and racing drivers most expensive for car insurance, while nurses are cheapest. Racing drivers and footballers take first and second position on the podium when it comes to costly car insurance premiums, research has found.Does credit score affect car insurance?
The FTC study found that credit-based insurance scores are effective predictors of risk under automobile policies. Thus, on average, higher-risk consumers will pay higher premiums and lower-risk consumers will pay lower premiums." It's also important to note that insurance companies don't use traditional credit scores.How can I lower my car insurance?
Listed below are other things you can do to lower your insurance costs.- Shop around.
- Before you buy a car, compare insurance costs.
- Ask for higher deductibles.
- Reduce coverage on older cars.
- Buy your homeowners and auto coverage from the same insurer.
- Maintain a good credit record.
- Take advantage of low mileage discounts.
Why is my insurance so high with no accidents?
Your deductible is too low, or your coverage is too high If your policy has a low deductible (typically under $1,000) your premiums are going to be much higher. While this may cost you less at the time of the accident, you'll pay more in your monthly or annual car insurance premium.How can I get cheaper car insurance?
Follow our other top tips to drive the cost down even further.- Limit your mileage.
- Pay annually.
- Improve security.
- Increase your voluntary excess.
- Build up your no claims bonus discount.
- Only pay for what you need.
- See if it's cheaper to buy add-ons as separate products.
- Consider your cover type.
What happens if you lie to car insurance?
A final note: fraud of all types (including auto insurance fraud) has legal consequences in the U.S. If you're caught in a fraudulent lie, you'll not only be on the hook for any costs your insurer would have otherwise covered, you may be facing hefty fines, community service, probation, or even jail time.Why does job affect car insurance?
Generally, car insurance companies offer unemployed people higher premiums because they're more likely to: Be driving during the day. Be driving in unfamiliar territory when making their way to job interviews. Make a claim.Which postcode is cheapest for car insurance?
The cheapest postcodes| Rank | Postcode area | Average annual shoparound car insurance premium |
|---|---|---|
| 1 | IM (Isle of Man) | £231.49 |
| 2 | KW (Kirkwall) | £252.13 |
| 3 | TR (Truro) | £279.72 |
| 4 | AB (Aberdeen) | £285.82 |
