Which Occupation Is Cheapest For Car Insurance?

What occupation makes car insurance cheaper?

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..

How does job title affect car insurance?

The cost of your car insurance is a result of many factors including your age, the car you drive, where you live, and your occupation. … Insurers keep a record of past claims made by each job title or occupation, so they can see which tend to be the most risky and thus more likely to claim.

What day is cheapest to buy car insurance?

Getting car insurance quotes 20 to 26 days before the policy is due to start is likely to get the cheapest price from a comparison site, saving up to 40%, an MSE investigation reveals. In 2018, we revealed 21 days was the optimum time to buy your car insurance.

Which type of car insurance is cheapest?

Third Party Insurance You’d expect third party only insurance to be the cheapest option as it offers the least protection of all the types of cover available, so you might be surprised to learn otherwise. Third party insurance typically covers: Damage to someone else’s car or property.

Can you lie about occupation 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.

Does car insurance increase if unemployed?

Insurers tend to charge unemployed people more for car insurance because they believe unemployed drivers are more likely to make a claim. … Unemployed individuals may also be viewed by insurers as less likely to maintain their vehicles, as they have less spare cash. Unemployed people tend to pose a higher credit risk.