Can Your Job Affect Your Car Insurance Premiums?

Yellow car with magnifying glass

When it comes to car insurance, insurers look at every scrap of information there is to know about you in order to calculate your premiums. From where you live to how old you are, no stone goes unturned—and this even includes your job! Depending on what your occupation is, and the risks that insurers associate with it, you could see your car insurance premiums skyrocket or plummet.

We’re going to take a look at how your job can affect your insurance premiums and how you can work your way around it. We’ll also take a glimpse at which jobs come with the highest and lowest insurance premiums!

If you’ve looked at some of our previous guides on the ins and outs of car insurance, you’ll already be well aware of the wide variety of factors that go into calculating insurance premiums. One that we haven’t delved into fully, however, is the role that your job can play. Believe it or not, you could be paying hundreds of pounds more than your friends and family, simply because of your occupation!

How does it work?

First things first, it’s nothing personal. It’s not as though insurers have something against a certain occupation, or prefer people who work in a particular job sector. It all ultimately boils down to risk.

Insurers have access to a huge database of past claims, which allows them to sort through and analyse information like age, car model and occupation. With the sheer volume of figures available, insurers are able to calculate trends and patterns. They can then use this to determine which jobs are riskier. If, for example, statistics show that journalists make a high number of claims, and you yourself are a journalist, they will ramp up your premiums in preparation for any future claims they think you’re likely to make.

It’s easy to understand why you might be frustrated by this. If you’re a safe driver with exceptional defensive driving and hazard perception skills, you might feel as though you’re being punished simply because others in your field have made a high number of claims in the past. Bear in mind, however, that insurers have to play things safe. If their figures tell them that you could be a risk to insure, then they have to make sure they’re covered. Additionally, your job is only one of many factors that they consider when calculating your premiums.

Super Save up to £319.82* on your car insurance with MoneySuperMarket*

*51% of consumers could save up to £319.82 on their annual car insurance premiums. Consumer Intelligence, May 2022.

What jobs have the highest and lowest car insurance premiums?

If you’re wondering what kind of jobs attract the highest or lowest premiums around, we’ve got something that might sate your curiosity. Using figures from MoneySuperMarket, we’ve compiled a list of the top 10 jobs that have the highest and lowest insurance premiums around. If you spot your job in the table below, try to remember that the premiums are not exact. There’s no way of knowing what your exact premium will be until you get a quote from an insurer.

Jobs with the highest premiums

Jobs with the lowest premiums

Professional footballer: £1,978 Invigilator: £252
Sportsperson: £1,511 Newspaper delivery driver: £268
Fast food delivery driver: £1,291 Retired: £270
Scrap dealer: £1,286 Curtain maker: £278
Apprentice: £1,243 Janitor: £283
Car wash attendant: £1,237 Guest house proprietor: £284
Student (living at home): £1,156 Medical secretary: £290
Town clerk: £1,124 Registrar: £290
Doorman: £1,113 Chiropodist: £293
Carpenter’s assistant: £1,099 T-shirt printer: £294

Figures from MoneySuperMarket (correct as of October 2019)

It’s not entirely surprising to find that professional footballers pay the highest insurance premiums. After all, they’re known for driving luxury cars. The more expensive the car is, the riskier it is to insure—parts are expensive to replace and the car itself is at a higher risk of being stolen. With jobs like fast food delivery drivers, it’s all about risk on the road. They’re likely to be on the road for most of the day, often in city centres, which increases their chances of getting involved in an accident. Students and apprentices typically fall into the ‘young driver’ category. These drivers have less experience on the road and, as a result, make the most claims out of any other age group.

When it comes to the jobs paying the lowest insurance premiums, it’s all about lower mileage, less risk and a history of lower claims. Those who have retired, for example, are less likely to be on the road as often. Whilst newspaper delivery drivers are out on the road every day, they’re sticking to a familiar route day in and out (unlike food delivery drivers). Other jobs like T-shirt printers and curtain makers could have cheaper premiums because these workers aren’t on the road much—or it could simply be because they don’t tend to make as many claims.

Am I stuck with paying high insurance premiums?

Cartoon red car with woman driving attached to car key

There are plenty of ways in which you can reduce your car insurance premiums. One direct way to tackle your job’s role in calculating your premiums is to look at how you can tweak your job title. In almost all cases, you’ll have a job that could technically fall under different titles. If you’re a journalist, for example, you’re far more likely to find cheaper premiums if you class yourself as an ‘editor’, even though you might be doing a similar job. It’s the same as if you picked ‘artist’, instead of ‘illustrator’.

It’s important to note here, however, that you have to stay within the lines of reason. That is, you can’t tell your insurer that you’re doing a job that isn’t in any way, shape or form related to what you actually do. If you do, you’re committing insurance fraud. If an insurer finds out that you’ve lied to them about your job, they could cancel your policy and report you. Not only could this lead to you being fined, it could cause you problems further down the line when looking for a new policy. It’s the equivalent to being blacklisted. If you thought premiums were hefty before, you’ll have another think coming if you’re caught committing fraud!

Compare job titles

If you’re not sure where to start with tweaking your job title, we’ve got just the thing for you! Money Saving Expert has a car insurance job picker that can help you compare similar job roles and their average premiums.

All you need to do is type in your job title and the premium you’re paying at the moment (if you don’t know what this is, just make up a number), and you’ll be able to see a breakdown of similar job titles and their premiums. Take a few minutes to read through the list carefully. The next thing you need to do is consider whether you can truthfully use any of the other potential titles. If you can, then you could potentially be saving yourself hundreds of pounds.

If you can’t find a similar job title, or the other options are just as expensive, do not try to use a title that does not apply. Cheating the system will not work.

What if I’ve got more than one job?

If you happen to have more than one job, you might be wondering which one will affect your premiums. Depending on the insurer, you could potentially be given the option to pick the job title that gives you the lowest premiums. It is more likely, however, that the insurer will ask you which job you spend the most time at instead. Again, do not attempt to lie to your insurer. While it might seem unlikely that they’d ever find out, it’s not worth the hassle of them cancelling your policy and reporting you for insurance fraud.

What if I’m unemployed?

Whilst retired drivers have the advantage of paying the lowest premiums around, unemployed drivers are another story entirely. Unfortunately, for reasons that we’ll explore, insurers have found unemployed people to be a high risk to insure. So, if you fall into this bracket, you are going to be forking out a lot on insurance.

So, what makes the unemployed such a risk to insure? For starters, they tend to be on the road more, looking for work. As they’re typically heading to new and unfamiliar places on a regular basis, it can increase the likelihood of them ending up in an accident on the road. Additionally, with no source of income, unemployed people are unlikely to be able to keep up with service checks and overall car maintenance—further increasing their chances of an accident.

If you’re no longer working, you might want to take a closer look at your current car insurance policy. As you’re no longer heading to and from work, you might not need ‘social and commuting’ cover. Similarly, if you’re not using your car for your job, ‘business’ cover is redundant. Instead, you could switch to ‘social use’ which tells insurers that you’re only using your car for general purposes.

What if I’m a student?

If it wasn’t bad enough that you have to pay university tuition fees, accommodation and everything else associated with being a student, you’ve also got to fork out for hefty insurance premiums! If you’re depending entirely on the Bank of Mum and Dad, or student loans, you might want to give your car situation a rethink.

The costs associated with keeping a car can be huge—whether it’s insurance, tax, maintenance or fuel. If you can get to university with public transport, you might want to give your car a break. You could save by declaring your car as off the road. This would allow you to stop paying tax and insurance! Alternatively, if you’re living on campus, consider whether you truly need to bring your car with you to university. If you leave it at home, you could save money on fuel and parking!

What happens if I change job roles?

Considering that car insurance policies typically run on a yearly basis, it’s not far-fetched to imagine that you might change job roles before your policy renewal. If you’ve recently been promoted, switched to a different job sector, or gone from unemployed to employed, it’s important that you get in touch with your insurer immediately. As you now know, your occupation could play a large role in the calculation of your premiums. A change in role could result in you having to pay lower premiums—or the exact opposite. So, let your insurer know!

Bear in mind, however, that making changes to your insurance policy will likely result in you being charge an admin fee.

Quick tips

To do book with a timer next to it

MoneySuperMarket gives you lots of clever ways to save a lot, by doing very little; you can compare and save on over 40 products, from over 55 of the biggest insurance providers in the country.

If you’re struggling to find a cheap car insurance policy, one of the best ways to go about it is to look at comparison websites. Instead of having to go from website to website, you can get quotes for dozens of different insurers all in one place. It can cut your research time down in half! Check out these comparison websites:

Another way to ensure you know what you’re looking for, and that you’re getting the most out of your policy, is to get to know the ins and outs of car insurance. Don’t worry, we’re here to help! Simply read these handy guides and you’ll be an insurance whizz in no time!

By Bethany Hall

Whether you’re a learner or a pro driver, Bethany is here to help. From defensive driving to the Highway Code, she’ll tell you everything you need know about driving. If she’s not on the road, you’ll probably find Bethany with her head in a book or binge-watching the latest TV show.

Leave a comment

Your email address will not be published. Required fields are marked *